Getting tough on the 90 day rule... you could be banned from Spain for three years
You could also be heavily fined.
My top tips to give Mallorca property market a lift
Make it easier for people to rent out their homes.
60 percent of homes sales of 500,000 euros and above were made by foreigners
"In 2023 we saw a return to normality in the island’s real estate market after the extraordinary activity of the previous two years..."
Sam Asghari: Bridging cultures and creating opportunities in Mallorca’s vibrant film scene
Asghari is committed to giving back, particularly by nurturing future film projects, some of which may feature Mallorca as a filming location.
American buyers attracted by Mallorca luxury property bargains
Luxury villas in Mallorca can be half the price of something similar in Florida.
Property in Mallorca
There was a fall in the number of sales to both the foreign and the Spanish markets in 2023.
30% of home sales in the Balearics in 2023 were to foreigners
General agreement that there is a stabilisation of house prices.
House prices in the Balearics fall for the first time in ten years
But the price of housing in the Balearics is still almost twice the national average.
Outrageous! 10,000-euro fine if non-resident Britons spend more than 90 days in Spain
Spain pushes for the law to be changed.
Selling properties in Mallorca that have squatters
Up to 50% of properties being sold by banks and other financial entities have squatters.
French court rejects 90 day amendment in major blow, Spain vows to fight on
"Many British holiday home owners are thinking of selling up..."
Sales of homes fall again in the Balearics
The price of housing is one reason for the fall.
Hans Lenz: Mallorca needs more affordable housing for residents
“It is reckless and a risk for consumers that there is no prior requirement, no minimum training and no control over an activity that deals with something as sensitive as renting or buying a home.”
More homes and higher value sales in Spain, reports British building giant
As at 31 December 2023, the total Taylor Wimpey España order book stood at 490 properties. That figure is a jump from 448 as at 31 December 2022.
Estate agent window in Menorca
Prices aren't expected to fall in 2024.
Price of Mallorca homes 55% higher than five years ago
New medium-priced homes are badly needed, but house building has hit rock bottom.
Balearics is top spot for foreign property sales
Price, weather and quality of life are what the British are looking for.
A property in Mallorca
Affordability is a reason for fewer sales.
Fall in house sales leaves Balearic government short
The slowdown in the property market is for different reasons.
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"