Balearic property prices soar in third quarter
Rental prices in Spain dropped by 8.1% in the last 12 months, according to Idealista.
Foreign buyers eyeing up luxury properties in the Balearics
36% of German buyers and 11% of British investors are trawling the real estate website, Idealista.com for luxury properties.
Rise in Balearics house prices 70% higher than the national average
The housing shortage is contributing to the rise in prices.
French tourism grows in Mallorca, as does property buying
A 25% growth in French tourism since June.
![Property in Puerto Andratx, Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Property in Puerto Andratx, Mallorca
Puerto Andratx villa on Idealista's books.
Six of the ten most expensive properties in Spain are in Mallorca
Mallorca's most expensive property is for sale at 26.5 million euros.
Which is Mallorca's cheapest village to buy a home?
At an average of 1,173 euros per square metre.
Mallorca has the most expensive street in Spain to buy a house
Mallorca has two of the top ten most expensive streets.
![Homes on the Mallorcan coast](https://uh.gsstatic.es/images/placeholder-preview.webp)
Homes on the Mallorcan coast
The Balearics still the leader for foreign buyers.
Thirty per cent of Balearics home buying is by foreigners
Teleworking has been a factor in increasing demand among foreign buyers.
Andratx Urban Planning delays
The Consell has returned the plans to the City Council after a Technical Report from Spatial Planning & Urbanism revealed some problems.
Affordable property hard to find in the Balearics
"The recovery of new flats is insufficient to alleviate a problem that already existed before the pandemic..”
The Balearic luxury property market is booming!
The Government is expected to know this month how much money it owes from the funding system to begin drafting the budgets.
The Pullmans miracle in Cala Major
"There is a brutal neglect in this neighbourhood.."
Buyers snapping up property in rural Mallorca
Four years ago you could buy a country house for 150,000 euros, whereas now it would cost 250,000 euros.
Drop in property sales in the Balearic Islands
“Local buyers have been excluded from the housing market, because of the high property prices, which are already at pre-pandemic levels and still rising..”
Balearics fall in the price to rent the biggest in Spain
The price to rent in April was down 13.2% compared with April 2020.
![Apartments in Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Apartments in Mallorca
There was a slight increase in the price of homes in 2020.
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"
Majorca tourism
Viewpoint: Homes left empty
The government needs to take its compulsory purchase orders further.
Humphrey Carter06/07/2021 10:42