If only natural persons are analyzed, one out of every five property owners is foreign. Of the 52,765 residential property owners registered in Ibiza and Formentera, 10,502 are not Spanish nationals, which represents 19.9% of the total, according to Noudiari based on this report.

• Ibiza and Formentera, together with the rest of the Balearic Islands, lead in the purchase of homes by foreigners.

The presence of foreigners varies by municipality: it ranges from 12.26% in the city of Ibiza and almost 30% in Santa Eulària and Sant Joan, to 24.36% in Sant Josep and 20.25% in Formentera.

The scenario is completely transformed when the analysis is extended beyond individual owners and incorporates corporations and other legal entities. Under this approach, foreign ownership reaches 48% of the total: 23,347 of the 52,765 residential owners.

Santa Eulària and Sant Joan lead the ranking, with close to 70% of foreign owners, followed by Sant Josep (57.16%) and Formentera (52.38%), while Ibiza capital and Sant Antoni exceed 30%.

• Green light from the Govern to a key extension for young people to buy a home in Ibiza

These data are consistent with recent statistics on real estate sales and purchases, which place the Balearic Islands among the provinces with the greatest weight of foreign buyers in 2025. The Cadastre allows us to verify that this presence is not limited to recent operations, but is reflected in a cumulative way in the current structure of residential property in Ibiza and Formentera.

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• Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands

• Public housing to be planned in Ibiza under the Plan de Choque announced by Prohens

• Public Housing Shock Plan: 228 million euros to build more than 1,200 apartments by 2026

• Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter

• Marga Prohens presents the Public Housing Shock Plan

• Sant Antoni approves record budget that sets date for the start of housing at limited prices

La entrada 48% of homeowners in Ibiza and Formentera are foreign nationals. se publicó primero en La Voz De Ibiza.

The initiative, promoted by the Executive of the Popular Party, would be introduced by means of an amendment in the decree law of strategic projects, which is currently being processed as a law in the Parliament. This has been explained to OKBaleares by the spokesman of the Government and Minister of Economy, Finance and Innovation, Antoni Costa, who said that the proposal is still under study, as it seeks to reach a consensus with the partners of Santiago Abascal.

Costa stressed that this is a deduction in the IRPF, designed to benefit small owners and not large holders or vulture funds. “It is a tax deduction that would favor those who rent a home as a rent supplement, not large investors,” he said.

The conseller has also recognized the concern of the autonomous Executive for the evolution of the rental market in the Balearic Islands, especially in view of the termination of thousands of contracts next year. Although the Government does not have its own data, beyond those provided by the central government, Costa warned that the situation could lead to significant price increases.

According to data from the Ministry of Consumer Affairs, around 24,000 rental contracts will end in 2025, which could translate into an average increase of up to 4,615 euros per year. These are contracts signed in 2021, coinciding with the de-escalation after the pandemic, which now reach the five-year limit established by the Urban Leases Law, allowing landlords to revise the conditions.

This new housing tax deduction would be added to other measures already implemented this year to encourage permanent housing rental. In the 2024 income tax return, homeowners have already been able to deduct 50% of conservation and repair expenses, as well as tax costs or costs linked to obtaining energy efficiency certificates, with a maximum limit of 1,800 euros.

Likewise, a deduction of 40% of certain expenses has been enabled for those who accept jobs that are difficult to cover in the Balearic Islands, including the cost of acquiring or renting a home and air and sea transport between islands, a measure that benefits, among others, agents of the National Police and the Civil Guard.

Despite these initiatives, the Balearic Islands continues to lead the national ranking of the highest rental prices. According to a study by the real estate portal Pisos.com, 86% of rental properties exceed 1,500 euros per month, compared to 37% of the national average. The report warns that the tourist pressure and the high demand for holiday rentals are making the market more expensive, to the point that there is no offer below 700 euros and only 2% of the properties are between 700 and 1,000 euros, leaving a large part of the resident population without access to affordable rentals.

La entrada The Government proposes deductions of up to 2,000 euros to curb the rise in rent in the Balearic Islands se publicó primero en La Voz De Ibiza.

• The Government does not confirm the Caminando Fronteras figures and recognizes 63 deaths on the migratory route to the Balearic Islands.

Rodríguez has asked Prohens that, if he maintains his refusal to apply the state regulation, he at least allow the municipalities to declare tensioned zones, a measure contemplated in the current legislation and already applied in municipalities such as A Coruña.

