Palma is proving extremely popular with foreign property investors.
Palma is proving extremely popular with foreign property investors.
The average price of a home in the Balearics fell by one per cent in 2023
The percentage of sales to foreign buyers dropped by three points.
Warning of "disproportionate growth" of tourism and prices to rent in the Balearics
The opposition are critical of the Balearic government's tourism and housing policies.
Britons continue to dominate the foreign property market in Balearics and Spain, United States growing fast
In the Balearics, more than 30% of sales and purchases are carried out by foreigners.
30% of home sales in the Balearics in 2023 were to foreigners
General agreement that there is a stabilisation of house prices.
How you can beat the 90 day rule in Spain but you will need a job or plenty of cash
90 day rule has had a direct impact on foreign property owners
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 still number one for foreign home buyers
The foreign percentage of all purchases in the Balearics is higher than any other region of Spain.
Tourism and second homes are "expelling" Mallorca's residents
Land and housing are subject to speculation because of tourism.
Foreign home buying in the Balearics lowest for eight years
A marked slowdown compared with 2022.
Balearics house sales slump but foreign buying remains strong
Prices have continued to rise.
Balearics, a third of Spain's luxury homes
Defined as properties valued at three million euros or more.
Foreign home buying topping the agenda at Real Estate Summit
Affordable housing another key theme.
Brussels hits back at Balearics over plan to curb foreign property ownership
"A curb could only be introduced in the interests of national security..."
Your news update from Mallorca: the big stories of the week
The stories that made the headlines this week in Mallorca
Europe's islands calling for specific EU regulations for housing
The debate about non-resident home buying isn't confined to the Balearics.
Properties for sale in Ibiza
European rulings point to restrictions in the Balearics being most unlikely.
The cases where the European Court rejected property buying restrictions
Previous cases have been in Austria, Denmark and Hungary.
Increase tax rather than ban non-resident home-buying in the Balearics
A suggestion by the BBVA bank; and it could help with affordable housing.