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.
Luxury properties in Spain - idealista.com
Luxury properties on the Idealista website.
Calvia - second highest average price of homes in Spain
Calvia is fifth most expensive to rent.
Foreign investors buy old Palma bakery building
Conversion into apartments is planned.
Palma, Mallorca
Nationally, the most sales for a November since 2007.
Sales of homes soar in the Balearics - highest increase in the country
A 70% year-on-year increase in the Balearics.
Estate agent window in Menorca
Price of house continues to rise.
Affordable housing in the Balearics getting further out of reach
Various factors contributing to the increase in house prices.
/news/local/2022/01/12/95651/increase-real-estate-sales-the-balearics-november.html
Strong signs of recovery in the property market.
Real-estate transactions in the Balearics rose 70% in November
2021 started negatively but the market began to pick up from March.
Balearics price rise for used homes the second highest in Spain
The residential property market is said to be "booming".
Price for new homes increased most in the Balearics in 2021
Above a national average of three per cent.
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