Home sharing takes off in Mallorca as the cheap alternative to owning a property
"A cheaper way of property ownership..."
Costas ordered demolition of terrace at Mike Ashley's cave in 2001
An explanation as to why the demolition order was never carried out has yet to be given.
![British demand for property in Mallorca remains strong.](https://uh.gsstatic.es/images/placeholder-preview.webp)
British demand for property in Mallorca remains strong.
British demand for property in Mallorca remains strong.
Foreign demand only a part of Mallorca's housing problems
The main reason for a lack of affordable housing is that "it is impossible" to build it at the required prices.
![At an estate agents window in Menorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
At an estate agents window in Menorca
Inflation a key factor in causing a slowdown.
15% fall in Balearics sale of homes forecast for 2023
The average price of homes forecast to remain the same.
Sale of homes in the Balearics bucks the national trend
In Spain, there is a general slowdown in the property market.
![Property in Llucmajor, Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Property in Llucmajor, Mallorca
Property in Llucmajor.
Fall in property capital gains in a majority of Mallorca's municipalities
Lower than in 2019 and in 2021 and only slightly up on 2020.
![Luxury property in Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Luxury property in Mallorca
Mallorca offers a refuge for eastern European buyers.
Eastern Europe's rich seeking "refuge" properties in the Balearics
Eastern European countries haven't featured among the main foreign property buying markets.
![Homes in Mallorca, the most expensive in Spain](https://uh.gsstatic.es/images/placeholder-preview.webp)
Homes in Mallorca, the most expensive in Spain
The Balearics, more expensive than Madrid.
Balearics - highest price of homes but one of the lowest average salaries
In the Balearics, it would take almost three years longer to pay for an average-priced home than in the second and third most expensive regions.
![Property in the Tramuntana Mountains, Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Property in the Tramuntana Mountains, Mallorca
Property in the Tramuntana Mountains
Increased American interest in Mallorca property buying
Attributed to the United Airlines service from New York-Newark.
![Palma, Mallorca](https://uh.gsstatic.es/images/placeholder-preview.webp)
Palma, Mallorca
Palma, a value just short of 23,000 million euros.
Putting a value on the Balearics - almost 80,000 million euros
"The cadastral value is, in general, below the real value."
Yours for 35 million: a Mallorca luxury villa
The property includes its own private cave.
Montuïri is top Balearic town for foreign house hunters
Small towns not far from the coast are becoming more popular.
Warren Buffett looking to expand in Mallorca
Buffett has a net worth of over $103 billion.
- 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"