Property in the Tramuntana Mountains
Attributed to the United Airlines service from New York-Newark.
Palma, a value just short of 23,000 million euros.
"The cadastral value is, in general, below the real value."
Small towns not far from the coast are becoming more popular.
Proposals for property transfer tax reform are to be debated in parliament this week.
There has been recent controversy in Mallorca because of an advert which specified German buyers only.
And a further increase in the tax on luxury properties is also being looked at.
Around a third of all properties purchased in Mallorca are bought by foreigners.
The Thursday plenary session of the Council of Mallorca rejected the proposal.
Llucmajor, which is where this property is located, is fifth on the list of top ten municipalities.
Mallorca is the German property buyer's preferred location.
Getting on for 40% of homes were bought by foreigners in 2021.
Very different property markets, but an indication of the great contrasts.
VPO homes are controlled by the Balearic government.
Land is designated for VPO building, but the current sales price is not sufficient enough incentive for developers and builders.