Property for Sale in Alaró, Mallorca | Balearic Properties

Property for Sale in Alaró

Alaró sits at the foot of the Serra de Tramuntana in the western interior of Mallorca, between Puig d'Alaró and Puig de s'Alcadena. It is a village that lives all year, about 25 minutes from Palma by car. The listings below show what is on the market now, from restored townhouses in the old town to country fincas on large plots.

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Alaró Property Prices at a Glance

Asking prices for houses in Alaró average about €4,276 per m², and apartments about €3,228 per m² (portal listings, September 2026). Idealista reported €4,377 per m² in August 2025. Sources differ in method and date, so read the figures as a range. Asking prices for houses rose by around 11% in the 12 months to September 2026, although asking prices are not final sale prices. Property type and plot size move the total far more than the village does. Our guide to buying property in Alaró breaks down prices by type and area.

Browse Alaró Properties by Type

Where to Buy in Alaró

Where you buy in Alaró depends mostly on the lifestyle you want. The old town, around the church, suits buyers after traditional character. Los Damunt, on the northern edge against the mountain, is popular with international buyers, and Carrer Pujol, on the upper route towards Orient, has panoramic views. The walk down to the centre from Carrer Pujol is steep, so parking matters. Lower Alaró has newer buildings and apartments at a more accessible entry price. Fincas and land are found in the countryside around the village, and many of them fall under rustic land rules. Our guide to the best areas in Alaró covers each one in detail.

Watch our Alaró buyer's guide:

Alaró or Santa María: How to Choose

Both villages suit buyers who want a year-round community within easy reach of Palma, but the setting is different.

If mountain views and the Tramuntana on your doorstep matter most, Alaró is the stronger choice. If you want to be closer to the airport in a wine-country setting, look at property for sale in Santa María.

Tell us your requirements and budget and we will arrange viewings in Alaró.

Contact our Alaró property team

Life in Alaró

Alaró is lived in all year, with restaurants and cafés open through the seasons and public services in the village. Full-time residents use it as a base for the Tramuntana and for trips to Palma, about 25 minutes away by car. Buyers who plan to use the house only part of the year should consider the upkeep of a country property while it is empty. The Alaró area guide has more on the village and its surroundings.

Rental Investment Potential

Holiday rental in Alaró requires a tourist rental licence (ETV), and whether one is available depends on the individual property and its planning classification. Long-term and holiday rentals follow different rules. There is no reliable public yield figure for Alaró, so check the numbers property by property before you buy with rental income in mind. Lower Alaró is the part of the village with most demand from tenants and first-time buyers. See our selection of properties with a rental licence in Mallorca, and read the investment section of our buying guide.

Frequently Asked Questions about Buying in Alaró

What is the average price of a property in Alaró?

Asking prices average about €4,276 per m² for houses and €3,228 per m² for apartments (portal listings, September 2026). Idealista reported €4,377 per m² in August 2025. These are averages of asking prices, so the figure for a specific property depends on its type, condition and plot.

What budget do I need to buy in Alaró?

It depends on the type of property. In our current listings, building plots start at €360,000, a restored old-town townhouse is listed at €1,850,000, and country fincas start at €1,490,000 for a reform project and rise to several million euros. Add purchase taxes, which are set by the Balearic government (check the ATIB for current rates), notary, registry and legal fees, and reform costs for older properties.

Do I need an NIE to buy a property in Alaró?

Yes. Foreign buyers need an NIE (foreigner identification number) before signing a purchase contract. It is also needed for taxes and utilities. Our NIE guide explains how to apply.

How long does it take to buy a property in Alaró?

Once an offer is accepted, completion usually takes between one and three months. The time depends on the legal checks of the property, your financing and, for older rustic properties, whether the registry and the built area match.

Balearic Properties: Estate Agents

Balearic Properties was founded in 1999 and has been a Savills Associate since 2017. We are real estate agents for Mallorca and Ibiza, with offices in Pollensa and Portals Nous. Our team can compare current listings for you, arrange viewings in Alaró and explain what to check before making an offer.

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