Etiqueta 'Majorca housing market'
Mallorca tells 'rich foreign property buyers go to hell'
The message is a direct protest against foreign investors who are seen as contributing to the housing crisis on the island.
The Balearic Islands is the region with the fewest households living in their own homes
Spain is the twelfth country with the highest number of people who own their own home in the European Union.
Slump in foreign property deals due to fears of restrictions
Almost one out of every three property transactions made in the Balearics was by carried out by a foreigner.
Don’t pick on the foreigners!
Let’s not pretend all those second homes are owned by wealthy foreigners here for their “holibobs.”
- Spain at boiling point over eggs!
- Now there's a proposal for a fifteen-year residency requirement to buy a home in the Balearics
- A Good Friday. Britain's biggest cruise ship heads for Palma for Easter
- Ryanair launches subscription that waives fees for reserved seats and insurance
- Super luxury British hotels set to open in Mallorca this summer
Comment
The price-containing housing minister
“We must be very careful with any limitation of the free market and competition.”
Andrew Ede30/08/2024 11:28