Average price of homes in the Balearics fell over five per cent in December
The notaries stress that one month's figures can't be taken in isolation when assessing property market behaviour.
New demand to restrict non-resident home buying in the Balearics
"If there is the political will, it can be done."
Criticism of Balearic government praise for Canada's foreign home buyer ban
The government is expected to discuss Canada's policy at Monday's cabinet meeting.
Palma property prices barely rose in 2022
The implication is that prices are hitting something of a ceiling.
Taylor Wimpey continuing to invest in Mallorca and Spain
An increase in demand from 'nomadic workers'.
Estate agent window in Palma, Mallorca
Demand for property will remain high.
Increase in house prices in Mallorca forecast to be lower next year than in 2022
While prices are falling in some regions, the Balearics isn't one of them.
Balearics - the highest rate of express squatter eviction cases
There were 170 such legal proceedings in the Balearics last year.
"The main economy in the Balearics has become the real-estate business"
"People here won't be able to compete unless regulation is put in place for foreign buyers."
Balearic government "engaged in a battle" against purchases by non-residents
The government has defended increase in taxes on properties of one million euros and more.
35% of Balearics homes bought in the third quarter were by foreigners
The Canaries, with 30.6%, were second behind the Balearics.
Non-resident property purchase: "This limitation violates superior national and European legislation, and will generate more confusion than solutions."
The Balearic government has supported a proposal to limit the purchase of homes and vehicles by non-residents in an effort to reduce overcrowding and also ease environmental pressures.
500 euros for finding a flat to sell
The association of real estate agents has condemned this financial incentive.
Plans to limit Mallorca property sales to non-residents slammed by estate agents
"Our urban planning system is so muddled after years and years of politicisation of housing that civil servants and architects are desperate to interpret urban planning regulations..."
Estate agent window in Menorca
Rise in interest rates pushing up the cost of mortgages.
Rents predicted to rise in Mallorca as mortgage costs increase
A Balearic government mortgage guarantee scheme for first-time buyers is only for properties valued up to 270,000 euros.
Home sharing takes off in Mallorca as the cheap alternative to owning a property
"A cheaper way of property ownership..."
Tourist tax funding sought to replace doors and windows
Also for personal mobility vehicles and lighting in government buildings.
One in five luxury homes in Spain are in the Balearics
On a national level, Spain has 40,295 luxury homes on the market. A
Homes to love and live in
Vicki McLeod talks to Knox Design is a well known name on the island.
- Spain wants Britons to show they have 113.40 euros, £97, per day for their holidays
- Major security alert at Mallorca airport, surprise landing of flights from Morocco and Namibia
- Big changes on the horizon when Britons travel to Mallorca
- Over two hours for Britons to get through Palma airport queues
- Living in a motorhome in Palma: "It'll only get worse"