Palma is the Spanish city where real estate investment is most productive, with a price growth of 16 percent in the last quarter of 2017 compared to the same period of 2016. A recent study compares the evolution of prices in Barcelona, Madrid, Palma, Malaga and Valencia and notes that Palma is taking over from […]Continue reading

The Council of Ministers recently approved the Real Estate Credit Bill which aims to reduce the costs associated with changes in mortgage contracts and strengthen transparency in property purchase processes. The proposed regulation lowers the commissions for early cancellation of variable rate loans until they are eliminated after five years of the contract’s validity. The […]Continue reading

The news related to the tourist rental in the Balearic Islands doesn’t stop happening, in the last days the most repeated word in this regard has been “zoning”. Recently, the “Consell de Mallorca” has announced the implementation of this zoning action that will limit to 60 days a year the tourist rental in plurifamiliares and […]Continue reading

The year 2017 stands out for two fundamental facts: the acceleration of demand and housing prices throughout the country. The growth in the number of sales is revealed through four premises: The closing of buying and selling operations during the first half of the year, becoming the highest figure since 2008. In the last quarter […]Continue reading

If you intend to purchase a property in Majorca from a foreign country like England or Germany, you should consider that both the jurisdiction and the processes to be carried out and the roles of professionals involved in it are different. Buying a property in a foreign country can be a complicated affair and fraught with […]Continue reading