Notaries' figures for November 2024 to October 2025 indicate that the under-30s accounted for less than ten per cent of all home purchases in the Balearics.
The analysis is based on official sales data registered with a notary and includes both new builds and existing homes, and both apartments and houses. By municipality, in most cases, this youngest group fails to break the 10% barrier. This is the case in 17 of the 25 municipalities in Mallorca which have been analysed - those with the highest activity for which the notaries' website provides demographic data.
The exact percentage was 9.5%. In Inca, which has the highest percentage of buyers in the under-30s age group, this all but doubled - 18.97%. Prices in Inca increased by close to 20% over the 12-month period. The average value was €224,606.
The next five municipalities after Inca were - in order of percentage - Lloseta, Campos, Sa Pobla, Muro and Porreres. The range was 18.2% (Lloseta) down to 11.8% (Porreres). Lloseta had the youngest average age of purchaser - 40. In Andratx and Felanitx, the average age was 57. Sant Llorenç, with 33%, had the highest number of purchasers aged 60 or more. The 41-50 age group accounted for 27% of purchases, the highest of all age groups in the Balearics.
Pau Emili Muñoz Canyelles, president of the Balearic Islands Youth Council, says the notaries' data reflect the progressive exodus of young people to towns further from Palma, especially those with rail connections.
The Council warns of the low rates of young people leaving the parental home. "The average salary for a young person is €1,175 per month. We see headlines saying that young people are reluctant to buy an apartment or don't want to start families. It's not a question of wanting to; it's that they simply don't have the option."
The emancipation of the 16-29 age group in the Balearics has become an increasingly concerning social issue. At one time, 2008, the Balearics topped the national ranking for emancipation with a rate of almost 36%. By 2024, according to figures that were released a couple of months ago, this was down to 16%.