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.
Palma City Council wants temporarily expropriated apartments
“We are in a situation where access to housing is unsustainable for the vast majority of families, so any mechanisms that improvement the situation are good news..”
Property in the Mallorca countryside
Complications for UK part-year residents of Mallorca.
Balearics house prices in February higher than other regions
A 0.7% increase in February was the highest in the country.
Holiday rental property in Mallorca
Holiday rental properties are being offered to the residential market.
Price of rented accommodation falling in the Balearics
A fall in price, but the second most expensive region in the country.
Calls for immediate, urgent changes to Balearic Housing Law
Podemos is determined to make banks and investment funds comply with the law.
Cheap apartments for young people in Mallorca
Palma City Council says it supports the property initiative but insists that the urbanisations be built on urban land.
Brits need Ministry of Defence approval to buy property in Mallorca, says newspaper report
British investors snap up around 200 homes in the Balearic Islands every year.
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