Over 9,000 owners with more than ten properties
According to the Land Registry (Dirección General del Catastro), there are 9,272 owners in the Balearics with more than ten properties, a figure which places the islands in the middle of the ranking of Spanish regions.
Also in News
- UK entry visa comes into force on Wednesday
- Curtain comes down on Son Amar, the popular Mallorca nightspot
- Ryanair changes its hand luggage and check-in rules
- New train service will have 10 kilometre underground section, linked with Palma airport
- Mallorca beaches at Soller and Andratx covered by thousands of 'little sails'
1 comment
To be able to write a comment, you have to be registered and logged in
So the way this reads is that there are over 25,000 properties owned by 502 entities - people or banks etc. - and approximately 100,000 properties are owned 7,687 entities. No wonder rent prices are high. Considering the population of approx 900,000 people that is enough housing for almost the entirety of the islands population. Go figure.