The Balearic Islands is an archipelago in the Mediterranean see situated on the East side of Spain. There are eleven small islands and four main islands, which are Mallorca, Menorca, Ibiza and Formentera. The archipelago is situated at 88 kilometers away from the Iberian Peninsula. Since 1978, this set of islands is an autonomous community with more than one million inhabitants. The capital of the Balearic Islands is Palma de Mallorca, located on the main island. Famous for its sandy white beaches, its sunny days, its gastronomy as well as its unrivalled parties, these islands welcome every year millions of tourists. However, the Balearic Islands have succeeded in keeping its true identity. Away from upscale hotels, trendy bars and stunning beaches, visitors can discover Gothic churches, monasteries, prehistoric sites as well as fishermen villages, authentic hamlets and maquis. The islands will seduce any traveler thanks to their natural charm and beauty. Discover hidden rocky inlets, off the beaten tracks in the mountain, breathtaking landscapes and a natural and untouched environment.
Les three main islands of the archipelago seduce even more buyers every year. Like in Spain, the Balearic real estate market has suffered from the international financial crisis. Prices were particularly cheap, even for luxury properties. Nowadays, the market is gaining strength and this is the perfect time to invest as the islands have a nice real estate offer in terms of upscale villas.
