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Home sharing takes off in Mallorca as the cheap alternative to owning a property
"A cheaper way of property ownership..."
Jason Moore30/09/2022 07:50 15% fall in Balearics sale of homes forecast for 2023
The average price of homes forecast to remain the same.
Tax cut being considered for purchase of "average-priced" homes
And a further increase in the tax on luxury properties is also being looked at.
Price of used homes in Mallorca continues to rise
The market is expected to slow in the second half of 2022.
Balearics have the highest percentage of rented homes in Spain
Getting on for 40% of homes were bought by foreigners in 2021.
Property purchases by millionaires boosts Government's revenues
2021 ends with 340 million more than in 2020 thanks to the tax levied on the purchase of homes.
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