Property prices in Palma, which was recently voted the best place to live in the world by the Sunday Times, rose by 1.3 percent as the Balearic property market continued to recover, in the first quarter of this year, according to official figures.
Overall, across the Baleatics, none-new build property rose by 0.8 percent, although there were big differences in some areas. While property prices in Sa Pobla rose by six percent those in Colonia San Jordi and Cala Millor fell by  three percent.
The Balearic real estate sector is slowly pulling clear of the recession helped by a strong sterling and the economic recovery.


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