Palma has the most expensive luxury flats in Spain
Balearics has some of the most expensive villas in the country.

Product shipping to Mallorca
Regardless of cost, order levels are high.
Mallorca restaurant prices may have to rise by eight per cent
This is due to the increased cost of products from the mainland.
Balearics could lose the battle of beer prices
The Balearics authorities will certainly want to avoid a beer price war.
Balearic cost of living spikes, fresh food up by 16%
Booze and fas have risen by over 10%.
Mallorca supermarkets did not reduce prices despite cut in VAT
Some supermarkets put prices up; by as much as 41% at one supermarket.
Mallorca car hire prices go through the roof
The cost of renting a car for a week has risen from 134 to 310 pounds in the Balearics.

Book now to avoid further prices hikes.
Book now to avoid further prices hikes.
Britons advised to book Balearics now to avoid price hikes
Flights for Easter are on average 51% more expensive than last year.
Mallorca car-hire price increases "are here to stay"
Firms have been ordering new cars earlier than in previous years.
Palma property prices barely rose in 2022
The implication is that prices are hitting something of a ceiling.
No tourism price war for the Balearics
"The strategy of the Balearic tourism sector has not been to compete on prices with Turkey or Egypt."
Bookings for restaurant Christmas dinners shoot up
More restaurants are staying open for Christmas Eve than used to be the case.

Supermarket in Ibiza
The price of eggs is up almost 40%.
Supermarket shop in Mallorca 70% more expensive than a year ago
The consumers association questions why prices are continuing to rise.
Increase in house prices in Mallorca forecast to be lower next year than in 2022
While prices are falling in some regions, the Balearics isn't one of them.
"The main economy in the Balearics has become the real-estate business"
"People here won't be able to compete unless regulation is put in place for foreign buyers."

Cost of living in the Balearics continues to rise.
Cost of living in the Balearics continues to rise.
- Spain at boiling point over eggs!
- Now there's a proposal for a fifteen-year residency requirement to buy a home in the Balearics
- Ryanair launches subscription that waives fees for reserved seats and insurance
- A Good Friday. Britain's biggest cruise ship heads for Palma for Easter
- The Mallorcan town with the longest name: it contains 21 letters and has a population of 9,227
Comment
Mallorca’s golden goose
Price is very much going to a deciding factor and Mallorca may find it is overpriced.
Humphrey Carter15/12/2022 15:01