Sorello Guides

What buying in Marratxí actually costs

Almost nothing here is a second home: 16,14 % of dwellings are not somebody's main residence. Marratxí sits in the size class where Illes Balears property still trades on local knowledge more than on portals. The appraised average of 3.803,2 €/m² belongs to the small group of expensive Spanish municipalities.

What the deed itself costs

In Marratxí the Balearic Islands transfer tax on a resale runs into tens of thousands of euros, which is why the declared value is scrutinised. Balearic Islands charges transfer tax on a progressive scale rather than a single rate, starting at 8 % and rising through bands as the value goes up; the table below applies the scale bracket by bracket.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €16.000 €
350.000 €28.000 €
600.000 €50.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Balearic Islands

Put beside its neighbours

Compared with the rest of Illes Balears in this guide, it sits third highest on average cadastral value per home.

Set the national range end to end and this average cadastral value per home lands in the second-dearest twentieth.

Take Illes Balears alone: among the municipalities here, its appraised value per square metre is the fourth highest.

Nationally, that share of the urban register that is housing falls in the second-dearest twentieth.

Line the Illes Balears municipalities in this guide up by urban property-tax rate and this one is the third lowest.

How it ranks

Set the national range end to end and this tax rate on construction work lands in the fourth-cheapest twentieth.

Compared with the rest of Illes Balears in this guide, it sits second lowest on rural property-tax rate.

On a national view, its share of dwellings that are not a main residence falls into the band just above the bottom quarter.

Of the Illes Balears municipalities covered here, this one comes lowest on number of notarised home sales.

Over the whole guide, the number of appraisals behind the average recorded here falls within the bottom quarter.

Put beside its neighbours

Judged only against Illes Balears, the number of urban cadastral units here is the second lowest in the guide.

Set the national range end to end and this year of the last cadastral revision lands in the band just below the top quarter.

Take Illes Balears alone: among the municipalities here, its count of registered residential units is the third lowest.

Put beside the rest of the country, its total dwelling stock belongs to the fourth-cheapest twentieth.

What owning costs every year

The rural rate is 0,44 %, lower than the urban one.

The urban IBI rate in Marratxí is 0,44 %, on the low side nationally.

The register values the average Marratxí home at 116.945 €, which is where the yearly bill comes from.

On 180.000 € of cadastral value the 0,44 % rate yields 792 €, on a register that has not been refreshed in a long time.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

An ageing cadastral register

Marratxí has not revalued since 2009, which is long enough for the gap to market values to be substantial.

The tax on construction work is 3,2 %, so a refurbishment budget should carry it.

What the appraisers see

The appraised average in Marratxí is 3.803,2 €/m², which is a coastal or capital-city price.

It rests on 114 appraisals, a thin base that a few unusual properties can move.

A stock of homes people actually live in

Almost the whole register is housing: 13.669 residential units out of 19.349 urban ones.

Only 16,14 % of Marratxí dwellings are not somebody's main home, so the market is driven by people who live here.

The census put the total stock at 15.048 dwellings.

How rarely homes change hands

Third quarter was the busiest quarter and Fourth quarter the thinnest, but the spread was mild.

Notaries recorded 301 home sales in Marratxí over the year, which is very few for its size.

With 13.669 residential units on the register, that is moderate turnover of the existing stock.

Notarised home sales by quarter, 2025
QuarterSales
First quarter77
Second quarter72
Third quarter85
Fourth quarter67

Related guides

Sources and licences