Sorello Guides

The cost of buying a home in Sant Antoni de Portmany

Second homes are a minority presence, at 19,64 % of the dwelling stock. The ministry publishes no appraisal average for this municipality, so the market figures below stop at the notarial sales count. Sant Antoni de Portmany is a town rather than a city, which in Illes Balears usually means one estate agency network knows most of the stock.

What the deed itself costs

The Balearic Islands transfer tax applies to resale purchases in Sant Antoni de Portmany; a new build is charged VAT and stamp duty instead. 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

The comparison that matters

Line the Illes Balears municipalities in this guide up by average cadastral value per home and this one is the sixth lowest.

Country-wide, that average cadastral value per home is one of the band just inside the top fifth.

Within Illes Balears, that is the third highest share of the urban register that is housing among the municipalities this guide covers.

On a national view, its number of notarised home sales falls into the second-cheapest twentieth.

Ranked against its neighbours in Illes Balears, it holds the lowest total dwelling stock of the group.

Where it sits against the rest

Set the national range end to end and this number of urban cadastral units lands in the cheapest twentieth of them.

Judged only against Illes Balears, the count of registered residential units here is the lowest in the guide.

Across the country, the year of the last cadastral revision here belongs to the eighth twentieth from the bottom.

On share of dwellings that are not a main residence it is the third lowest of the Illes Balears municipalities this guide covers.

On a national view, its tax rate on construction work falls into the upper middle of the range.

Measured against its neighbours

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

Taking every municipality covered here together, the urban property-tax rate is in the thirteenth twentieth from the bottom.

Among the Illes Balears towns and cities covered here, it records the fourth highest rural property-tax rate.

What the town hall charges every year

Rural land carries 0,72 %, close to the urban rate.

At 82.588 € per dwelling, the Sant Antoni de Portmany cadastral base is high enough that the rate matters.

Sant Antoni de Portmany sets its urban IBI at 0,68 %, a little above what most town halls charge.

180.000 € of cadastral value at 0,68 % is 1.224 € a year, but the base is dated and a revision would change it sharply.

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.

What the market looks like

The ministry does not publish this figure for Sant Antoni de Portmany, so it is stated here as not available rather than estimated.

What the housing stock is like

Almost the whole register is housing: 11.819 residential units out of 18.153 urban ones.

12.116 dwellings were counted at the census.

19,64 % of dwellings in Sant Antoni de Portmany are not a main residence — a normal proportion for an inland town.

How many homes change hands

Sales clustered in First quarter and thinned in Fourth quarter, the ordinary Spanish seasonal pattern.

With 11.819 residential units on the register, that is moderate turnover of the existing stock.

304 home sales went through the notaries in Sant Antoni de Portmany in the year — a quiet market.

Notarised home sales by quarter, 2025
QuarterSales
First quarter89
Second quarter82
Third quarter67
Fourth quarter66

The cadastral values are dated

The Sant Antoni de Portmany register dates from 2003; a future revision could move the yearly bill significantly even if the rate never changes.

The construction tax is 4 %, the statutory maximum, which matters if you plan to renovate.

Related guides

Sources and licences