"If there is the political will, it can be done."
The government is expected to discuss Canada's policy at Monday's cabinet meeting.
An increase in demand from 'nomadic workers'.
Demand for property will remain high.
While prices are falling in some regions, the Balearics isn't one of them.
There were 170 such legal proceedings in the Balearics last year.
"People here won't be able to compete unless regulation is put in place for foreign buyers."
The government has defended increase in taxes on properties of one million euros and more.
The Canaries, with 30.6%, were second behind the Balearics.
Non-resident property purchase: "This limitation violates superior national and European legislation, and will generate more confusion than solutions."
The Balearic government has supported a proposal to limit the purchase of homes and vehicles by non-residents in an effort to reduce overcrowding and also ease environmental pressures.
"Our urban planning system is so muddled after years and years of politicisation of housing that civil servants and architects are desperate to interpret urban planning regulations..."
Rise in interest rates pushing up the cost of mortgages.
A Balearic government mortgage guarantee scheme for first-time buyers is only for properties valued up to 270,000 euros.
"A cheaper way of property ownership..."
Also for personal mobility vehicles and lighting in government buildings.
On a national level, Spain has 40,295 luxury homes on the market. A