property market mallorca

Property market continues to be led by the Balearics

There are all sorts of reports into property values, and one of these is provided by ST Sociedad de Tasación, a company which specialises in property valuation. According to its report for the six months from January to June, the price of housing in the Balearics went up by 2.8%, the highest increase in the country. Based on the price per square metre – the national average having been 1,447 euros – the increase in Spain as a whole was one per cent. The four regions where prices went up the most – the Balearics, Catalonia, Madrid and Valencia – accounted for 49% of all sales transactions over the six-month period. The percentage price increases in those regions were near to that of the Balearics in two instances – 2.7% and 2.6% in Madrid and Catalonia. In the ...

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