Mallorca has been a favourite destination for German tourists, residents and second homeowners since the 1960s and 1970s. Germans rank among the top three foreign visitors to Spain, alongside British and French travellers. Over 2.1 million Germans visited Spain in the first quarter of this year, with Mallorca traditionally preferred. Low housing prices and a strong German mark in earlier decades produced a property boom and attracted German buyers. Tax incentives in the 1980s and 1990s further encouraged purchases. Limited generational replacement in rural Mallorca led to land and property sales to Germans, who built villas away from party areas. Estimated German residents on the island range between 15,000 and 60,000.
Mallorca has long been the favourite place in Spain for German tourists, residents and second homeowners, but recent data suggest that the Mediterranean island is losing its appeal among its main tourism market.
In terms of numbers, Germans are typically among the top three foreign holidaymakers in Spain, along with the British and the French, according to Spain's National Institute of Statistics (INE).
"Houses were very cheap, a property boom was created, as the German mark was very strong against the peseta," Antonio Salva, emeritus professor of Human Geography at the University of the Balearic Islands, told Diario Ara.
The lack of generational replacement in the Mallorcan countryside created a favourable climate for the sale of properties and land to Germans, who built villas away from the noisy party spots of the island.
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