Real Estate law and legal questions


Increase of 25% in the prices of second hand properties in the Balearic Islands

The boroughs in the Balearic Islands where we find the most expensive properties are Santa Eularia del Riu and Sant Antoni de Portmany, whilst those of Inca and Sa Pobla are the cheapest. The prices of second hand properties in the Balearic Islands showed an average increase of 25,3% during 2017 reaching 2.472 euros/m2, according to the yearly report of prices in the popular web This increase is the largest experienced by an autonomous region in 2017.

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How to coordinate the existing information in the Property Registry Office and the Land Registry Office

The reform arising from the Law 13/2015 has created the increase of the presence of the notary in the proceedings of uniting details between the Property Registry and Land Registry offices, which can only be seen as a positive measure as on one side it increases the security and transparency for the interested party and on the other it lowers costs and time period.

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