News / Investment in the Balearics
The purchase of luxury properties increases in Mallorca
The real estate expert, Mr. Kai Dost, CEO in Dost & Co., speaks in Diario de Mallorca on the Balearic's real estate situation. According to that publication, the luxury properties market has captured millionaires from all over the world. Stating real estate experts consulted on the matter, "sales of high-standard homes increase after years of recession" especially thanks to the "fortunes from other countries."
Among investors, highlight those from Scandinavia, Holland, Switzerland, Austria, Russia and France, in addition to the usual Germans and British, who are fascinated by the image of exclusivity, quality and security offered by Mallorca and Ibiza.
In the article published in Diario de Mallorca, the journalist Alberto Magro offers keys to understanding the exponential growth in the purchase of luxury homes, and refers to the situation of the Spanish economy - specially the result of the scandals that is oppressing the Popular Party, stating the real estate expert Kai Dost.
Click the following link to read the full article.