Property prices are increasing in El Terreno.
"Visiting the island to acquire a property or sign a contract is a legitimate reason for travel.."
The Government has set aside 1.8 million euros to pay for the first 56 empty homes it wants to expropriate.
“We are in a situation where access to housing is unsustainable for the vast majority of families, so any mechanisms that improvement the situation are good news..”
Complications for UK part-year residents of Mallorca.
A 0.7% increase in February was the highest in the country.
A fall in price, but the second most expensive region in the country.
Podemos is determined to make banks and investment funds comply with the law.
British investors snap up around 200 homes in the Balearic Islands every year.
Property sales were down for most of 2020.
Critics are demanding to know why none of the properties bought by the Government have been made available for rent.
The cost to rent in Mallorca fluctuated in 2020.
The Balearics had the fourth highest average price in the country.
In December 2020, a total of 37 provinces recorded increases in second-hand home prices compared to November.