By comparison with other Spanish regions, the cadastral value of the Balearics is quite low. But then the land area is small by comparison, while the islands don't house the nation's capital and main financial and business centres.
Putting a value on the Balearics - almost 80,000 million euros
Property tax calculations are based on the cadastral value
Also in News
- Emergency declared on Ryanair flight bound for Palma from Dublin
- British tourists will be “tracked” while on holiday in Mallorca
- Mallorca ambassador Sir Bradley Wiggins has “lost” his Mallorca home
- Mallorca restaurants losing clients, tourists tighten their belts
- Mallorca hotelier - "I wouldn't go to a place where I perceived there to be animosity towards tourists"
No comments
To be able to write a comment, you have to be registered and logged in
Currently there are no comments.