Liz Rowlinson

The Spanish islands worth investing in – from Mallorca to Ibiza

  • From Spectator Life
Image: Charles Marlow

Another summer starts, and so another series of the irrepressible reality show, Love Island. Attention is focused on a rustic six-bedroom Mallorcan farmhouse being blinged up with ‘bright colours and neon signs’ for this year’s fame-hungry contestants. Its exact location is a closely guarded secret. An appetite for privacy and rural isolation on the Balearic Island has been strong trend since the pandemic started, with property hunters decamping from cities or the Spanish mainland.

Whilst Spanish home sales in the first quarter of 2022 were the highest since the boom year of 2007, according to the Spanish Association of Notaries, the property markets of the Spanish islands have been outperforming those of the Costas: the number of sales were up 45 per cent in the Canaries and 21 per cent in the Balearics, year on year. According to Rightmove Overseas, three of the top ten most searched-for overseas locations in March 2022 were Tenerife, Mallorca and Lanzarote.

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