Sorello Guides

What rents in Maó actually are

Five years have added 30,4 % to the reference, well ahead of general inflation. 2.261 declared leases sit behind it: enough to inform, small enough that one street can sit outside the range. A flat in Maó rents at a reference of 6,89 €/m², the middle of the Spanish range and the level at which old and new contracts diverge most.

Rents declared on income-tax returns for main-residence leases, not asking prices. They lag the market and exclude holiday lets.

Against the rest of the province

Among the Illes Balears towns and cities covered here, it records the second highest five-year change in the reference rent.

Against every municipality in this guide, its number of declared leases lands in the thirteenth twentieth from the bottom.

Take Illes Balears alone: among the municipalities here, its median declared monthly rent is the third lowest.

How it compares

On a national view, its median floor area of a let flat falls into the thirteenth twentieth from the bottom.

Of the Illes Balears municipalities covered here, this one comes third lowest on upper-quartile rent per square metre.

Taking every municipality covered here together, the share of dwellings that are not a main residence is in the upper middle of the range.

How it ranks

On population it is the fourth lowest of the Illes Balears municipalities this guide covers.

Across the country, the lower-quartile rent per square metre here belongs to the band just below the middle.

Among the Illes Balears towns and cities covered here, it records the second lowest reference rent per square metre.

The reference figures, and how far apart they sit

5,12 €/m² against 9,11 €/m² is a wide spread: in Maó the same nominal flat means very different things.

2.261 declared leases sit behind it: enough to inform, small enough that one street can sit outside the range.

Declared rents for flats: rent per square metre a month, unless stated
MeasureValue
Lower quartile5,12 €/m²
Median6,89 €/m²
Upper quartile9,11 €/m²
Median monthly rent583,17 €
Median floor area87 m²

Put a quoted rent in its place

Five years have added 30,4 % to the reference, well ahead of general inflation.

A typical declared lease in Maó runs at 583,17 € a month.

What the reference implies for a flat of a given size, per month
Floor areaAt the lower quartileAt the medianAt the upper quartile
55 m²282 €379 €501 €
75 m²384 €517 €683 €
100 m²512 €689 €911 €

The floor areas are round illustrative sizes used to show the arithmetic, not measurements of any particular flat.

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