Update Mallorca holiday rental regulations 2018

Since end of July 2018 and after a one-year moratorium, it is again possible to apply for new holiday rental licenses from the Ministry of Tourism. In a first step a quota of 20,000 guest beds will come to the market. Existing “old” licenses will enjoy grandfathering in the future. The receipt of a new…

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Tax for sustainable tourism – “Ecotasa”

Since July 1st 2016, the Tax for Sustainable Tourism is due on all overnight stays in tourist accommodations on the Balearic Islands in order to compensate the territorial and environmental impact of tourism on Mallorca, Menorca, Ibiza and Formentera. Purposes Environment The first and most important purpose is the protection, preservation and recovery of the…

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Helpful tips on your way to your Mallorca home

Even it goes without saying, some things fall into oblivion in mediterranean climate and from the impression of sun, sand and sea. It gets very quickly hard for you to visit properties which do not meet your expectations in any way, just because the major criteria have not been discussed and identified in advance together…

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Mallorcas most popular property type in the holiday rental market

Not surprisingly, the most attractive property type of holiday guests is the typical mallorquin finca on a big landpot. This is the result of a study by CRES (Steinbeis Institute Center for Real Estate Studies) on behalf of the holiday rental company Porta Holiday. Among other things it stated that the typical holiday finca is…

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