Illes Balears province · report
Foreign buyers in Illes Balears province
Buyers living abroad bought 22.4% of the homes sold here in the four quarters to Q2 2026.
- Bought by buyers abroad, 12 months
- 22.4%
Homes bought by buyers living abroad in Illes Balears province
Share of dwellings sold to buyers not resident in Spain, by quarter, from notarial deeds (MIVAU). Foreigners living in Spain count as residents.
Show the numbers
| Period | Illes Balears province |
|---|---|
| Q2 2026 | 22.7% |
| Q1 2026 | 20.9% |
| Q4 2025 | 21.4% |
| Q3 2025 | 24.6% |
| Q2 2025 | 24.2% |
| Q1 2025 | 22.1% |
| Q4 2024 | 25.6% |
| Q3 2024 | 28.2% |
| Q2 2024 | 26.2% |
| Q1 2024 | 24.1% |
| Q4 2023 | 25.0% |
| Q3 2023 | 28.3% |
| Q2 2023 | 26.3% |
| Q1 2023 | 22.3% |
| Q4 2022 | 26.6% |
| Q3 2022 | 30.2% |
| Q2 2022 | 28.7% |
| Q1 2022 | 29.0% |
| Q4 2021 | 30.2% |
| Q3 2021 | 32.6% |
| Q2 2021 | 24.4% |
| Q1 2021 | 17.5% |
| Q4 2020 | 19.7% |
| Q3 2020 | 26.8% |
| Q2 2020 | 13.4% |
| Q1 2020 | 19.5% |
| Q4 2019 | 23.8% |
| Q3 2019 | 23.2% |
| Q2 2019 | 20.2% |
| Q1 2019 | 17.8% |
| Q4 2018 | 21.3% |
| Q3 2018 | 23.9% |
| Q2 2018 | 18.9% |
| Q1 2018 | 19.7% |
| Q4 2017 | 24.0% |
| Q3 2017 | 24.8% |
| Q2 2017 | 22.5% |
| Q1 2017 | 20.9% |
| Q4 2016 | 25.6% |
| Q3 2016 | 27.2% |
| Q2 2016 | 25.6% |
| Q1 2016 | 23.9% |
| Q4 2015 | 27.4% |
| Q3 2015 | 30.8% |
| Q2 2015 | 26.6% |
| Q1 2015 | 22.8% |
| Q4 2014 | 27.6% |
| Q3 2014 | 26.1% |
| Q2 2014 | 26.1% |
| Q1 2014 | 23.7% |
| Q4 2013 | 28.6% |
| Q3 2013 | 32.0% |
| Q2 2013 | 25.2% |
| Q1 2013 | 22.9% |
| Q4 2012 | 23.4% |
| Q3 2012 | 25.2% |
| Q2 2012 | 20.0% |
| Q1 2012 | 20.2% |
| Q4 2011 | 20.4% |
| Q3 2011 | 22.1% |
| Q2 2011 | 17.5% |
| Q1 2011 | 18.0% |
| Q4 2010 | 11.6% |
| Q3 2010 | 15.9% |
| Q2 2010 | 10.8% |
| Q1 2010 | 11.0% |
| Q4 2009 | 12.8% |
| Q3 2009 | 14.3% |
| Q2 2009 | 12.7% |
| Q1 2009 | 10.3% |
| Q4 2008 | 11.0% |
| Q3 2008 | 10.0% |
| Q2 2008 | 10.6% |
| Q1 2008 | 10.7% |
| Q4 2007 | 10.5% |
| Q3 2007 | 9.7% |
| Q2 2007 | 9.6% |
| Q1 2007 | 9.1% |
Who lives here
Net migration: the people who moved in, from abroad or the rest of Spain, minus those who left (INE, from 2021).
- Net migration, Illes Balears province, 2024
- +17,118
- 14.0 per 1,000 residents
Residence is not nationality: a foreigner living in Spain buys as a resident, and a Spaniard living abroad as a non-resident. MIVAU publishes counts by province, not prices, so the report describes how many homes buyers abroad take, not what they pay.
Other reports for Illes Balears province
At the average appraised value, a 90 m² home costs €358,272. With 10% down and a 30-year mortgage, the payment is €1,366 a month. Spain sets no cap on the payment; lenders must assess each borrower's solvency.
- Payment, two incomes
- 37%
- Payment, one income
- 74%
31.3% more homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 4,086
- Per 1,000 residents
- 3.3
Appraised values have fallen by 3% or more once since 1995. That fall began in Q2 2008.
- Deepest fall
- −25.8%
- Recovery from the low
- 102 months
In 2024 the population grew by 17,184 while 2,717 homes were finished: 6.3 new residents for every new home.
- New residents per new home, 2024
- 6.3
- Population change, 2024
- +17,184
16.2% of the 652,123 homes counted in the 2021 census stood empty, whether for sale, to let or for other reasons.
- Empty, 2021 census
- 16.2%
- Empty homes
- 105,632
In 2025, 41% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 41%
Public bodies signed €4.6M of housing works here in 2025, and €4.6M since 2017.
- Signed in 2025
- €4.6M
- Per resident, 2025
- €4