The ‘golden visas’ are being blamed for encouraging “speculation” in housing prices.
Playa de Muro is considered one of the world’s best beaches.
The Balearics needs more investment from Madrid.
More than half of properties soild in 2021 were to foreigners.
International investment group has bought old Alcudia power plant.
“Foreign investors and companies are buying big slice of the tourist industry...”
The owner of the Mallorca Investment agency and a builder have been ordered to prison.