Foreigners go crazy for property in Mallorca

Foreigners go crazy for property in Mallorca


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According to data from Spanish notaries, the number of foreigners buying and property in the Balearic Islands has soared to 81.5%, the highest increase in Spain.

11% of all buyers were British and prices have soared in various regions of the Balearics with annual increases as high as 15%, especially in the South West coastal areas of Calvia and Andratx.

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