Etiqueta 'Mallorca affordable housing'
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.
Mallorca's housing crisis "will only be solved when no one wants to come as a tourist or come and live here"
The latest estimate is that property prices in the Balearics will rise 8% by the end of the year.
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