Menorca, while being a popular tourist destination, is quieter than both Majorca and Ibiza. The average property price is €3,350 per square metre, significantly less than Majorcan and Ibizan property.
It's often noted – rightly – that Menorca has less high-end property available than on some of the more popular islands, but that shouldn't be interpreted as the island not having any luxury property to offer. On the contrary, Menorca offers many high-value apartments, homes and estates, although certainly less than Ibiza and Menorca. In addition, many Menorcan properties come with significant grounds, and some have private sea access – a rarer occurrence on other Balearic Islands.
Menorcan property can be less expensive than neighbouring counterparts. The island is particularly popular with those looking for peace, tranquillity and privacy.
Many other smaller islands form the Balearic archipelago. Many of these tend to get overlooked and have less well-developed property markets, although they offer some of the same attractions as their more famous counterparts.