Mallorca politician who wants to ban foreign property sales, sells house to a German!
“Citizens deserve leaders who act with integrity and who truly care about the welfare of society, not those who seek their own benefit at the expense of others."
Humphrey Carter12/09/2024 11:42 Over 50% of Britons want to live in Spain
Britons believe spending more time in the sun will improve their quality of life and 87% believe they will become healthier and live longer.
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.
For what it costs to buy a home in the Balearics you could buy three in Murcia
The price per square metre in June was at an all-time high.
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.
One out of every three homes in the Balearics is empty
British second home owners hit by the 90 day rule.
“Luxury house hunting” is the new tourist pastime in Mallorca
Spanish love looking round luxury houses, even if they can't afford them.
Foreigners may only be able to buy property if they live in the Balearics
Proposal to to establish a tourist saturation index, in which a maximum number of visitors per resident in the Balearics can be established.
Fresh call for limiting the purchase of flats by non-residents across Spain
PSOE socialists will be calling on the EU to give regions like the Balearics specific legislation to regulate the purchase and sale of second homes - prohibition, in other words.