On June 26th 2018 the BOIB (Balearic government’s official report) published the first Housing Law in the Balearic Islands, effective from June 27th 2018, and that, according to the Balearic Government, will make it easier for citizens to have access to housing. The most important aspects of this law are the following: – The law […]Continue reading

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The “Consell de Mallorca” authority has recently given definite approval to holiday rentals  zoning. This is going to put an end to the existing suspension of new licenses to carry out the activity. In fact, a new zoning proposal has already been prepared taking in consideration all reports and allegations. At the moment, the Balearic […]Continue reading

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During last year, the city of Palma has experienced an exponential growth of the luxury tourism becoming Europe’s top city in “cosmopolitan tourism”. This situation was backed up by the opening of new boutique hotels as well as the excellent gastronomic and complementary offers. This can be also extended to the real estate market in the […]Continue reading

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The last real estate market reports show that second-hand housing in the Balearic Islands has had the biggest price increase in the whole of Spain. In April 2018 the average price was 2,567 euros per square meter. This number had a monthly increase of 5.57% standing out from other regions in the country. Interannually, it increased […]Continue reading

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