During the first semester of the current year, the luxury property buy and sell increased 27% in Spain, as the average price increased 19%. The most expensive houses in Spain are located near the sea, not surprisingly, three of the top 5 most expensive properties are in Mallorca. An annual report on wealth has been […]Continue reading

0

The Tourism Intervention Plan that has been recently approved by the Consell de Mallorca, with the objective of being a planning instrument that regulates the main economic activity of Mallorca, brings news regarding ratios to distribute the holiday rental places. The main premises are the following: New licenses are limited to 000 during the next […]Continue reading

0

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

0

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

0