Apartments in Palma.
Restaurants in Palma are in particular demand.
Forecast to generate revenue of 680 million euros.
“It is very unfair to deny someone a place to live because of their race, nationality or creed..”
President Armengol insists that state regulation is needed in order to control rents.
36% of German buyers and 11% of British investors are trawling the real estate website, Idealista.com for luxury properties.
The housing shortage is contributing to the rise in prices.
A 25% growth in French tourism since June.
Puerto Andratx villa on Idealista's books.
Mallorca's most expensive property is for sale at 26.5 million euros.
At an average of 1,173 euros per square metre.
Mallorca has two of the top ten most expensive streets.
The Balearics still the leader for foreign buyers.