Menorca, known for its turquoise coves and peaceful atmosphere, is not only a natural paradise but also one of the few places where it’s still possible to find affordable homes. If you’re considering living on the island or investing in a second home, you’d probably like to know which towns on Menorca offer the best value and where the most attractive property opportunities can be found.
The most affordable town on Menorca to buy a house
As of September 2025, Es Castell is the most affordable municipality on Menorca for buying property, according to idealista's latest data. Located on the island’s easternmost tip, next to the historic city of Mahón, the town – also known as Villacarlos – is renowned for its picturesque port of Cales Fonts and its charming British-style town centre. The average price per square metre in Es Castell stands at €3,233, the lowest on Menorca among municipalities with a significant number of properties for sale.
Living in Es Castell
Living in Es Castell means immersing yourself in one of Menorca’s most historic and characterful towns. Located on the island’s eastern coast, just a short distance from Mahón, this municipality is distinguished by its maritime charm, lively streets and privileged setting beside the port of Cales Fonts.
Es Castell offers an appealing alternative for those seeking a high quality of life, comprehensive services and a picturesque environment – without the premium prices of other tourist hotspots on the island. Daily life here is defined by a peaceful atmosphere and the welcoming nature of its residents.
When is Menorca cheapest?
Traditionally, the autumn and winter months – particularly between October and March – tend to be the most favourable time for those looking to buy a home on the island at a good price. During this period, demand falls significantly following the summer tourist boom.
In inland towns such as Es Migjorn Gran, Ferreries and Alaior – considered among the most affordable areas on the island – it is often easier to find greater price flexibility in winter, when the pressure from tourist demand subsides.
How much does it cost to live on Menorca?
The cost of living, and particularly housing affordability, on Menorca varies greatly depending on the municipality. Below is a comparison of the average price per square metre across the island’s main towns.
| Place | Price €/m² (Sept. 2025) | Highlighted Features |
|---|---|---|
| Sant Lluis | €4,882 | Residential areas, quiet surroundings and good connections |
| Es Mercadal | €4,290 | Rural atmosphere, proximity to pristine beaches and tranquility |
| Alaior | €4,011 | Good educational offering, active local life and competitive prices |
| Ciutadella de Menorca | €3,972 | Historic centre, full services and appealing to tourists |
| Maó/Mahón | €3,395 | Island capital, international port and wide cultural offering |
| Es Castell | €3,233 | Seafaring atmosphere, British history and close to Mahón |