Buying Property inGenova

Genova Property Prices in 2026

Average Price per m² in Genova

Based on asking prices on real estate portals, updated in July 2026, houses in Genova average €5,737/m² and apartments €6,844/m².

Asking prices on real estate portals are up 4.23% for houses and 4.6% for apartments over the last 12 months. These are asking prices, not final sale prices, and the average hides large differences between a classic house and a modern villa with views.

Price by Property Type

Price levels depend on the views, the plot size and the condition of the property:

• Houses and villas: Mediterranean-style houses and modern villas, many with pools and terraces. See houses for sale in Genova.
• Apartments: a smaller segment. See apartments for sale in Genova.

For villas in neighbouring areas of Palma, see villas for sale in Palma.

Market Trends

Houses and apartments are both up around 4% in the last 12 months. In a small neighbourhood a few sales can move the average, so compare properties of the same type and location.

Property Types Available in Genova

Houses and Mediterranean-Style Villas

Classic houses with mature gardens, terraces and pools, on larger plots than in central Palma.

Modern Villas

Contemporary villas with views over the Bay of Palma.

Apartments

A smaller segment of the market.

Best Areas and Micro-Locations to Buy in Genova

• Upper streets: elevated streets with open views of the bay and the city, where views weigh heavily in the price.
• Village centre: long-established restaurants and neighbourhood shops, close to daily services.
• Surroundings: golf courses and green spaces nearby, with Palma and the beaches a short drive away.

You can see more detail in our page on property for sale in Genova. See also our guides for Palma and Son Vida.

Buying Process in Mallorca

The general purchase process is the same as elsewhere in Mallorca. In Genova, buyers should pay particular attention to the legal status of houses, pools and extensions and to the boundaries of the plot.

Legal Steps

1. Obtain an NIE (foreigner identification number).
2. Make an offer and sign the reservation agreement.
3. Carry out due diligence: ownership, charges, licences and building status.
4. Sign the private purchase contract and pay the deposit.
5. Sign the deed in front of a notary and pay the remaining amount.
6. Register the property in the Land Registry.

Taxes and Fees

Buyers must budget for transfer tax (ITP) on resale properties, or VAT and stamp duty (AJD) on new builds, plus notary, registry and legal fees. Rates and thresholds change, so confirm the current figures with your lawyer before making an offer.

Financing

Non-resident buyers can apply for a mortgage in Spain. Banks usually finance a lower percentage than for residents, so check the conditions before signing the reservation agreement.

Timeline

The time between the reservation agreement and the deed depends on the documentation and the financing, and is normally a matter of weeks to a few months.

Investment Potential in Genova

Rental Yields and Tourist Licence

Genova is mainly a residential neighbourhood, so most buyers purchase for their own use. Holiday rental requires a tourist licence (ETV) and rules depend on the property and the area, so check them before buying. We do not offer yield promises: income depends on the property, the season and the licence.

Resale Value Drivers

Views, plot size, condition, privacy and proximity to Palma are the main factors that affect resale value.

Things to Know Before Buying in Genova

• Legal status: make sure that houses, pools and extensions are legal and match the registry.
• Slopes: hillside plots can affect access, maintenance and what can be built.
• Tourist licence (ETV): check that it exists and that it is transferable if you plan to rent.
• Running costs: pools and gardens on larger plots need regular maintenance.
• Energy certificate: required for the sale.

Frequently Asked Questions about Buying Property in Genova

What is the average price per m² in Genova?

Based on asking prices on real estate portals, updated in July 2026, houses in Genova average €5,737/m² and apartments €6,844/m². These are asking prices, not final sale prices, and they vary widely by views, plot size and condition.

Which property types can I buy in Genova?

The neighbourhood mixes Mediterranean-style houses and modern villas, many with terraces, pools and generous plots compared to central Palma, plus a smaller number of apartments.

Where is Genova?

Genova sits on the hills just west of Palma and belongs to the municipality of Palma. Elevated streets offer views over the Bay of Palma.

How close is Genova to Palma, the airport and the beaches?

It is a short drive to the centre of Palma, the marinas, the beaches and the airport, and international schools, medical centres and supermarkets are within easy reach.

Why do buyers choose Genova over central Palma?

Buyers look for more privacy, outdoor space and generous plots than in central Palma, while keeping quick connections to the city, the airport and the motorway.

What should I check before buying in Genova?

Check the legal status of the property, pool and extension permissions, the condition of the building, the plot boundaries and the energy certificate.

Sources: asking prices on real estate portals for Genova, updated July 2026; area information from our page on property for sale in Genova.

Properties for Sale in Genova

Browse the current properties for sale in Genova.