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Foreign buyers are falling in love with rural Mallorca
The new Balearic government scrapped inheritance tax in the Balearics earlier this year.
Humphrey Carter08/04/2024 11:19 Mallorca luxury at Côte d'Azur prices
The price for renting a luxury property can be as high as 15,000 euros a night.
The most expensive properties in Spain are in the Balearics
Palma prices showed a "contained rebound".
Mallorca builders - At least 3,000 more new homes needed each year
And what is being built is not affordable housing.
Hans Lenz: Mallorca needs more affordable housing for residents
“It is reckless and a risk for consumers that there is no prior requirement, no minimum training and no control over an activity that deals with something as sensitive as renting or buying a home.”
“Mallorca is a five-star plus global destination to invest in real estate, it’s hard to beat...”
“If you want to have a place in the south, in the Mediterranean, to have this infrastructure, Mallorca is second to none.”