In the Balearic Islands put up for sale about 50 thousand houses

The real estate market of the Balearic Islands there is a surplus of proposals, - the Spanish daily El Mundo. One only Palma de Mallorca for sale exposed to about 15,000 homes. At the same time in the region indicated a serious decline in sales, which according to the Housing Department amounted to 46% in the third quarter in annualized terms. As a result, real estate prices in the Balearic Islands continue to decline, - said in the article. At the same time, local realtors say a steady demand for housing that is leased out. On this Site www.spanishpropertyinsight.com