Balearic Islands

In welcome news, the regional government of the Balearic, which includes the islands of Ibiza, Mallorca, Menorca and Formentera, has announced significant changes to its wealth tax.

Regional election results sees foreign buyer restrictions put on the backburner.

Mallorca’s property market is in top gear, welcoming over 200,000 cyclists each year with many looking to rent or buy property in Spain.