# @seb_nicolleau on Instagram

- **Type:** Image
- **Original URL:** https://www.instagram.com/p/CS6M3OlMCzq
- **Gondola URL:** https://gondola.cc/posts/61129848-seb-nicolleau-instagram
- **Thumbnail:** https://img.gondola.cc/tr:w-,h-,fo-auto/postThumbnails/247bd0a40f.jpg
- **Posted:** 2021-08-23T07:58:55.000+00:00
- **Account Owner:** The Buying Agent | Real Estate (@seb_nicolleau) — https://gondola.cc/seb_nicolleau

## Caption

Busy up-coming weeks advising several clients with their purchase across Europe and managing acquisitions in the Alps, London, Monaco and Mallorca. 

Similar to Marbella where I was last week with clients, Mallorca’s market has been super dynamic since the start of the year with Conselleria d’Hisenda (Balearics government) collecting €312 million in ITP (Impuesto de Transmisiones Patrimoniales) the first 6 months of 2021. ITP is the transfer tax when buying a property in Spain, equivalent to SDLT in the UK. It is the highest number over a decade. For reference €269m was collected in 2019 (pre-pandemic) over the same period. 

The prime segment of €1m to €5m is driving the market up. Similar trend seen across Europe with buyers looking for sunny escape, more space, outdoor and a better quality of life. 
 
For more insights about the Balearics, DM me. Have a great week! ☀️ 
 
Looking to acquire real estate in Spain, France, Monaco, Portugal, or the UK? Get in touch 👉🏼 seb_nicolleau. Retained Buying Advisor. Representing buyers only.
 
#mallorcaisland #ibizaisland #menorcaisland #mallorcaparadise #balearic #ibizavilla #ibizaproperty

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## Tags

ibizavilla, balearic, mallorcaisland, ibizaproperty, menorcaisland, ibizaisland, mallorcaparadise

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