The Balearic government has asked for 56 'major owners' empty homes!
The government of The Balearic Islands has announced its plans to request the rent of 56 empty houses spread across Mallorca, Menorca and Ibiza for seven years. Similar measures are reportedly being studied in other regions such as the Community of Valencia. houses for sale The housing policy is transferred to the 17 autonomous regions of Spain, so that the regional governments can regulate housing markets within the Spanish constitutional limits. This power was used by the Balearic government to pass a Housing Act in 2018 which permits it to temporarily requested houses on the 'speculative market' and forcing owners to supply them with low-market rents or penalties as affordable housing. This law was invoked in 56 vacancies owned by "major owners" who have been defined as owners of 10 or more properties and who will now have to rent them to tenants under local authorities terms. Empty houses are defined as properties empty "without justification" for t...