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Political pressure continuing for limits to non-resident home buying in Mallorca
"The housing market in the Balearics no longer obeys the interests of the citizens who reside here."
Andrew Ede11/03/2023 15:47 Balearic house prices up 20% year-on-year - property website report
Fotocasa says that it has "never detected such a large price increase in such a short period of time".
Balearics architects criticise the lack of new social housing
At the same time, there is a growing trend to the building of ever larger and more expensive houses.
"Watered down version" of foreign property ban to be presented to Balearic parliament
"Hot potato" effectively knocked into touch.
Foreign home buying in the Balearics hits record level
There was a fourth quarter revival in foreign buying.
Spanish government pours cold water on Balearic non-resident home-buying restrictions
The Spanish government cites freedom of movement of capital within the EU.