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Spanish government pours cold water on Balearic non-resident home-buying restrictions
The Spanish government cites freedom of movement of capital within the EU.
Andrew Ede13/02/2023 19:29 Former government housing director questions the sense of a foreign buyer ban
"I would be surprised if it (a foreign buyer ban) had a significant impact."
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.
35% of Balearics homes bought in the third quarter were by foreigners
The Canaries, with 30.6%, were second behind the Balearics.
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