The Balearic government are pushing ahead with their crackdown on illegal holiday lets and they do appear to be winning the battle, despite the fact that it is a rather senseless fight. The major internet letting firms are being fined for listing properties which allegedly do not have their paperwork in order and break the new legislation which has been introduced. The Balearic government said that they will continue with their battle but at the same time they are busy destroying an industry which has proved quite lucrative, albeit illegally.
Many foreign home owners bought property on the island thinking that they would be able to rent it out when they were not using it. This helps the real estate market but now the new rental laws mean that some are said to be planning to sell up because they believe that they have lost a major source of revenue. Just last week it was reported that the police would be given access to the names of people who are staying in legal holiday homes. This is part of the new anti-terror legislation which has been introduced. It is clear that the days of illegal holiday rentals could be well and truly over. Home owners were breaking the law but at the same you should be able to do what you wish with your home as long as it meets the necessary legal guidelines. I have never understood why the local authorities have not introduced legislation which makes it easier for people to rent out their homes. For me this was the way forward.
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