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Cost to rent in Mallorca continues to spiral upwards
Real estate sector wanting tax incentives to get empty properties on to the rental market.
Andrew Ede04/02/2023 08:12 Balearics would be most affected by rent cap legislation
The most restrictive scenario would apply to 94% of households in the Balearics.
Balearics wanting to cap rents in "stressed areas"
A problem is that the new national housing law is currently stuck in Congress.
Rents predicted to rise in Mallorca as mortgage costs increase
A Balearic government mortgage guarantee scheme for first-time buyers is only for properties valued up to 270,000 euros.
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