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Balearics, a third of Spain's luxury homes
Defined as properties valued at three million euros or more.
Andrew Ede27/05/2023 06:59 Golden Visa for foreign residents could be doubled or scrapped in Spain
The ‘golden visas’ are being blamed for encouraging “speculation” in housing prices.
Calls to end the golden visa in Spain
45% of the golden visas have been issued to Chinese citizens since 2013.
Europe's islands calling for specific EU regulations for housing
The debate about non-resident home buying isn't confined to the Balearics.
Foreign home buying in the Balearics hits record level
There was a fourth quarter revival in foreign buying.
Balearics - highest tax for luxury homes in the country
Proposals for property transfer tax reform are to be debated in parliament this week.
Prices of luxury properties in Mallorca up almost 30%
The increase in prices partly reflects lower supply.
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