Foreign property deals account for 32.5% in the Balearics
Nationally, the British are in the lead, with 8.52% of the total; followed by Germans (6.43%), Moroccans (5.46%), Poles (5.32%) and Italians (5.25%).
Humphrey Carter30/12/2024 15:07 Balearics among the OECD regions with the highest housing costs
Over the last ten years, house prices in the OECD have risen much more in large cities.
Check out the most sought-after luxury home in the Balearics
The spectacular estate, which dates back to the 19th century and was completely restored in 2006, is located in the picturesque municipality of Lloret de Vistalegre.
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.
Britons told to “reconsider” Mallorca
Fodor’s other destinations of concern are Bali, Indonesia, Koh Samui, Thailand, Agrigento, Sicily, Italy, British Virgin Islands, Kerala, India, Kyoto and Tokyo, Japan,Oaxaca, Mexico, Scotland North Coast 500 and Mount Everest.
Britons lead foreign property market in Spain
Almost 15% of property purchases were closed by foreigners.
- Start applying for UK entry visa from tomorrow
- Electricity bills power ahead in Spain as goverment slaps heavy tax on bills
- The British government understands the 90-day rule frustration
- Surge in demand for Spanish Golden visas as U.S. citizens seek new life away from Trump
- British drive increase in holiday bookings