Villas for Sale in Mallorca under 2 Million Euros

This page brings together villas for sale in Mallorca with a price of up to 2,000,000 euros. That budget opens the door to many parts of the island, from the south-west coast to the north and the interior. How far it goes depends on the area, the size of the plot, the condition of the house and the distance to the sea, so it pays to compare several areas before deciding.

Best Areas for Villas under 2 Million Euros

Palma and Bendinat

Villas in Palma are found in residential neighbourhoods such as Son Vida, Génova and El Terreno, with gardens, pools and views of the city or the bay. Palma has the island's main airport, hospitals and international schools, which matters if you plan to live here all year. Further west, Bendinat and the wider Calvià municipality offer a similar proximity to Palma with a more coastal setting.

Andratx and Santa Ponsa

The south-west is one of the island's best-known residential coasts. Andratx and Puerto de Andratx combine a working harbour with hillside villas facing the Mediterranean, while Santa Ponsa is known for its sandy beach and its golf courses.

Pollensa and Puerto Pollensa

In the north, Pollensa and Puerto Pollensa mix a historic town with a seafront promenade and a long bay. Many villas here are restored country houses with stone walls and wooden beams that now have modern kitchens and pools.

Alcúdia, Muro and Artà

The north-east is known for its beaches and open countryside. Alcúdia is one of the island's oldest towns and has medieval walls. Muro borders the Playa de Muro, one of the longest beaches in Mallorca, and Artà is a hill town with larger plots and quiet access to small coves.

Types of Villas You Will Find

• Modern villas: contemporary design, open-plan living, large glazed areas and often home automation. See also our luxury designer villas.
• Fincas and country houses: rural properties built in stone, usually on larger plots of land. Browse our fincas and country homes.
• Golf and sea-view villas: located near golf courses or with views of the bay, mostly in the south-west and the north.
• Villas needing renovation: properties with potential where the budget is shared between purchase and refurbishment. Always check planning rules first.

Costs and Taxes When Buying a Villa up to 2 Million Euros

For a resale property in the Balearic Islands, the transfer tax (ITP) applies by bands: 8% up to 400,000 euros, 9% up to 600,000, 10% up to 1,000,000, 12% up to 2,000,000 and 13% above that (source: Guía Fiscal). New-build properties pay 10% VAT plus stamp duty (AJD) instead of ITP. Rates can change and other costs such as notary, registry and legal fees apply, so confirm the figures with your tax adviser before making an offer. Our Mallorca buyer's guide explains the full process.

Villas with a Tourist Rental Licence

If you plan to rent the villa to tourists, the licence matters more than the house. Since Decree-Law 4/2025 (April 2025), new tourist places in the Balearic Islands can only be activated if the same number is deactivated first, and they are banned in multi-family buildings (source: Govern de les Illes Balears). Properties that already hold a valid licence are therefore valued accordingly. Whether the licence exists, is current and transfers with the property must be verified for each villa before you commit. See our selection of properties with a rental licence.

What to Check Before Buying a Villa in Mallorca

• Legal status of the building: confirm that the house, pool and any extensions match the registry and have the right permits.
• Land classification: urban land and rural land (suelo rústico) follow different planning rules.
• Tourist licence: verify it before signing if rental income is part of your plan.
• Running costs: property taxes, community fees, pool and garden maintenance and insurance.

Frequently Asked Questions

What kind of villa can I buy for under 2 million euros in Mallorca?

It depends on the area. Across the island you can find villas with gardens and pools in many locations, from the south-west and the north to the interior. In the most sought-after coastal areas the same budget generally buys less house or less land than in quieter areas, so the best approach is to compare several areas against your priorities: sea views, plot size, distance to Palma or year-round living.

What taxes do I pay when buying a villa in Mallorca?

On a resale property in the Balearic Islands, the transfer tax (ITP) applies by bands: 8% up to 400,000 euros, 9% up to 600,000, 10% up to 1,000,000, 12% up to 2,000,000 and 13% above. New-build properties pay 10% VAT plus stamp duty (AJD). Confirm the exact figures with a tax adviser before making an offer.

Can I rent my villa to tourists in Mallorca?

Only with a valid tourist rental licence. Under Decree-Law 4/2025 (April 2025), new tourist places can only be activated if the same number is deactivated first, and they are banned in multi-family buildings. The position of each property must be verified before purchase.

Can I buy a villa in Mallorca as a foreigner?

Yes. EU and non-EU nationals can buy property in Spain. Non-EU buyers need a NIE (foreign identification number) before completing the purchase.