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 are still snapping up properties in the Balearics.
Britons are still snapping up properties in the Balearics.
British millionaires forecast to flood to Mallorca
Britain’s decision to scrap its “non-dom” status - which lets wealthy, often foreign residents avoid tax on overseas income - had also had a “small effect.”
Palma City Council to buy abandoned Gesa building
Palma City Council may not have the money.
“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.”
62% of home buyers in the Balearics are foreigners
British buyers continued to make up the largest proportion of overseas property spending in the country in 2022.
The majority of the investment was spent on ports and airports.
The majority of the investment was spent on ports and airports.
“Foreign investors and companies are buying big slice of the tourist industry...”
“Foreign investors and companies are buying big slice of the tourist industry...”
Tourism
Majorcan hotel chains defy Trump
Majorcan Hotel chains are expanding in Cuba despite orders from the US State Department and President Donald Trump not to invest in the Caribbean Island.
Balearic investment
Balearic investment slammed as a “punishment"
The investment budget since the Partido Popular took over in 2011 has, on average, been 118 million, while under PSOE it had been 427 million.
- 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
- Noel Gallagher sold his Ibiza home because of his neighbour - James Blunt
Majorca tourism
Viewpoint: Winds of change
“Foreign investors and companies are buying big slice of the tourist industry...”
Jason Moore19/08/2021 10:17