Foreign buyers take 37.2% of home sales in the Balearics, data shows

As Merca2.es reports, citing the Land Registry statistics of Spain’s Colegio de Registradores, foreign buyers accounted for 16.05% of home purchases in Spain between July and September 2026, more than 26,300 transactions and the highest share on record. Meanwhile the wider market is cooling: 164,148 sales, 5.9% fewer than a year earlier and the third consecutive quarterly fall.

The Balearics top the regional table, with 37.2% of sales going to buyers from abroad. Among foreign buyers, the British lead with 7.5%, and Germans account for 5.7%, according to the same report.

What this means for buyers and sellers in Mallorca

For sellers, the figure matches what we see day to day: a large share of demand comes from abroad, so it makes sense to prepare the property and its paperwork with international buyers in mind.

For buyers, it suggests competition remains, even as overall sales volumes fall. The report puts the Balearic average price at 4,502 euros per square metre, second in Spain after Madrid, but it cautions that the statistics cannot by themselves link price trends to foreign demand.

What we do not know: the figures cover the Balearics as a whole. The article does not break them down for Mallorca or the south-east, so we cannot say how the shares look in Portocolom or neighbouring towns.

If you are planning to buy or sell, check prices for your specific area against recent data, and talk to a tax or legal adviser about your own situation.