Tourism Minister calls for debate on how to curb sale of Mallorca homes to non-residents
"The Balearics can´t be a theme park where there is no room for people who live here."
Estate agent window in Palma, Mallorca
An allocation of tourist tax revenue to the mortgage guarantee scheme.
Hoteliers opposed to tourist tax revenue for housing
Housing should be funded through the government's general budget.
Estate agent window in Menorca
It is estimated that around 18% of properties in Mallorca would qualify for the mortgage guarantee scheme, as they are valued at under 270,000 euros.
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.
Apartment for sale in Palma, Mallorca
Housing, a "major concern" in the Balearics.
Twenty-five per cent of tourist tax revenue will go on housing policies
The Balearic parliament has approved the proposal.
Podemos call for 70,000 empty homes to be made available for housing
Podemos still want a two-year residency requirement before being able to buy a property.
It takes longer to pay off the mortgage in the Balearics than anywhere else in Spain
Access to housing for the average family is "impossible".
President defends use of tourist tax for Balearic housing
"It is very good that the tourist helps."
Housing development in Mallorca
Housing is a government tourist tax priority.
Housing and clean energy - government priorities for the tourist tax
Decisions on spending this year's tourist tax revenue will be made in around three weeks' time.
45 percent fall in bed-sits in the Balearics
They live in the centre of large cities, do not smoke or allow smoking in the home and do not have or allow pets.
Real estate sector to defend the rights of foreign investors
More than half of properties soild in 2021 were to foreigners.
Two years residency in the Balearics before being able to buy a home
Podemos are proposing a series of measures to address housing problems in the Balearics.
Commercial premises for living in in Palma, Mallorca
An example of a commercial unit that has been rented out.
Palma housing crisis: People living in commercial premises
"These don't meet habitability regulations. At most they have a toilet."
Only one property offered for Deya social renting
Deya town hall introduced a scheme at the start of this year.
Over 80 Ukrainian refugees in Mallorca
Balearics has housing for at least 162 refugees.
Record inflation pushes rents up 600 euros
The acceleration in inflation was driven by food, beverages, fuel and energy.
- Ryanair grounds 12 Spain routes over excessive airport taxes
- End of the Golden Visa....but there is a new way to live in Spain with few problems
- Nautical exodus from Mallorca
- The EU threatens the future of Mallorca beach bars
- Non-resident Britons and Americans buying a property in Spain face massive tax bill, PM announces