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Foreign demand only a part of Mallorca's housing problems
The main reason for a lack of affordable housing is that "it is impossible" to build it at the required prices.
Palma Cathedral and Son Vida, among the most exclusive areas in Spain for buying a home
The Paseo Maritimo, Sa Lotja and Génova are prime locations in Palma.
Cost of living rockets in the Balearics above the national average
House prices in the Balearics have shot up by 22.9 %.
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