I am told during the summer months in Ibiza that recruiting staff has become a nightmare because rents are so high that relatively lowly-paid staff can´t afford to live there. This state of affairs is now happening on Mallorca with hoteliers now offering their staff cheap housing. It is a trend which will continue in the Balearics and it will not be just rents, you almost have to be a millionaire to buy your own home! The Balearics has been a victim of its own success.
Comment: Paying the rent
Mallorca has been dubbed as the second Monaco
Also in News
- New setback for Britons travelling to Mallorca from Sunday, September 1
- Britons could be “stuck” on planes at Mallorca airport
- Mallorca on storm lockdown for the long weekend
- Severe weather warning upgraded for all of Mallorca, airport delays
- Update: Barcelona now on red alert for rain, 50 flights cancelled
1 comment
To be able to write a comment, you have to be registered and logged in
Even our small village here in the NW of Mallorca has so many vacant town houses. They are either derelict, just vacant but in perfect order or holiday homes, maybe lived in for 2 week a year. I believe the proliferation of derelict houses has something to do with archaic inheritance laws and squabbling relatives.