Etiqueta 'Cost to rent'
Legislation necessary to "influence rental prices" in the Balearics
President Armengol insists that state regulation is needed in order to control rents.
Property
Fewer young people leaving home because of the cost to rent
On average, young people would have to devote their entire salary to the cost to rent.
Housing
Palma rents soar higher than the rest of Spain
Palma has seen the largest increase, with rents soaring by 55% since 2013.
Housing
Palma will limit the cost to rent
Placing a limit on rents will require reform of Balearic legislation.
Property
Forty per cent increases to rent and buy
The cost to buy and rent a property in the Balearics has increased on average by 40% since 2014.
Bars and restaurants
Traditional bars threatened by rising costs
At the start of this year there were 3,414 bars in the Balearics.
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