End of the Spanish ‘Golden Visa’ sparks fresh calls for a ban on second homes
The Canadian government has banned foreign investors from buying homes in the country until 2027.
Number of German residents in Mallorca on the increase
Tax rules introduced in 2012 led to an exodus of German citizens registered in the Balearics.
How you can beat the 90 day rule in Spain but you will need a job or plenty of cash
90 day rule has had a direct impact on foreign property owners
Estate agencies in the Balearics have doubled and the risk of fraud has increased
Some of these businesses don't have the necessary knowledge or solvency; they pose a potential risk to clients.
Boom in foreign real estate agencies in Mallorca's towns is over
New agencies have opened, but there has been no control of them.
Estate agent window in Palma, Mallorca
Foreign home buying accounts for around a third of all annual transactions.
Political pressure continuing for limits to non-resident home buying in Mallorca
"The housing market in the Balearics no longer obeys the interests of the citizens who reside here."
The week's round-up of news in Mallorca
Non-Spaniards, aka foreigners, have been dominating the news in one way or another; and the Three Kings didn't go entirely to plan.
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.
Podemos call for 70,000 empty homes to be made available for housing
Podemos still want a two-year residency requirement before being able to buy a property.
Eastern Europe's rich seeking "refuge" properties in the Balearics
Eastern European countries haven't featured among the main foreign property buying markets.
Thirty per cent of Balearics home buying is by foreigners
Teleworking has been a factor in increasing demand among foreign buyers.
Foreign home buying in the Balearics fell by over 25% in 2020
Coastal areas were most affected by the fall in sales.
Villa in Santa Eulària, Ibiza
The Balearics head the list of most popular locations.
UK continues to be Spain's largest foreign home-buying market
There was a 22% fall in foreign home purchases between January and September.
Property
Sales of properties to foreign buyers forecast to drop 50%
One of the regions particularly affected is the Balearics.
Property
British property buying recovers after referendum slump
Foreign buying in the Balearics amounted to 40.5% of all transactions.
Property
Almost 40% of properties were sold to foreigners in 2017
14,834 properties in the Balearics were sold to foreign buyers in 2017.
Property
Foreign home buying worth 1,600 million euros in 2016
In the southwest of Majorca, transactions were worth 740 million euros last year.
Property
Balearics leading the way for foreign property investment
UK investment showed a marked downturn in the second half of last year.
- 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
- Passengers advised to head to Mallorca airport three hours before flights