Banks selling empty properties rather than letting the government have them
Under half the registered number of empty properties there were two years ago.
Palma's plan for converting ground-floor premises
Under the new urban plan, conversion will favour affordable housing.
Santa Maria approves development of 300 new homes
Environmentalists Terraferida among those opposed to the developments.
Building site in Mallorca
Projects may have to stop until the situation normalises.
Rising cost of building materials pushing up prices of new houses
The rise in costs over the past six months is equivalent to that for the previous 13 years.
Spanish cabinet approves bill penalising empty homes, rewarding lower rents
The draft legislation also targets the lack of accessible housing.
Spain to more than halve subsidy for firms specialised in letting property
"This general budget will help all young Spaniards realise their life projects."
Home building in Palma, Mallorca
New homes are being built, but they are mostly for the high end of the market.
Developers highlighting the lack of affordable housing in Palma
It's a familiar story; the town hall is meanwhile wanting more public housing.
Flats for sale in Mallorca
Empty properties for temporary urgent need.
Network of temporary flats for people with urgent housing needs
Empty flats have been acquired from large property owners.
Balearic government expropriation of apartments "a gimmick"
The government's housing policy will have the opposite effect to that which is intended.
Apartments in Palma, Mallorca
Twenty-seven of the apartments are in Mallorca.
Expropriation of apartments could result in lower rents
The Balearic government will expropriate 56 apartments belonging to banks and real-estate firms.
Palma demanding legal means to regulate rents
The Spanish government is being urged to allow town halls to limit the cost to rent.
Plan to restrict the sale of homes to foreigners in Mallorca rejected
Left-wing coalition party wanted to implement European and state regulations with the aim of restricting the sale of homes to foreigners.
Comment
Don’t pick on the foreigners!
Let’s not pretend all those second homes are owned by wealthy foreigners here for their “holibobs.”
Vicki McLeod06/09/2024 11:44