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Tax incentives of 1,800 euros for getting Mallorca's empty homes onto the rental market
A reason for the large number of empty homes is a reluctance to rent them out because of a lack of guarantees.
Andrew Ede06/09/2024 08:52 "A responsibility for facilitating access to housing" - Balearic court rules in favour of expropriating banks' empty flats
The current Balearic government is expected to include this form of expropriation in new housing legislation.
Rents 30% lower under Balearic government's scheme for empty homes
The government believes that "thousands of apartments" will come onto the market.
Balearic government will act as a 'letting agency' for empty homes
The government hopes that guarantees will persuade owners to make properties available for long-term rent.