According to the Fotocasa property website, the price of rented housing in the Balearics fell by 13.4% by the end of the first quarter of 2021. This year-on-year fall was almost ten percentage points greater than the national average - down 3.6%. Compared with March 2020, there were notable decreases in Calvia (a 13.7% drop) and Playa de Palma (13%).
Price of rented housing in the Balearics down 13%
Well above the national average
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