The Council of Mallorca is launching a major campaign against illegal holiday lets within Palma with owners facing fines of up to 40,000 euros.
Rent out your home to tourists in Palma and face a 40,000 fine
Council of Mallorca launches major crackdown
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People owning flats or houses are not going to let them long term to locals, as you can't get them out when you want. Change the laws first, then people MIGHT consider renting to locals, but if no law is changed, there will be NO more rentals to locals. People might rather sell up.
Headline misleading. Its should read "ILLEGALLY Rent out your home to tourists in Palma and face a 40,000 fine". Please note that this has been in place and enforced for what, 4 years now? And bloody difficult to get away with if you advertise at all. Nothing new here.