“Refusing to apply the state law is giving up effective tools that would alleviate the drama of access to housing in the Balearic Islands,” he said.

Criticizes Prohens for favoring developers

During his appearance, the delegate has demanded that the Balearic Government prioritize subsidized housing (VPO) against those of limited price. In his opinion, the latter benefit developers and speculators, while VPOs guarantee access to a home at fair prices.

Rodríguez recalled that, within the State Housing Plan, the State covers 60% of the cost of each project, while the communities only have to contribute 40%. ” It is an affordable effort that multiplies the social impact of public investment,” he stressed.

752 social rental apartments and 2,900 planned housing units

Mr. Rodriguez has detailed that at present there are 752 social rental apartments under construction in 23 municipalities of the islands, financed in part with 97.7 Million from the Recovery Plan. Besides, the Ministry of Housing has budgeted 71.4 Million through the state plans and another 197 Million through the public company SEPES, now called Casa 47, to which must be added 18 Million in nominative subsidies.

In total, the funds will enable 2,900 new social rental housing units in the Balearic Islands, in addition to promoting 12 sustainable mobility projects, such as the extension of the Palma metro or new bus stops in Ibiza, Menorca and Mallorca.

Economic and social balance of the central government in the Balearic Islands

The delegate has defended that, between 2019 and 2025, state funding to the community has reached historic highs, with an increase of 60.6%. For 2026, the Balearic Islands is expected to receive 4,206 million from the regional financing system, in addition to a fiscal margin of 153.4 million due to the new deficit path.

In social matters, he highlighted:

• 41,600 workers benefited from the increase in the Minimum Interprofessional Wage (SMI).

• An average increase of 360 euros per month in the pensions of more than 200,000 pensioners.

• 27,221 recipients of the Minimum Vital Income and almost 19,000 beneficiaries of the electricity social voucher in the archipelago.

He also referred to the progress made in employment, with a 219% increase in permanent contracts in the last two terms of office, and to the investment of more than 430 million in education, especially in Vocational Training, which has reached record numbers of students.

Boosting infrastructure

Among the projects financed by the State, an investment of three million euros in Ibiza, within the World Heritage Cities Program, stands out, as well as advances in security infrastructures:

• New Civil Guard barracks in Santanyí, with an investment of 7.7 million.

• New National Police station in Maó, whose works will begin in 2026.

La entrada Government accuses Prohens of “favoring developers” and blocking key measures against housing crisis se publicó primero en La Voz De Ibiza.

According to data published this Tuesday by the General Council of Notaries, 1,370 sales transactions were formalized in the archipelago during the month of October, which represents a 7.6% decrease compared to the same period last year. Of these transactions, 1,097 corresponded to apartments and 273 to single-family homes.

The price increase in the Balearic Islands was clearly below the national average, which stood at 6.7% year-on-year, and far behind the strong rises recorded in other communities such as Cantabria (20.4%), Navarra (17.2%), Asturias (16.4%) or the Valencian Community (14.2%).

• The price of new housing hits a new record in the Balearic Islands and worsens access to purchase in Ibiza

The most expensive housing in Spain

Despite this slower growth, the islands continue to clearly lead the price ranking. The Balearic Islands are followed by the Community of Madrid, with 3,549 euros/m², the Basque Country ( 3,027 euros/m²), Catalonia (2,278 euros/m²) and the Canary Islands (2,055 euros/m²).

• Vicent Marí’s hard hand on housing: downsizing, residents first, housing for workers and zero tolerance for squatters in Ibiza

The gap with the most affordable communities continues to widen. With the average cost of a home in the Balearic Islands, in October it would be possible to buy more than six homes in Extremadura (627 euros/m²), five in Castilla y León (806 euros/m²) or four in Castilla-La Mancha (1,006 euros/m²).

Differences between apartments and houses

By type, the price of apartments in the Balearic Islands reached 3,981 euros per square meter in October, representing a year-on-year increase of 6.7%. In contrast, single-family homes stood at 4,451 euros/m², down 2.7% on the previous year.

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Homes that changed hands in the Islands had an average surface area of 123 square meters, 2.6% more than a year ago. In the case of apartments, the average was 97 square meters, 4.6% less, while single-family homes reached 220 square meters, up 14.1%.

Rebound in mortgages and business start-ups

The Notary’s report also reflects a strong growth in mortgage loans in the Balearic Islands. In October, 666 mortgages were formalized for the purchase of a home, 20.2% more than a year earlier, well above the national average increase of 6.7%.

