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One in three foreign property owners in the Balearics are residents
The European Union has already told us that these limitations on non-residents can only be temporary.
Humphrey Carter23/09/2024 09:36 What investors pay for a luxury hotel in Mallorca ... more than one million euros per room
"The more difficulties these large companies encounter, the more they want to establish themselves." And that means paying top dollar.
On sale for ten million euros, a 14th-century mountain estate in Mallorca
Sa Costera is one of two old estates in Escorca that are up for sale.
Mallorca nationalists have never spoken about "foreigners" when it comes to limiting the sale of homes
Lluís Apesteguia believes that whether a buyer is a resident or non-resident is a key issue.
Plan to restrict the sale of homes to foreigners in Mallorca rejected
Left-wing coalition party wanted to implement European and state regulations with the aim of restricting the sale of homes to foreigners.
Mallorca scandal over politicians selling houses to foreigners
Members of party against selling properties to non-Balearic residents have done just that.
Over 30% Spaniards complain there are “too many” foreign tourists
A sizeable minority of people in Spain (28%) now say they have a negative view of international tourists in their country.
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