The number of empty homes in the Balearics has increased by 23.9% in 10 years
Two Mallorca properties are the most expensive in Spain.
Balearics is hot spot for Americans moving to Spain
There are currently 1,464 North Americans living in the Balearics.
One of the stickers on the window of a real estate office in Palma.
One of the stickers on the window of a real estate office in Palma.
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.
Mallorca is flush with luxury properties.
Mallorca is flush with luxury properties.
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.
Mallorca home to the most expensive streets in Spain
In the Balearics, the most expensive street is Paseo del Mar, in Calvia,
Palma is one of the most expensive municipalities to buy a property in Spain
The price of housing has risen at a “very fast” rate in the last year.
Update: Estate agents slam Balearic government plan to tax the rich
"Estate agents maintain that it will impact the market...."
Local hospitality sectors suffered a coronavirus-induced paralysis
local hospitality sectors suffered a coronavirus-induced paralysis.
Property
Palma apartment scam
The owner sent a WhatsApp asking for a deposit to reserve the property.
Finance
UK investors choose the Balearics to avoid Brexit effect
Figures from the office of the national secretary of state for commerce show that British investment was 229 million euros to the end of September.
Finance
Foreign investment soared in the first half of 2016
Over half of the foreign investment was in hotels, and much of it was German money.
Property
Balearic home sales soared in February
A total of 1,118 properties were registered as sold in the Balearics.
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.
Property
Ibiza real estate demand “to explode worldwide in 2016”
“The next five years are going to see demand for the luxury Ibiza brand explode worldwide, in America, Asia and the Middle East"