
Panel discussion at the Mallorca Real Estate Summit in Palma
Panel discussion on second homes and the housing shortage.

Interview with the five businesses of aFinance Group.
The aFinance offices, located on C. Unió in Palma, are modern, comfortable and functional.
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.
- UK entry visa comes into force on Wednesday
- Curtain comes down on Son Amar, the popular Mallorca nightspot
- New train service will have 10 kilometre underground section, linked with Palma airport
- Ryanair changes its hand luggage and check-in rules
- Mallorca beaches at Soller and Andratx covered by thousands of 'little sails'
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