Is this the end of the British dream of a holiday home in Spain?
Opposition parties slam the proposed tax
Prime Minister Pedro Sánchez has sparked a massive dispute.
Prime Minister Pedro Sánchez has sparked a massive dispute.
Foreign property deals account for 32.5% in the Balearics
Nationally, the British are in the lead, with 8.52% of the total; followed by Germans (6.43%), Moroccans (5.46%), Poles (5.32%) and Italians (5.25%).
Balearics is home to one out of every four 1 million euros properties in Spain
More than 20 % of the luxury homes for sale throughout Spain are offered for more than three million euros, which is equivalent to 9,800 units. Of these, 35% are offered in the Balearics, especially in Mallorca and Ibiza.
Mallorca is home to the seventh most expensive property in Spain
if you compare Mallorca prices with those on the mainland the result is staggering.
One out of every three homes in the Balearics is empty
British second home owners hit by the 90 day rule.
A general view of Son Vida.
A general view of Son Vida.
No shortage of luxury properties in Mallorca.
No shortage of luxury properties in Mallorca.
“Luxury house hunting” is the new tourist pastime in Mallorca
Spanish love looking round luxury houses, even if they can't afford them.
British government boost for Mallorca real estate
The Balearics will prove a very attrcactive destination.
Roger Ver is understood to be house hunting in Mallorca.
Roger Ver is understood to be house hunting in Mallorca.
How about living next door to Michael Douglas and Catherine Zeta-Jones in Mallorca?
"Can Calo offers the best sunset location in the heart of the Serra de Tramuntana".
Palma is proving extremely popular with foreign property investors.
Palma is proving extremely popular with foreign property investors.
The rural real estate market is booming.
The rural real estate market is booming.
Foreign buyers are falling in love with rural Mallorca
The new Balearic government scrapped inheritance tax in the Balearics earlier this year.
Prices has gone sky high on the island of Formentera.
Prices has gone sky high on the island of Formentera.
The most expensive properties in Spain are in the Balearics
Palma prices showed a "contained rebound".
The highs and lows of property in Mallorca
Owning a home in Mallorca has to be one of the best investments ever, especially if you bought in 25 years ago
- Ryanair grounds 12 Spain routes over excessive airport taxes
- End of the Golden Visa....but there is a new way to live in Spain with few problems
- Nautical exodus from Mallorca
- The EU threatens the future of Mallorca beach bars
- Non-resident Britons and Americans buying a property in Spain face massive tax bill, PM announces
Comment
Tourism Protests: Separating fact from fiction
Firstly, I have no problem with people’s right to protest, we live in a democracy and that is fine. Where I do have a problem is they and the press are saying that they speak for the whole island.
Richie Prior06/08/2024 13:03