By Cathy Elelman • 25 February 2020 • 13:10
Firefighters in Vall d'Ebo in Alicante. Natxo Francés/EFE
HOUSEBUYERS in the Balearic Islands typically need 16.4 years’ of salary to pay for an average property, according to a report by the Sociedad de Tasacion property evalution association.
This is nine years more than the national average.
The report put house price growth in the Balearics last year at 3.3 per cent.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don’t already have one. Review our
Cathy Elelman is the local writer for the Costa de Almeria edition of the Euro Weekly News.
Based in Mojacar for the last 21 years, Cathy is very much part of the local community and is always well and truly up on all the latest news and events going on in this region of Spain.
Her top goals are to do the best job she can informing the local English-speaking community, visitors to the area and the wider world about about the news in Almeria, to learn something new every day, and to embrace very new challenge this fast-changing world brings her way.
Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews
Your email address will not be published. Required fields are marked *
Download our media pack in either English or Spanish.