More complications for Britons wishing to move to 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.
Humphrey Carter27/12/2024 10:14 Mallorca home to nearly one million people
The population of Calvià has reached 53,826 inhabitants on 1 January 2024.
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.
Buying a 500,000 euro house in Spain, the solution to paperwork nightmare for Britons and 90 day rule
Spain looks to abolish Golden Visa in the New Year
Britons cash in on the outgoing Golden Visa in Spain to beat the 90 day rule
Thousands of Britons have taken out the Golden Visa.
Eliminating the Golden Visa will have minimal impact on Mallorca's property market
One of the real estate associations describes the elimination as harmless.
End of the Spanish ‘Golden Visa’ sparks fresh calls for a ban on second homes
The Canadian government has banned foreign investors from buying homes in the country until 2027.
Palma, one of the cities where the suspension of the 'golden visa' will be most noticeable
The Balearic capital is one of the most attractive for Russian and Chinese buyers.
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