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“Mallorca cannot become like Hong Kong”
"We need to stop, pause and reflect on what has happened, what Mallorca has already lost and how we are going to best protect what we have got moving forward."
Mallorcan foreign property market hit by a “nuclear bomb”
The message is reaching international markets and causing deep concern for the immediate future of the Balearics.
Property
Balearics continue to attract the most foreign home buyers
Over a third of homes bought in the Balearics in 2019 were foreign purchases.
Property
Three per cent drop in home sales
The 15,427 transactions last year were still high, despite the decrease.
- 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"