Related news
Foreign demand only a part of Mallorca's housing problems
The main reason for a lack of affordable housing is that "it is impossible" to build it at the required prices.
Andrew Ede19/09/2022 07:49 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.
Foreign home buying two-year requirement voted down
The Thursday plenary session of the Council of Mallorca rejected the proposal.
Thirty per cent of Balearics home buying is by foreigners
Teleworking has been a factor in increasing demand among foreign buyers.
Expropriation of apartments could result in lower rents
The Balearic government will expropriate 56 apartments belonging to banks and real-estate firms.
- What a carry on! European Union abandons full launch of new travel entry system for Britons in favour of "phased rollout"
- Uncertainty surrounds EU Entry/Exit System implementation
- Fresh hope for Golden Visa in Spain
- Living in Palma Airport - Safe and warm
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”