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Spain's Congress rejects Balearic rent cap proposal
But only because a bill with the same objectives is currently being processed.
Andrew Ede07/03/2023 19:40 More people rent in the Balearics than anywhere else in Spain
Slightly higher percentage than when the last survey was published.
Cost to rent in Mallorca continues to spiral upwards
Real estate sector wanting tax incentives to get empty properties on to the rental market.
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.
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