According to this blog piece at the Telegraph by Anna Nicholas, citing a study by Chesterton’s, prime property prices in Mallorca could have risen by 40% since 2008.
I’ve also been told by various different sources that high-end property prices in Ibiza are up 20% to 30% since 2008, so up in the crash, not down.
I haven’t had a chance to investigate myself, so I’m not going to back up these claims. My first reaction is that it’s hard to believe.
Everything you need to know about property in Spain
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