The Balearic Islands accounted for 22.1 percent of the total number of luxury homes in Spain up to 1 August this year, according to data published on Tuesday by Idealista. In detail, the archipelago is behind Malaga in this ranking, which accounts for 23.3 percent of the total, and followed by Madrid and Barcelona, with 11.8 and 11.6 percent, respectively. The four provinces account for 69 per cent of all properties advertised for more than one million euros - seven out of every ten.
One in five luxury homes in Spain are in the Balearics
Homes priced at over three million euros
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