Illes Balears province · report
Renovation in Illes Balears province
In 2025, 41% of the homes authorised were in existing buildings: conversions, extensions and changes of use.
- Homes in existing buildings, 2025
- 41%
Homes authorised in Illes Balears province: new buildings and existing ones
Dwellings in approved works plans each year: in new buildings, and by extending or refurbishing existing ones. MIVAU, by autonomous community.
- Existing buildings
- New buildings
Show the numbers
| Year | New buildings | Existing buildings | Total |
|---|---|---|---|
| 2025 | 3,582 | 2,492 | 6,074 |
| 2024 | 3,295 | 2,109 | 5,404 |
| 2023 | 3,627 | 2,029 | 5,656 |
| 2022 | 4,132 | 2,614 | 6,746 |
| 2021 | 3,057 | 1,595 | 4,652 |
| 2020 | 2,989 | 1,469 | 4,458 |
| 2019 | 3,780 | 1,601 | 5,381 |
| 2018 | 2,898 | 1,399 | 4,297 |
| 2017 | 2,228 | 1,089 | 3,317 |
| 2016 | 1,576 | 984 | 2,560 |
| 2015 | 1,769 | 1,199 | 2,968 |
| 2014 | 845 | 1,072 | 1,917 |
| 2013 | 1,011 | 1,111 | 2,122 |
| 2012 | 1,137 | 1,163 | 2,300 |
| 2011 | 1,238 | 1,300 | 2,538 |
| 2010 | 1,641 | 1,697 | 3,338 |
| 2009 | 2,110 | 1,603 | 3,713 |
| 2008 | 5,273 | 1,622 | 6,895 |
| 2007 | 13,913 | 1,668 | 15,581 |
| 2006 | 15,873 | 2,143 | 18,016 |
| 2005 | 13,836 | 2,363 | 16,199 |
| 2004 | 13,776 | 2,626 | 16,402 |
| 2003 | 9,909 | 2,459 | 12,368 |
| 2002 | 10,918 | 2,319 | 13,237 |
| 2001 | 14,327 | 2,802 | 17,129 |
| 2000 | 15,255 | 2,333 | 17,588 |
| 1999 | 14,300 | 2,133 | 16,433 |
| 1998 | 13,306 | 2,328 | 15,634 |
| 1997 | 8,299 | 1,655 | 9,954 |
| 1996 | 5,503 | 1,560 | 7,063 |
| 1995 | 5,747 | 1,214 | 6,961 |
| 1994 | 4,235 | 1,111 | 5,346 |
| 1993 | 3,291 | 832 | 4,123 |
| 1992 | 3,807 | 1,060 | 4,867 |
These are approvals, not finished works, and they count dwellings only: renovation that creates or reshapes no dwelling is not in them. MIVAU splits them by autonomous community, not by province.
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
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