Etiqueta 'Bank properties'
Squatters have taken over bank properties.

Economy

Bank properties occupied by squatters

Sareb is reportedly planning to invest around 116 million euros for the development of more than 700 homes in the Balearic Islands over the next 7 years.

Majorca Daily Bulletin reporter31/08/2020 08:52

The objective of the Housing Law was for the properties to be sold or rented to alleviate the shortage of homes available in Majorca

Property

Banks start selling or renting out unused apartments

People who are currently on the waiting list for a home will pay a reduced rent and the Government will pay the difference.

Majorca Daily Bulletin reporter03/01/2020 04:01