<![CDATA[Ara Balears in English - foreign]]> 10 <![CDATA[One out of three homes sold in the Balearic Islands in the second quarter was acquired by a foreign buyer]]>

32.2% of homes sold in the Balearic Islands during the second quarter of the year were acquired by foreign buyers, the highest percentage in the entire State. This is according to the Real Estate Registry Statistics published this Tuesday by the College of Registrars, which places the Archipelago as the community with the greatest weight of international demand in the residential market.

]]> <![CDATA[Buy a town]]> The editorial office of ARA Baleares overlooks a street in the noble area of Palma, a in the place filled with art galleries of all kinds, cafes cutesy, an antique dealer who isn't an antique dealer, and a real estate agency. Tourists love taking photos on this street. It's narrow, sterile, impersonal, but quite picturesque by Instagram standards. Sometimes I go out and walk around just to hear the comments of those who stop by the real estate agency, presented with all the clichés of Nordic luxury: standardizing white, light-colored designer furniture, Mac computers (Apple grants status), and ads on tablets. Everything digital, everything modern, everything neutral to the point of nausea. Art galleries don't garner nearly as much interest as the real estate agency. Both luxury homes and contemporary art are reserved for the wealthy, but everyone aspires to the former, and the latter only interests those who appreciate it, those who pretend to appreciate it, or those (to close the circle) who want to decorate their luxury homes.

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