Market report holiday properties Balearic Islands 2015 with neutral price level for Majorca, Ibiza and Menorca
CRES – Center for Real Estate Studies
The Steinbeis Institut Center for Real Estate Studies in Freiburg came to the conclusion that currently there are approx. 6,000 properties for sale on the Balearic Islands. Scientists investigated on behalf of Porta Mondial AG, license partner of Porta Mallorquina Real Estate, the offers of all leading real estate agencies in Majorca, Ibiza and Menorca.
Market volume: Menorca ahead of Ibiza
With approx. 4,000 properties for sale, the largest offer is also on the largest island of the archipelago, in Majorca. It is surprising, however, that with approx. 95,000 inhabitants the least populated island, Menorca, beats the neighbouring island of Ibiza (approx. 135,000 inhabitants) in regards to the market volume. Currently there are about 1,...