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Rent Increase Wave 2026: Who Will Still Stay in Palma?

Why Palma Faces a New Rent Pressure Wave in 2026

Many leases expire in 2026, raising fears of sharp rent hikes in Palma and more pressure on long-term residents.

Published: April 22, 2026
Rent Increase Wave 2026: Who Will Still Stay in Palma?

Answer

Why are rent increases in Palma expected to become a bigger issue in 2026?

A large number of rental contracts in the Balearic Islands are due to expire in 2026, and that often gives landlords the chance to reset rents to current market levels. In Palma, this is especially worrying because sharp increases can push out long-term residents, workers and small business staff who already struggle with housing costs. The risk is not just higher rent, but a wider shift in who can afford to stay in the city.

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