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 property in Mallorca
Much foreign buying in Mallorca is at the luxury end of the market.
Balearic developers add their voice against non-resident home-buying ban
Possible prohibition is being addressed in a "shallow" manner.
The Balearics, a haven for Golden Visa foreign property buyers
Property speculation and possible money laundering - two reasons for objecting to the Golden Visa.
Foreign home buying in the Balearics hits record level
There was a fourth quarter revival in foreign buying.
Balearic politicians pushing ahead on foreign property sale restrictions
Nearly 60,000 foreigners have acquired a home on the islands over the past 10 years
Spanish government pours cold water on Balearic non-resident home-buying restrictions
The Spanish government cites freedom of movement of capital within the EU.
New demand to restrict non-resident home buying in the Balearics
"If there is the political will, it can be done."
Opposition keep up the attack against foreign home-buying ban
Marga Prohens says that government housing policies have been "populist, radical and ineffective".
Former government housing director questions the sense of a foreign buyer ban
"I would be surprised if it (a foreign buyer ban) had a significant impact."
Criticism of Balearic government praise for Canada's foreign home buyer ban
The government is expected to discuss Canada's policy at Monday's cabinet meeting.
Taylor Wimpey continuing to invest in Mallorca and Spain
An increase in demand from 'nomadic workers'.
"The main economy in the Balearics has become the real-estate business"
"People here won't be able to compete unless regulation is put in place for foreign buyers."
Balearic government "engaged in a battle" against purchases by non-residents
The government has defended increase in taxes on properties of one million euros and more.
El Molinar on the frontline of the foreign buying controversy
The report of the sale of a property to a German buyer came amidst the controversy raised by the proposal for residency qualification.
Market intervention needed to limit sales of Mallorca homes to foreign buyers
"There are mechanisms in the free market for when imperfections occur." Overpopulation in the Balearics is an imperfection.
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.

Montuïri is a hot spot for foreign investors.
Montuïri is a hot spot for foreign investors.
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.