Palma City Council has set next spring as the deadline to have the zoning provided for in the tourism law that will determine which areas of the city can be leased multifamily housing and which are not. In this sense, the City Council already has several reports prepared to approve the moratorium on tourist establishments […]Continue reading
At the beginning of the month the moratorium for the granting of new tourist rental licenses came into force after the text of the amendment to the Balearics Tourism Law was published in the BOIB, after having been approved by the full Parliament on the 18th of July. The amendment makes special reference to two […]Continue reading
Last week came into force the new Law of Tourism of the Balearic Islands that begins including a moratorium of one year in which will not be granted new licenses of tourist rental. Aspects to consider: The institutions with urban planning have a period of one year to establish and approve the zoning. Until this […]Continue reading
The number of foreign tourists that visited the Balearic Islands in the first six months of the year exceeded 5.4 million, 8.5% more than in the same period of 2016, these are the latest data released by the National Institute of Statistics (INE). These data lead us to consider the current situation of the much-discussed […]Continue reading
Balearic Islands are one of the great economic engines of Spain thanks to the good behavior of the tourism sector. So much so they lead in 2017 and will lead in 2018 the growth of the Gross Domestic Product. Never before, the Balearics had grown as much as now. According to recent banking data, the […]Continue reading
Balearic Islands is currently at the forefront of real estate market price leadership with a 7.2% increase between January and June, compared to the same period last year, according to data from the appraiser Tinsa. The islands have benefited from the incipient recovery of national tourism but, above all, from the strong increase in the […]Continue reading
