The Balearic Islands are off to a strong economic start in 2025, powered by a growing construction sector and supported by record-breaking tourism and employment figures. According to the May edition of the Momento Económico report from the Regional Government’s Directorate General for Economy and Statistics, residential development is boomin—particularly in the Pitiusas and Menorca—reinvigorating an already […]

Mallorca’s luxury property market is expected to remain strong through 2025 and 2026, providing compelling opportunities for both private buyers and investors. Here’s a summary of key trends and developments to watch: Market OverviewThe luxury real estate segment in Mallorca continues to show resilience, with property prices projected to rise by 7–10% in prime locations

The latest figures from Spain’s notaries offer a revealing snapshot of where foreign buyers were purchasing property in 2024, broken down by nationality and region. Two maps help visualise the story, each showing the top two foreign nationalities buying in each Spanish region—one for non-residents (on the left) and one for resident foreigners (on the

A recent report from the Tax Foundation highlights how Spain’s tax system is becoming increasingly uncompetitive, particularly for property owners. With one of the highest property tax burdens in the OECD, Spain is driving away investment and stifling economic growth. Spain’s tax burden: a barrier to growth In a blog article commenting on the Tax

A recent report from the Tax Foundation highlights how Spain’s tax system is becoming increasingly uncompetitive, particularly for property owners. With one of the highest property tax burdens in the OECD, Spain is driving away investment and stifling economic growth. Spain’s tax burden: a barrier to growth In a blog article commenting on the Tax

The Balearic rental market continues to grow, with high demand in key areas such as Santa Eulària des Riu and Ibiza. Explore the latest trends and the impact of sustainable development. The Balearic Islands continue to attract residents and visitors alike, driving a dynamic and flourishing rental market. With stunning landscapes, a vibrant cultural scene,

The 39th Goyas, Spain’s ‘Oscars’, were held in Granada last Saturday. With the exception of one year, 2000 in Barcelona, they were always in Madrid until the Academy of Arts and Cinematographic Sciences broke with tradition in 2019 and started to hold the awards in other cities. The 33rd Goyas, which applied to the year

From May 26 until September 27, United Airlines will resume its Newark Liberty International Airport–Palma route. As a result, the timetable will be a little bit longer than it was in 2022, when the route was originally opened, when flights began in the first week of June and concluded in the middle of September. Instead

Interior design trends seem to be taking a more eco-friendly approach as people are moving towards warm tones and natural elements. Decor elements made either from real or faux natural materials are in high demand, as they add a natural and authentic look to your space. The latest trends incorporate natural wood everywhere, from flooring, to

2021 was close to a record year for the property market in Mallorca, despite supply constraints that prevented the market from reaching its full potential. Market turnover rose 81% to 6.6 billion euros on the back of an increase in house prices, and a surge in foreign demand that took the market share of international