Who will be allowed to buy in Mallorca? The dispute over property restrictions
Mallorca’s proposed three-year rule for property buyers
What the proposed residency rule would mean for property buyers in Mallorca and why it is controversial.
Answer
What is the proposed three-year residency rule for buying property in Mallorca?
More questions on this topic
Related follow-up questions from the same article, collected in one place.
Why is buying property in Mallorca such a sensitive issue right now?
Because rising prices are putting real pressure on local housing.
Would a ban on non-residents buying in Mallorca actually solve the housing problem?
It might help in parts of the market, but it would not fix the housing problem on its own.
Is a property purchase restriction in Mallorca legal under EU rules?
The proposal could conflict with EU rules on free movement of capital.
How would authorities check whether a buyer has lived in Mallorca long enough?
Enforcement would be difficult because residency and ownership are not always easy to verify.
What areas of Mallorca are under the most housing pressure?
Palma’s central neighbourhoods are among the areas under the most pressure.
What alternatives to a buying ban are being discussed in Mallorca?
Ideas include vacancy taxes, more affordable housing and support for local buyers.
Could a property ban in Mallorca make rents even higher?
It could, if it reduces the supply of long-term rental homes.
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