Holiday rental licenses in the Balearic Islands.

Monday, 28 February, 2022

On Friday, February 18, the Balearic Government issued Decree Law 3/2022, of February 11, on urgent measures for the sustainability and circularity of tourism in the Balearic Islands, in which, among many measures, there is a moratorium or prohibition of new tourist accommodation places during the next four years.
In the first additional provision, the suspension of the acquisition of tourist places is established,

"1. On the islands of Mallorca, Ibiza and Formentera, the possibility of acquiring tourist places from the managing body or the tourist administration is temporarily suspended, as well as the exchange of places between individuals, for the start of tourist activity or for the extension of this, for:
a) Tourist accommodation establishments.
b) Dwellings subject to tourist marketing.
3. The suspension provided for in section 1 is valid until the evaluation or re-evaluation referred to in section 2 of this provision is carried out and, at most, for four years from the publication of this Decree Law.
4. This suspension does not affect the establishments specified in letter a) of section 1, in respect of which, before the entry into force of this Decree Law:
a) They are executing works aimed at opening or expanding the establishment.
b) An application for an urban building license is being processed or a declaration of responsibility has been submitted to the competent urban administration for the opening or expansion of the establishment.
c) The urban building license has been obtained before the entry into force of this Decree Law and it has not expired.
d) There is a reservation of places by the tourist administration or the managing body, in accordance with current regulations.
e) An application for places is being processed before the tourist administration or the managing body or is in the process of being amended.

 

One out of every three homes in the Balearic Islands is either vacant or only used for a few days a year.

Tuesday, 27 August, 2024

In the midst of a housing emergency in the Balearic Islands, where real estate listings show barely twenty apartments available for rent under 1,000 euros in Palma, and with the highest property prices in all of Spain, there is a paradox: one out of every three homes is either vacant or a second residence that is only used for a few days a year.

Data from the 2021 Housing...

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This is the cheapest municipality on the Balearic coast to buy a home

Tuesday, 27 August, 2024

The price of housing is through the roof in the Balearic Islands, especially in coastal areas, according to reports from the real estate portal Pisos.com. Based on a study recently released, five coastal towns on the Islands are among the ten most expensive in Spain. However, the aforementioned document also specifies which municipality on the Balearic coast is the most economical to...

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Reasons why collaborating between agencies benefits everyone and reduces the risk of scams.

Tuesday, 27 August, 2024

**Collaboration Between Real Estate Agencies: Benefits for All and Fraud Reduction**

Collaboration between real estate agencies is not only a beneficial practice for everyone involved in the buying and selling process, but it is also an effective strategy to reduce the risk of fraud. This collaboration allows the pooling of resources, experiences, and knowledge, resulting in...

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Loving Networking Can Make Your Life as an Entrepreneurial Agent Easier

Tuesday, 27 August, 2024


Ah, networking! That magical art of making friends at conferences and business parties that, in theory, will help you conquer the real estate world. If you love networking, congratulations! Not only will you look incredibly busy with business cards and LinkedIn contacts, but your life as an entrepreneurial agent could turn into a truly epic adventure. And if you haven’t jumped...

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New event

Monday, 29 January, 2024

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Discover Vicky Vich

Monday, 01 May, 2023

Who is Vicky Vich?
Today we are getting to know one of the key personalities of our REU family better, the REU Club Events Ambassador, who energizes REU meetings by perfectly combining the unique qualities that make her personality that of a true Empress by nature.

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José Manuel Puga interview

Monday, 01 May, 2023

Patricial Pal, de REU Ambassadors Sections, entrevista a josé Manuel Puga, CEO & Socio Fundador de la Asesoría Puga & Alarcón.

Lee el artículo desde el enlace

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Networking Event 25 of May

Monday, 01 May, 2023

We already have a date for the next REU meeting. Make a hole in your agenda and come meet new people and generate new opportunities!

Now is the time to strengthen strategic relationships within the sector. Come share with us on Thursday, May 25, 2023 from 7:00 p.m. to 9:30 p.m.

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Wednesday, 08 March, 2023

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The price of housing continues to rise, growing 3.3% in the fourth quarter

Thursday, 12 January, 2023

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