Property
Almost 40% of Balearic home purchases were foreign in 2016
The level of foreign buying in the Balearics makes the region one of the most susceptible to any Brexit impact.
Property
Property market continues to be led by the Balearics
Salaries are deemed inadequate in the Balearics for the purchase of the average home. Foreign buyers are the ones helping to keep the market buoyant.
Property
High price of property not deterring foreign buyers
The price of property in the Balearics is set to increase by almost 7% above the national average this year.
Property
British dominated the foreign property market last year
In the Balearics, the increase in the level of foreign purchasing was 22.3%, well above the national figure.
Property
Britons helping to drive foreign property market
Among Swiss, Swedish and British buyers, there has been a good deal of property movement in the three to four million euro range.
Property
Balearics is the most popular for foreign home buying
According to the Spanish Association of Property Registrars, 12.5% of all home buying over the first half of 2015 was that of foreign purchasers.
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