Buying Guide Details

Buying Property in the Balearic Islands (Islas Baleares)

Overview

The Balearic Islands have been very popular with overseas property buyers since the early days of the package holiday in the 1960s. Having had a taste of the terrific climate, stunning beaches and spectacular scenery that these two island groups have to offer, holidaymakers became property owners with their own summer getaway or retirement property in the Balearic Islands (Islas Baleares).

There is great diversity within Spain’s islands – brash resorts, tranquil rural idylls, exclusive homes in the mountains, beach hideaways on secluded coasts. Some of the islands are easily reached direct from the UK; others are harder to get to, requiring connecting flights or ferry services.

Where to buy property in the Balearic Islands (Islas Baleares)

Property for sale in the Balearic Islands (Islas Baleares), off the east coast of the Spanish mainland, is relatively expensive in Spanish terms. The islands of Mallorca (Majorca), Ibiza and Menorca (Minorca) in particular have a large number of high-quality properties, with prices to match, but there are more affordable properties there too.

Ibiza and Mallorca both attract a diverse mix of well-to-do and full-on partying holidaymakers – the excellent climate and beaches and some world-renowned nightclubs combined with stunning landscapes and natural beauty provide an environment to holiday, and live, to a wide audience. There are rental opportunities for property owners in the busy resorts but the quiet areas outside them are largely untouched by the tourist industry and retain an idyllic tranquillity.

Menorca (Minorca) attracts older property buyers who enjoy its quiet pace of life. The British have a love affair with the island and a large number of properties in Menorca (Minorca) are sold to property buyers from the UK. Formentera, the smallest island in the group, is quieter still, totally uncommercialised and only accessible by boat from Ibiza – a real island getaway!

There's also a range of articles for you to read about buying property in Spain:

as well as overseas news stories affecting the property market in Spain or view our range of property for sale in the Balearic Islands.