The average amount of mortgages rose to 330,191 euros, a year-on-year increase of 25.6%, in line with the high cost of the Balearic real estate market.

In parallel, business activity also showed signs of dynamism. During October, 482 new companies were incorporated in the Balearic Islands, 22.8% more than in the same month of 2024. However, the average capital of these new companies stood at 15,402 euros, 1.6% less in year-on-year terms.

La entrada Fewer sales, prices at record highs and more mortgages: this is how October was for housing in the Balearic Islands se publicó primero en La Voz De Ibiza.

These homes are distributed in 20 municipalities of the Balearic Islands, although most of them are concentrated in Palma, where 39 of the rented apartments are located. The average surface area of the properties is 99.61 square meters, a typology that the Government considers adequate to offer rents below the usual prices of the free market.

The cost assumed by the Administration is higher than that paid by tenants. The average price paid to owners is 1,370.39 euros per month, a difference that the Govern justifies as an incentive to attract housing to the rental market with public guarantees, according to Menorca.info.

The Conselleria d’Habitatge recognizes that the deployment of the program is still limited and much lower than the initial forecasts, although they defend its effectiveness in incorporating apartments at reasonable prices and with the added security of administrative supervision. The plan seeks to give confidence to reluctant owners for fear of non-payment or deterioration of the properties.

The conseller d’Habitatge, José Luis Mateo, argues that the Lloguer Segur is an immediate solution while structural housing policies are developed. In this sense, he recalls that the Government plans to build 700 public housing units next year, which will be managed by Ibavi for affordable rent.

La entrada Lloguer Segur tenants pay 959 euros on average for three-bedroom apartments in the Balearic Islands se publicó primero en La Voz De Ibiza.

The Popular Party has registered in the Parliament a Proposition Not of Law (PNL) to urge the president of the Congress of Deputies, the socialist Francina Armengol, to immediately unblock the Proposition of Organic Law against the illegal occupation of homes and premises, approved in the Senate and paralyzed since February 2024.

PP accuses Armengol of “blocking” the protection of property owners

In a press release, the PP spokesman in the Parliament, Sebastià Sagreras, argues that Armengol is blocking a rule that “protects owners and neighbors” and denounces that this situation leaves thousands of citizens unprotected while increasing cases of illegal squatting and ‘inquiokupación’ in the Balearic Islands.

According to the PP, the law promoted in the Senate would make it possible to speed up evictions in a period of up to 24 hours, strengthen criminal sanctions and apply complementary measures such as the prohibition of registering in occupied dwellings and tax benefits for those affected.

“The legitimate effort of families to access housing cannot be violated by squatting and the passivity of those who have the obligation to process the law,” says Sagreras, who insists that the initiative does not question social housing policies, but seeks to protect those who comply with the law.

Marí: “Without clear rules, the small owner will not rent again”.

The PP’s criticisms coincide with the diagnosis expressed by Vicent Marí in interviews published on Sunday in Diario de Ibiza and Periódico de Ibiza y Formentera, in which he directly links the lack of legal security with the withdrawal of homes from the rental market in Ibiza.

“The solution is not only to build more, but also for empty homes or those that disappear from the illegal market to be used again for residential rental. For this, it is essential that there is legal certainty,” says the president of the Consell.

Marí warns that, without clear rules that allow evicting a property in case of occupation or non-payment, many small owners with bad experiences choose not to rent: “If there is no legal framework that prevents them from taking years to recover their property, they will not put it back on the market. Today, we have a lot of empty properties in Ibiza”.

La entrada PP offensive against the Government’s permissiveness towards squatting and the legal insecurity for landlords se publicó primero en La Voz De Ibiza.

• The ‘coliving’ type housing for young people planned in Ibiza

The request has been sent to the Insular Directorate of the General Administration of the State in Ibiza and Formentera, whose consent is necessary to register the plot in the municipal name in the Land Registry, where the State is listed as the owner, according to Diario de Ibiza.

The Local Government Board definitively approved the reversion of the site on February 21, 2025, after noting the non-fulfillment of the purposes of the free transfer agreed in 2020 for the construction of the new headquarters of the Insular Directorate of the State, a project whose works were never started.

