Palma price to rent over five per cent lower than the historical high
In April, the average price to rent in Spain went up 1.2%.
Calvia second most expensive municipality in Spain to buy a home
According to the latest report from the property website Idealista ...
Property development in Mallorca
There is a real problem with building affordable homes.
Property developers looking to other regions to build affordable housing
Lack of land, bureaucratic procedures ... two reasons why building affordable housing is so difficult.
Prices of luxury properties in Mallorca up almost 30%
The increase in prices partly reflects lower supply.
Kitchen in a property in Menorca
Balearics well above the national average price.
Balearic house prices the highest in Spain
Foreign buyers accounted for a third of purchases in the Balearics.
German princess investigated for alleged property sale fraud
The Council of Mallorca had apparently initiated proceedings related to planning breaches.
Luxury property in Mallorca
The type of property sought by wealthy Russian buyers.
Russian property buyer preference for Andratx and Calvia
Ninety-nine per cent of Russians living in the Balearics are said to be from normal working backgrounds.
Balearic government to give information about Russian oligarch assets
The Spanish government has asked regional governments for information.
Record inflation pushes rents up 600 euros
The acceleration in inflation was driven by food, beverages, fuel and energy.
Andratx, Mallorca
Property transfer tax percentage rises in line with the value of the most expensive homes.
Donation of properties reaches record levels
Fear of tax increase prompted the rise in the number of donations.
Villa in Mallorca
Many foreign purchases are second homes.
Foreign buying driving up house prices in the Balearics
Més in Minorca are calling for limits to foreign buying.
Judges endorse process to expropriate vacant apartments
The temporary use transfer allows for propertyto be removed from the market and rented to those in need for a maximum 30% of their income.
Comment
Comment: The Mallorca bargain
House prices may have risen but they are still way below the highs of 2007.
Humphrey Carter21/02/2022 10:13