Balearics one of the EU regions with the highest foreign population
Approximately four out of every ten (42%) are between 25 and 49 years of age.
Humphrey Carter18/03/2024 11:55 Balearic properties are the most expensive in Spain
Prices are higher than in Madrid and Catalonia.
60 percent of homes sales of 500,000 euros and above were made by foreigners
"In 2023 we saw a return to normality in the island’s real estate market after the extraordinary activity of the previous two years..."
Spain is the number one destination for Britons this year
Britons rate continental destinations as providing far better value for money.
Hans Lenz: Mallorca needs more affordable housing for residents
“It is reckless and a risk for consumers that there is no prior requirement, no minimum training and no control over an activity that deals with something as sensitive as renting or buying a home.”
From art to property. How an American saw a golden opportunity in Mallorca
Drew Aaron is one of the new breed of Mallorca businesspeople who have moved to the island and invested heavily.
“Mallorca is a five-star plus global destination to invest in real estate, it’s hard to beat...”
“If you want to have a place in the south, in the Mediterranean, to have this infrastructure, Mallorca is second to none.”