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Vacancy turns green? Calvià plans demolition of two hotels – opportunities and risks for Paguera and Magaluf

How Calvià plans to finance the demolitions

Calvià says the demolition costs of around €1.5 million would come from EU Next Generation funding.

Published: April 21, 2026
Vacancy turns green? Calvià plans demolition of two hotels – opportunities and risks for Paguera and Magaluf

Answer

Who is paying for the demolition work in Calvià?

According to the town hall, the demolition costs are estimated at around €1.5 million and would be financed through the EU’s Next Generation funds. That means the municipality is looking to use European recovery money rather than relying only on local funding. The final budget and the exact spending details still depend on the project process.

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