• The Isidor Macabich site to be transformed into youth housing: the ambitious plan of Ibiza’s mayor

The site, which for years functioned as a municipal warehouse, was ceded after the demolition in 2015 of the old Isidor Macabich building due to risk of collapse, while the Insular Directorate of the State continues to be currently located in the Casa del Mar, in the port of Ibiza.

The action is part of the municipal housing policy for young people included in the 2026 budgets, which provide for an investment of more than two million euros, with 2.37 million coming from European funds, for public housing and coliving projects, the rehabilitation of buildings and the conversion of commercial premises in different parts of the city.

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• APB’s impossible mission in Ibiza: 50,000 square meters of industrial land not contemplated in the DEUP

• The Special Plan for the Port of Ibiza obsolete before being approved: Ports seeks plot for future Logistics Activities Zone

• When asking for help is not possible: Ibiza activates a team to assist street people in severe exclusion

• Gaining ground to the sea, one of the three actions to improve merchandise operations at the port of Ibiza

La entrada Ibiza starts the process to recover the Isidor Macabich site to be used for ‘coliving’ housing for young people se publicó primero en La Voz De Ibiza.

According to data provided by the specialized real estate company Walter Haus, both the Balearic archipelago and the Andalusian coast have registered operations that have exceeded 20 million euros, driven by international demand with high purchasing power.

Together with Ibiza, Palma and the port of Andratx are among the most exclusive locations in the Balearic Islands, while in Andalusia, enclaves such as Marbella, Estepona or Benahavis stand out. In all these locations, prices can reach or even exceed 15,000 euros per square meter in the luxury housing segment.

Madrid, Barcelona and the Costa Brava concentrate close to 50% of the buyer interest, with prices ranging between two and four million euros, although some operations exceed ten million. In these large cities, demand remains stable and prices in the prime market exceed 10,000 euros per square meter.

The remaining 10% of the interest is distributed between the Valencian coast and the Cantabrian coast, where transactions have an average value of between one and three million euros.

Nationally, Walter Haus has detected a 30% year-on-year growth in interest from buyers from Europe, Latin America and the Middle East. In the case of the Balearic Islands and Ibiza in particular, this international profile is mainly looking for “unique properties”, either in front of the sea or in exclusive residential complexes, which continues to push up prices in the most sought-after enclaves.

La entrada Ibiza consolidates its position as one of the most expensive areas in Spain to buy a luxury home se publicó primero en La Voz De Ibiza.

This reality was exposed this Thursday at an event in which the entity presented a new series of conferences on housing, which will be held between January and March and which aims to go beyond the diagnosis to move towards concrete proposals.

• The plenary of Ibiza awards the water and sewage service and unlocks more than 200 public housing units

According to the press release issued by the COAIB, Ibiza has had a structural housing problem for decades, which has been aggravated by population growth, tourist pressure and the consolidation of a real estate market oriented to luxury and second homes. The population has grown from about 70,000 inhabitants in the early nineties to about 165,000 today, without the residential park and infrastructure have grown at the same pace.

The Architects’ Association warns that the existence of a large number of vacant homes is largely due to the legal insecurity of small owners, who choose not to rent their properties. At the same time, situations that were previously considered exceptional, such as seasonal evictions, the rental of non-habitable spaces or the proliferation of substandard housing and precarious settlements, have become normalized.

• Housing crisis in Ibiza: the Parliament rejects the extension of an ITP rebate

Faced with this scenario, the COAIB’s Ibiza and Formentera branch has decided to promote the cycle ‘The challenge of housing in Ibiza: from reflection to proposal’, with the aim of generating a technical, social and institutional debate that will allow progress towards realistic solutions. The program will feature four presentations by professionals from different fields and will culminate with a round table with the participation of public administrations, social entities and economic agents.

The cycle will start on January 16 at the Auditorium of Sant Antoni de Portmany with an intervention of IMA Lab (Laboratory of Sustainable Transformation). On January 30, journalist and essayist Jorge Dioni López will give a lecture at the Centro Cultural de Jesús. On February 27, architect Jin Taira will speak at the Auditori de Caló de s’Oli, while Estruch Martorell will do the same day at the COAIB headquarters in Can Llaneres. The program will close on March 13 with a round table at the Club Diario de Ibiza.

• The ‘coliving’ type housing for young people planned in Ibiza

The president of the Demarcation of Ibiza and Formentera COAIB, Lluís Oliva, stresses that the housing problem can not be solved immediately, but insists on the need to start acting. “We cannot solve in a short time what has been decades in the making, but it is essential to lay the groundwork to reverse this situation,” he says.

