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Group set up to limit foreign property market in the Balearics
Current European measures being looked at.
Humphrey Carter01/12/2022 13:18 Balearic government "engaged in a battle" against purchases by non-residents
The government has defended increase in taxes on properties of one million euros and more.
Another day...another rise in property taxes for luxury homes
"Taxes on cheaper homes to be reduced..."
35% of Balearics homes bought in the third quarter were by foreigners
The Canaries, with 30.6%, were second behind the Balearics.
Property sales tax could rise by as much as 50 percent in Spain
"The tax is basically a levy on the increase in the price of land..."
Fresh push for a 10% hike in Balearic tourist tax
Now is not the time for a new battle with hoteliers.
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