property market mallorca

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 ...