While we have always tried to provide our customers with an update on the Mallorca property market and general economic conditions, it seems almost impossible in the current global economic climate, to do so when everything is moving so fast! What we say today may be very different from what we could end tomorrow!

That said there are still real value in the study of where we are today and what are the possible consequences for the housing sector de Mallorca, both now and in the future.

While people still want to sell and others want to buy (and this will not change even if the world economy falls into a deep recession or even "depression") have a "market" and therefore the problems of pricing and economic returns are real. We can not all throw our arms in the air, go home and wait for things to get better (which would be a long sabbatical from the "life on earth" if we did that!)

So what is the current situation and the economic situation likely to reach the market? Let's look at some of the basic variables are, and will, affecting demand and supply now and in the short term:

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