Illes Balears province · report
Public housing works in Illes Balears province
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
Public housing works signed in Illes Balears province
Contract awards for housing construction published on TED by Spanish public buyers, by the year published, before VAT. Complete years only; the data runs to October 8, 2026.
Show the numbers
| Year | Value signed |
|---|---|
| 2025 | €4,592,216 |
| 2024 | €0 |
| 2023 | €0 |
| 2022 | €0 |
| 2021 | €0 |
| 2020 | €0 |
| 2019 | €0 |
| 2018 | €0 |
| 2017 | €0 |
Only contracts above the EU thresholds are published on TED, so these are the larger works. A contract is placed in the provinces its place of performance names, split evenly; one that names only Spain counts for Spain alone. The value is the award's total.
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
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%
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%