Having fun costing more this Christmas in Mallorca
Inflation rate has now risen for three consecutive months.
Humphrey Carter30/12/2024 12:02 The EU threatens the future of Mallorca beach bars
The controversy has generated unease among Spain’s coastal business community and tourism industry, both of which rely heavily on the attractiveness of beach bars to draw visitors.
Check out the most sought-after luxury home in the Balearics
The spectacular estate, which dates back to the 19th century and was completely restored in 2006, is located in the picturesque municipality of Lloret de Vistalegre.
More complications for Britons wishing to move to Mallorca
It was seen as a way of attracting badly needed foreign investment in the wake of the eurozone crisis, which hit Spain’s property sector particularly hard.
Spain probes unidentified holiday home renting platform for listings without licences
The investigation is part of a general crackdown on the tourism rentals business through platforms such as Airbnb or Booking.com in the country.
Balearics is home to one out of every four 1 million euros properties in Spain
More than 20 % of the luxury homes for sale throughout Spain are offered for more than three million euros, which is equivalent to 9,800 units. Of these, 35% are offered in the Balearics, especially in Mallorca and Ibiza.
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- The EU threatens the future of Mallorca beach bars