Balearics - highest tax for luxury homes in the country
Proposals for property transfer tax reform are to be debated in parliament this week.
Co-ownership - a way to buy a luxury property in the Balearics
There has been recent controversy in Mallorca because of an advert which specified German buyers only.
Tax cut being considered for purchase of "average-priced" homes
And a further increase in the tax on luxury properties is also being looked at.
An estate agent's window in Mallorca
Around a third of all properties purchased in Mallorca are bought by foreigners.
Foreign home buying two-year requirement voted down
The Thursday plenary session of the Council of Mallorca rejected the proposal.
Luxury property on the Palmeras estate in Llucmajor, Mallorca
Llucmajor, which is where this property is located, is fifth on the list of top ten municipalities.
Calvia and Palma - German favourites for buying property
Mallorca is the German property buyer's preferred location.
Price of used homes in Mallorca continues to rise
The market is expected to slow in the second half of 2022.
1,200 new affordable homes for Palma
Prices will range between 150,000 and 200,000 euros.
Balearics have the highest percentage of rented homes in Spain
Getting on for 40% of homes were bought by foreigners in 2021.
"Crazy" holiday villa prices, while seasonal workers can't afford accommodation
Very different property markets, but an indication of the great contrasts.
Construction of homes in Mallorca
VPO homes are controlled by the Balearic government.
Government to increase the price of VPO affordable housing
Land is designated for VPO building, but the current sales price is not sufficient enough incentive for developers and builders.
The Son Puig estate in Mallorca is for sale
An advert on one property website.
Yours ... for 23 million euros
The Son Puig estate dates from the seventeenth century.
Cala Ratjada is the place where most foreigners would like to live
"33 percent increase in sales..."
Home sale increase by a record 33 percent in April
There could be a slight cooling off of the market, say experts
Two years residency in the Balearics before being able to buy a home
Podemos are proposing a series of measures to address housing problems in the Balearics.
Grupo aFinance, a leader in financial and property services, opens in the Balearics
There is now a branch on the islands, located on C. Unió in Palma. The four headquarter divisions offer clients premium apartments and commercial units and look for the best credit arrangements
Balearic property prices rocket by 12 percent
"Price of new-build properties rises by 12 percent..."
- 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"