The latest report by BBVA Research on the real estate market in Spain shows that between January and September last year, the Balearic Islands ranked third in terms of property purchases by foreigners. The report says that a 9.8% increase in purchases was a relatively low rate, but it nevertheless had a high impact on the market. More than thirty per cent of homes were bought by foreigners. Only Tenerife and the province of Alicante registered more.
Property
Balearics third for foreign home buying
Also in News
- 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"
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.