Real estate prices in Alcudia, a popular resort town on the northern coast of Mallorca, have experienced notable fluctuations over the past few years. Following a period of relative stagnation during the economic downturn, the market began to show signs of recovery around 2016, with prices rising steadily as demand grew from both local buyers and foreign investors, particularly from Germany and the UK. By 2020, the Covid-19 pandemic initially disrupted the market, leading to a temporary decline, but prices rebounded quickly as buyers sought second homes in less densely populated areas. As of 2023, average property prices in Alcudia have increased approximately 15% compared to pre-pandemic levels, with some areas, particularly those close to the beach or with sea views, seeing increases upwards of 25%. Newly built villas and luxury apartments have become particularly sought after, with developers capitalizing on the high demand by offering modern amenities and eco-friendly designs.