It's peak tourist season in Mallorca, and alongside the usual holidaymakers flying in to enjoy the sun, sea, culture and Richard Branson's new Son Bunyola hotel, more people are looking for properties.
Prices are also rising.
All 50 Spanish provinces have at least one property for more than €1 million listed on idealista, but their distribution is not even. The provinces of Malaga, the Balearic Islands, Madrid and Barcelona have 70% of all available properties above that amount.
The prime housing market is moving at a different pace to the rest of the residential market, no matter the destination. The real estate consultancy Savills says that more than 70% of luxury property purchases in London were made in cash between January and May this year.
Picture this: you've found the house of your dreams and you're about to take out a mortgage. Do you know how much money the bank will lend you and how much in savings you need to take out a mortgage?
Uncertainty, inflation, and rising mortgage rates are taking their toll on the UK residential market. And in the capital, London, it is already causing house prices to fall.
No one can promise you the moon, but they might be able to buy you a plot on it. This is not Moon States' slogan, but it could be because this American company, headed by Dennis M. Hope, sells plots on the moon for €34.00 per 0.4 hectares.
Incredible as it may seem to some, some people like and want to live in extreme environments. Deserts are probably the most extreme environments in this category.
Savills Sardinia is selling a wonderful villa with a swimming pool in Porto Rotondo, Punta Volpe resort. The property, originally purchased by actress Claudia Cardinale and designed by architect Gianni Gamondi, overlooks the Gulf of Punta Lada with breathtaking bay views.
It's August, you're looking for a flat or maybe you want to put your property up for sale. Many will tell you, "It's a bad month to close a deal". Many buyers and sellers have had this idea instilled, but it couldn't be further from the truth.
Seville is gaining prominence in the residential sector. Leading new-build developers in Seville currently have more than 8,600 homes available in the capital and growing neighbouring areas, such as Dos Hermanas and Aljarafe.
Possibly the most expensive property for sale in Spain can be found on Marbella's beachfront, just a few minutes from the Marbella Beach Club and Trocadero Beach.
The Brazilian architect and 3D visual designer Felipe Campolina displayed his proposal for the Micro Housing 2022 contest, driven by Impact Design Competitions.
The Strand is a stretch of coastline located in California. It is a 35-km boardwalk that runs along the beaches of certain coastal cities, such as Hermosa Beach, Manhattan Beach and Redondo Beach.
Planning to invest in a holiday home? Spain could be the ideal location for you. With its sunny climate, beautiful beaches, and rich culture, it's no wonder Spain is a popular choice for holiday home buyers.
A unique product has just come onto the market in Mallorca. It is the Tahoe Tennis Club, a tennis academy on the island, which since the 1970s has brought together national sports figures such as Rafa Nadal, Juan Carlos Ferrero and 'Beto' Martín in its junior tournament.
The sale of luxury homes, those worth more than €2 million, grew by 55% in Spain in 2022 compared to the previous year, reaching more than 8,000 homes sold, while in the first six months of 2023, there were 5,500 sales, according to data from the real estate network The Simple Rent.
The real estate
The agency Engel & Völkers, a luxury property specialist, is selling a real estate treasure in the centre of Seville. It is a 17th-century palace house in the heart of the Santa Cruz neighbourhood, with views of the Giralda in perfect condition.
The price of luxury housing varies from one city to another. This is proven by a new edition of Knight Frank's 'Prime International Residential Index', which analyses how many prime square metres can be bought with $1 million in a study of 20 cities.
This luxury property is in the emblematic building at General Oráa 9, in the Castellana area of Madrid's Salamanca district. It is a 940 m2, five-bedroom duplex penthouse on the sixth floor of the Palacio del Conde de Cedillo, built in 1923 and where the writer Ramón María del Valle-Inclán lived.
This map provides an interesting insight into the housing type that most Europeans live in. The study includes three housing types: flat, detached house and semi-detached or terraced house, according to Eurostat data.
Most Europeans live in a flat or a detached house.