CONTENT

The KENSINGTON research team provides you here with the report on the development of the Balearic Islands’ property market in 2019/2020. This report is intended to help you better assess the current and future market situation in this Mediterranean destination, which is particularly popular for first and second homes.

Our analyses are based on two pillars: firstly, empirical data collected by Spanish authorities, statistical offices, valuation companies and real estate portals have been taken into account. Secondly, we have drawn on the expertise of the KENSINGTON franchisees in the archipelago, in particular to provide a qualified and up-to-date assessment of developments in the Balearic Islands‘ micro and sub-markets.

As a first step, we place the situation of the Balearic holiday property market in the context of current economic, political and tourism developments. We then examine a total of ten sub-markets - in addition to Ibiza/Formentera and Menorca, there are eight areas on Mallorca, the largest Balearic island.