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Panic to rent a flat in Mallorca
Serious lack of housing is causing a major social problem.
Humphrey Carter10/09/2024 11:24 Renting a room in Mallorca is 50% more expensive than three years ago
"The main reason for such a large increase is the existing imbalance between housing supply and demand, which is causing prices to rise."
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Mallorca struggling to cope with the influx of illegal immigrants.
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.
Leaving for the mainland: The Mallorca residents who can no longer afford the island
Removals firms point to an exodus of people from Mallorca. They are leaving because of the price of housing.
Mallorca has highest holiday rental rate in Spain
In July, rural tourism prices rose by 10.7% in the Balearics, the highest increase in the country.
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Comment
Empty housing in the Balearics is obscene
It’s a very unfair situation and is dividing society. The ‘have and have nots’ is not a healthy environment for anyone to live in.
Humphrey Carter30/08/2024 10:02