Balearics among the OECD regions with the highest housing costs
Over the last ten years, house prices in the OECD have risen much more in large cities.
Two of the most expensive properties in Spain are in Mallorca
The most expensive property for sale in Spain is the mansion in Las Lomas, Marbella.
Balearics has the most million-euro plus homes in Spain
Spain has, as of August 1, 2023, 40,375 luxury homes on the market priced at over one million euros.
A view of Calvia.
A view of Calvia.
The average cost of a home in the Balearics: 346,499 euros
Property prices in Balearics rose by 11 percent.
British billionaires see their Mallorca investments "rocket"
They have a net worth of 16 billion pounds.
Calvia - second highest average price of homes in Spain
Calvia is fifth most expensive to rent.
Holiday rental property in Mallorca
Holiday rental properties are being offered to the residential market.
Price of rented accommodation falling in the Balearics
A fall in price, but the second most expensive region in the country.
House construction
house construction.
Property
Property prices up to 30% higher than their real value
Official figures suggest that the eventual sale price is often lower than the original advertised price.
Property
Balearics third most expensive region for property
Calvia is the most expensive municipality in Majorca.
Property
Calvia and Palma property prices at record levels
Property prices per square metre are above what they were pre-recession.
Construction
Town halls' federation warns against "mindless" urban development
The federation disputes the claim that the rising price of property is because of a lack of land that can be developed.
Property
Slight increase in the price of Balearic homes last month
There were, suggests this survey, only two regions where the cost of housing increased. The Balearics was one and the Canaries the other.