16,000 new affordable homes needed in the Balearics
The trouble is that "there aren't any".
Balearic property prices are at near record highs.
Balearic property prices are at near record highs.
Three luxury homes in the Balearics among the ten most expensive in Spain
17th century manor house in Valldemossa going for 23 million euros.
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.
Balearic Islands leads the rise in housing prices
The increase this year is 9.3% and in the fourth quarter has registered an increase of 12%.
Fifty per cent increase in Balearic house prices over five years
The increase in the Balearics is the highest in the country.
For what it costs to buy a home in the Balearics you could buy three in Murcia
The price per square metre in June was at an all-time high.
Mallorca's housing crisis "will only be solved when no one wants to come as a tourist or come and live here"
The latest estimate is that property prices in the Balearics will rise 8% by the end of the year.
Leaving for the mainland: The Mallorca residents who can no longer afford the island
Removals firms point to an exodus of people from Mallorca. They are leaving because of the price of housing.
The Mallorca municipality where house prices have increased the most
According to Fotocasa, the price of pre-owned homes in the Balearics has risen 16.7% over the past year.