Mallorca, known worldwide for its stunning beaches, picturesque landscapes and rich culture, has undergone a remarkable change in recent decades. The island, located in the Mediterranean Sea, has emerged as an ever-growing technology hub. This flourishing of the technology industry in Mallorca is changing the dynamics of the real estate market and generating a significant […]Continue reading

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The Government is finalizing a law decree requiring internet portals to report owners and income. These must comply with the Public Safety Act and report on who is staying at their properties. The Internet portals should inform the Tax Agency of who owns the tourist homes that appear on their websites and what the income they […]Continue reading

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At the beginning of the month the moratorium for the granting of new tourist rental licenses came into force after the text of the amendment to the Balearics Tourism Law was published in the BOIB, after having been approved by the full Parliament on the 18th of July. The amendment makes special reference to two […]Continue reading

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Last week came into force the new Law of Tourism of the Balearic Islands that begins including a moratorium of one year in which will not be granted new licenses of tourist rental. Aspects to consider: The institutions with urban planning have a period of one year to establish and approve the zoning. Until this […]Continue reading

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