Panic in Majorca as expats snub island in holiday home crisis

Panic in Majorca as expats snub island in holiday home crisis

Daily Express - World·2025-05-13 11:02

The increasing price of housing on Spanish islands beloved by British tourists and expats may be impacting luxury property sales - and triggering a drop in foreigners buying flats and homes. The first quarter of the year saw foreign purchases drop to 30%, representing the lowest share of total sales since the Covid-19 pandemic, according to statistics from Spain's Association of Registrars, as reported by Majorca Daily.

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