Palma, Mallorca
Property sales were down for most of 2020.
Balearics sale of homes down 17% in November
While ten regions registered increases in sales in November, the Balearics had the greatest fall.
Banks & Investment Funds selling off property in Mallorca
Critics are demanding to know why none of the properties bought by the Government have been made available for rent.
Apartments in Mallorca
The cost to rent in Mallorca fluctuated in 2020.
Cost to rent in the Balearics fell almost eight per cent in 2020
The Balearics had the fourth highest average price in the country.
Second-hand Balearic property most expensive in the country
In December 2020, a total of 37 provinces recorded increases in second-hand home prices compared to November.
Mallorcan businessman selling up
The Cursach Group is reportedly open to offers for the Megapark in Playa de Palma.
Calvia rents go into nose dive
Rental property prices in Palma fell by 2.9% in October.
Property in Mallorca
There has been an increase in sales of stand-alone properties.
Over 25% of third-quarter Balearics home buyers were foreign
For the whole of Spain, the British remain the largest foreign home-buying market.
Government's public housing plan for Mallorca
Under the new Housing Law, newly built VPOs will always be publicly owned and cannot be sold on the open market.
Property
Majorca property prices highest in Spain
The cheapest place in Spain to buy property is Extremadura where the average price of property in the most expensive street is 383,100.
Property
Iconic Hostal Corona for sale
The 14 bedroom property has high ceilings, a stunning terrace and is chock full of original features.
Property
Home mortgages down 42% year-on-year
The Balearic Islands registered 726 home mortgages in May, a drop of 42% year-on-year.
Property
Property prices and rents forecast to drop
House prices in the Balearic Islands were more expensive than the rest of Spain last year.
Rents will rise in the Balearics as a result of runaway inflation.
Rents will rise in the Balearics as a result of runaway inflation.
Property
New Housing Decree To Curb Homelessness
New property laws force banks to offer homeowners state housing if they're evicted for not paying their mortgage.
- What a carry on! European Union abandons full launch of new travel entry system for Britons in favour of "phased rollout"
- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh hope for Golden Visa in Spain
- Living in Palma Airport - Safe and warm
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
Comment
Holiday home nightmare
"Travel restrictions are proving to be a nightmare for holiday home owners.."
Humphrey Carter07/01/2021 12:00