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.
Thousands of Balearic properties on Empty Homes Register
The home rental business in the Balearic Islands generated 900.1 million euros in revenue in 2019
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
There was a slight increase in the price of homes in 2020.
9.1 years gross salary to pay the mortgage in the Balearics
The 9.1 years for the Balearics is the highest in the country.
Sir Richard Branson gets the green light for a second hotel in Mallorca
The Son Valentí Estate was declared a Site of Cultural Interest or BIC in 2018.
Price of rented housing in the Balearics down 13%
The price to rent has fallen consistently since the start of the pandemic.
Coastal scene in Mallorca
Mobility restrictions affected foreign home buying.
Foreign home buying in the Balearics fell by over 25% in 2020
Coastal areas were most affected by the fall in sales.
Property rental profit fell in the first quarter
Palma is among cities with the lowest returns for rented homes.
El Terreno is on the up, as foreign buyers take an interest
Property prices are increasing in El Terreno.
Real Estate Agents say business is picking up in Mallorca
"Visiting the island to acquire a property or sign a contract is a legitimate reason for travel.."
Jury to decide price of temporarily expropriated property in Mallorca
The Government has set aside 1.8 million euros to pay for the first 56 empty homes it wants to expropriate.
Majorca tourism
Viewpoint: Homes left empty
The government needs to take its compulsory purchase orders further.
Humphrey Carter06/07/2021 10:42