MY HOUSE MALLORCA

The real estate market continues its positive development at a consistently high level and is expected to continue in the coming years. The share of foreign buyers, which currently stands at just over 45%, has almost doubled since 2009. Population growth in the Balearic Islands also reflects the attractiveness of the islands. According to Statistics Spain, the population of Mallorca has grown strongly from 2018 to 2022, more than in any other region of Spain, with a total increase of 1.8% and stands at 947.804 people in 2021. This is mainly due to the inflow from EU countries. The total population increased by 43% between 2000 and 2022 and continues to grow, which is driving the demand for real estate in general. The population by 2030 is expected to grow by 300.000 people (30%). According to the Balearic government and expert reports, Mallorca is short of 19,000 apartments as of 2022... An investment in Mallorca, whether it is a hotel, commercial or building project, is a safe..