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Slump in the sale of homes in the Balearics ... but foreigners continue to buy a third of them
The highest prices in the country are a reason for the fall.
Andrew Ede08/11/2024 11:44 Mallorca's housing crisis "will only be solved when no one wants to come as a tourist or come and live here"
The latest estimate is that property prices in the Balearics will rise 8% by the end of the year.
The Mallorca municipality where house prices have increased the most
According to Fotocasa, the price of pre-owned homes in the Balearics has risen 16.7% over the past year.
For what it costs to buy a home in the Balearics you could buy three in Murcia
The price per square metre in June was at an all-time high.