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Balearics government says property laws for non residents are up to the EU
Government looking to adopt a more European policy for all island regions.
Humphrey Carter09/01/2023 14:38 Criticism of Balearic government praise for Canada's foreign home buyer ban
The government is expected to discuss Canada's policy at Monday's cabinet meeting.
Mallorca political groups take heart from Canadian ban on foreign property sales
"Ban has been rejected by estate agents..."
Deya has almost 200 unoccupied homes
Deya has a scheme whereby the town hall will pay owners for empty homes to be used for social rent.
“Mallorca cannot become like Hong Kong”
"We need to stop, pause and reflect on what has happened, what Mallorca has already lost and how we are going to best protect what we have got moving forward."
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.