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Housing law has reduced the number of homes to rent in Mallorca by up to 30%
People are having to move to the mainland to find somewhere to live.
Andrew Ede10/12/2023 07:48 The new government's plans for addressing the housing crisis in Mallorca
Public land will be transferred to developers for the building of homes to rent.
New housing law has led to a reduction in properties to rent in the Balearics
An estimated fall of ten per cent in the Balearics.
Spain's new housing law. Six facts you need to know
"Landlords may benefit from tax incentives, such as deductions on rental income..."
Stock of properties to rent in the Balearics falls
Partly attributed to a Spanish government limit on any annual increases in rent prices.
More people rent in the Balearics than anywhere else in Spain
Slightly higher percentage than when the last survey was published.
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