Related news
Mallorcan foreign property market hit by a “nuclear bomb”
The message is reaching international markets and causing deep concern for the immediate future of the Balearics.
Humphrey Carter05/11/2022 11:36 Balearic business associations slam non-resident property purchase restrictions
“It is a problem that is difficult to solve and requires far-reaching measures, not improvised ones."
Cash in on Balearic property price slow down
Price growth starting to cool everywhere except in the metropolitan areas.
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."
500 euros for finding a flat to sell
The association of real estate agents has condemned this financial incentive.
"If you buy a home here, it should be to live here....."
Move has sent shockwaves through the real estate sector.
- Greece and Portugal cash in as Spain says adios to Golden visa
- Mallorca set to welcome back young British seasonal workers
- Ryanair to base 16 aircraft at Palma airport this summer, an investment of $1.6 billion and supporting 7,000 jobs
- Residents furious in Palma NO-GO area
- Weekend weather: No masking the fact that carnival could be a wash-out
Comment
No sale
The legislation aims to curb the sale of homes to non-residents.
Jason Moore01/11/2022 09:18