Market study holiday real estate Balearic Islands 2018 – Bargains on Menorca, large selection on Mallorca and pure luxury on Ibiza
70% of the properties on offer are in Mallorca, Ibiza consists of 80% luxury offers and Menorca offers low entry prices.
Holiday properties in Mallorca, Ibiza and Menorca are very popular with foreign investors. More than one in three buyers does not live in Spain, and property transactions in the Balearic Islands have more than doubled in the last five years.
In the first quarter of 2018, the STI Center for Real Estate Studies (CRES) was commissioned by Porta Mondial, a real estate agency specialised in holiday properties, to determine the holiday property market in the Balearic Islands by analysing over 6,500 online property offers from the largest brokers on the islands. The result is a representative image of the current market offer with a neutral price comparison list.
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