Emergency measures to provide more affordable housing in Mallorca
All conversions will have agreed affordable prices for sale or rent.
Reach for the skies - Taller buildings a solution to Palma's housing crisis
The government will be approving a raft of urgent measures.
The new government's plans for addressing the housing crisis in Mallorca
Public land will be transferred to developers for the building of homes to rent.
Government buys new Palma development for affordable renting
A government right of first refusal had to be exercised this week.
Apartments in Palma, Mallorca
A good number of the Sareb properties are in Palma.
Balearic government will have to pay for 'bad bank' properties for social renting
Only 120 of the 447 bad bank properties in the Balearics are currently earmarked for transfer to the government.
Over 400 'bad bank' homes for affordable renting in the Balearics
But most are not now in a habitable condition.
Housing shortage in Mallorca leading to illegal conversions
Conversion of commercial premises has to meet habitability requirements.
Developers attack lack of "decisive political action" to solve housing problems
"All developable land with the possibility of building affordable housing has been removed."
14,000 affordable new homes in the Balearics
Agreement to increase the appraised value of protected homes has allowed building to go ahead.
Mallorca's housing - what are the solutions?
A summit at which politicians made their pitches and experts provided their expert opinion.
Increase tax rather than ban non-resident home-buying in the Balearics
A suggestion by the BBVA bank; and it could help with affordable housing.
Luxury apartments in what was a clinic for treating addictions
The developer is also actively seeking plots to build affordable housing.
Foreign demand only a part of Mallorca's housing problems
The main reason for a lack of affordable housing is that "it is impossible" to build it at the required prices.
The vast difference in Mallorca's property prices
Prices in Petra are among the lowest in Mallorca.
Government to increase the price of VPO affordable housing
Land is designated for VPO building, but the current sales price is not sufficient enough incentive for developers and builders.
The Balearics, the region of Spain with the lowest sales of subsidised housing
Just 17 VPO homes were sold between June 2023 and June 2024.
One in three foreign property owners in the Balearics are residents
The European Union has already told us that these limitations on non-residents can only be temporary.
- Britons cash in on the outgoing Golden Visa in Spain to beat the 90 day rule
- After a holiday in Mallorca Richard Gere moves to Spain
- Laura Hamilton: “I’ve always loved Mallorca, I just wished I’d bought here earlier...”
- The 90 day rule does have some positive results in Spain!
- German low-season tourism in Mallorca set for a new record
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