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Mallorca's housing crisis "will only be solved when no one wants to come as a tourist or come and live here"
The latest estimate is that property prices in the Balearics will rise 8% by the end of the year.
The Mallorca municipality where house prices have increased the most
According to Fotocasa, the price of second-hand homes in the Balearics has risen 16.7% over the past year.
For what it costs to buy a home in the Balearics you could buy three in Murcia
The price per square metre in June was at an all-time high.
- Britons cash in on the outgoing Golden Visa in Spain to beat the 90 day rule
- After a holiday in Mallorca Richard Gere moves to Spain
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
- Russian-owned Black Pearl in Mallorca
- The 90 day rule does have some positive results in Spain!