Holiday rentals Mallorca – New Laws for Holiday Rentals in Mallorca
Update July 2023: Government pact in the Balearic Islands with new opportunities for holiday rentals on Mallorca
The change of government on the Balearic Islands promises tax relief, and new opportunities for property buyers as well as owners who rent out their property as touristic/holiday rental. The conservative People's Party (PP) will operate as a minority government and thus will depend on the support of the right-wing populists of Vox. Under Balearic President Marga Prohens, the parties have agreed on a government programme aimed at numerous tax relief factors. One of the planned measures concerns the liberalisation of touristic/holiday rentals. The moratorium that has been in place since 2022 and has blocked the issuing of new licences is to be lifted. We will keep you informed ...