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Balearics is home to one out of every four 1 million euros properties in Spain
More than 20 % of the luxury homes for sale throughout Spain are offered for more than three million euros, which is equivalent to 9,800 units. Of these, 35% are offered in the Balearics, especially in Mallorca and Ibiza.
Another 'human pressure' record in Mallorca
The combination of permanent and temporary populations.
Spain plans to legalise 900,000 illegal immigrants in three years
Spain has to opt between being an open, prosperous country or being a closed and poor one,
The end of the Golden Visa for Mallorca
It was seen as a way of attracting badly needed foreign investment in the wake of the eurozone crisis, which hit Spain’s property sector particularly hard.
Britons lead foreign property market in Spain
Almost 15% of property purchases were closed by foreigners.
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