From the COAIB insist that the combination of empty homes, unaffordable prices and scarce public housing shows the need to rethink the residential model of Ibiza, and hope that this series of conferences will serve as a starting point for a change of course.

Continue reading:

• APB’s impossible mission in Ibiza: 50,000 square meters of industrial land not contemplated in the DEUP

• The Special Plan for the Port of Ibiza obsolete before being approved: Ports seeks plot for future Logistics Activities Zone

• When asking for help is not possible: Ibiza activates a team to assist street people in severe exclusion

• Gaining ground to the sea, one of the three actions to improve merchandise operations at the port of Ibiza

La entrada The COAIB warns that 20% of Ibiza’s homes are empty in the midst of a housing crisis se publicó primero en La Voz De Ibiza.

• The plenary session of the Ibiza City Council gives the green light to the 2026 budget, of almost 99 million euros

Councilman Rubén Sousa explained that the new contract contemplates 17 million euros in investments over the next eight years, with 49 actions planned in the first years, mainly focused on the improvement of supply, sanitation and rainwater network infrastructures. Among the first areas where work will be carried out are ses Figueretes, where there is no rainwater network and the sewage system is very old, as well as Can Misses, in Es Cubells street. Also included is a hydrogeological study to evaluate the most urgent preventive actions in the capital.

Following this agreement, the City Council will proceed with the formalization of the contract, which will mark the beginning of a new stage in the management of the service with the aim of improving its efficiency, sustainability and quality. The agreement will be published in the municipal Contracting Profile and in the Public Sector Contracting Platform, in compliance with transparency regulations.

• Santa Eulària strengthens its municipal staff with the incorporation of 15 new professionals

More than 200 homes on municipal land

In the same plenary session, the City Council gave a new impulse to the plan ‘Ibiza, a city to live in’ with the definitive approval of the transfer of two municipal lands to the Balearic Housing Institute (IBAVI), located in the streets Sant Francesc de ses Salines, 15, and Canarias, 16. In these plots the construction of more than 200 houses is planned, which will be incorporated to the autonomic program ‘Build to rent’.

The bases of the procedure will give priority to people registered in Ibiza with at least ten years of continuous residence, with a specific reserve for people under 35 years of age. In addition, the specifications establish that the Town Hall will receive the use of the first floor premises built in both developments free of charge, which will be incorporated into the municipal assets to be used for public facilities or services.

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Grants, ordinances and other agreements

The Plenary also approved the Strategic Plan of Subsidies of the City Council of Eivissa, its autonomous bodies and the Eivissa World Heritage Consortium for the year 2026. The subsidies for competitive concurrence amount to 841,000 euros, while the nominative subsidies total seven lines. In the Patronato Municipal de Deportes, 465,000 euros will be allocated to competitive grants and 470,944 euros to nominative grants.

Likewise, the modification of the tax ordinance regulating the fees for the collection of vehicles from public roads was provisionally approved. During the session, a sanction for serious infringement of the animal protection ordinance, imposed in June 2025, with an amount of 300.01 euros, for not cleaning up the organic remains of a pet on the public road, was also reported. The Welfare Department reiterated the obligation to pick up the feces and clean up the urine to avoid the deterioration of the urban furniture and to guarantee the hygiene of the public thoroughfare.

Emergency contracts by DANA

Lastly, the Plenary took stock of the emergency contracts awarded by verbal contracting as a result of the torrential rains and floods recorded last October. Between October 1 and 31, 332,680.94 euros were allocated to urgent actions for the restoration of normality, charged to the item ‘Urgent repairs to damage DANA’.

The companies awarded the contracts and the corresponding amounts were as follows:

• Valoriza, 102,562.59 euros

• Parrot Brothers SA, 7,233.56 euros

• Eulen S.A., 4,681.01 euros

• Islasfalto SL, 12,593.37 euros

• Edison Next Spain SLU, 9,913.60 euros

• FCC Aqualia, 49,156.25 euros

• Agloisa, 7,218.07 euros

• Islasfalto SL, 49,480.48 euros

• Tecopsa, 85,539.25 euros

• Hermanos Parrot SA, 4,302.76 euros

La entrada The plenary of Ibiza awards the water and sewage service and unlocks more than 200 public housing units se publicó primero en La Voz De Ibiza.

The initiative arises from the forecast that, according to data from the Ministry of Consumer Affairs, about 24,000 rental contracts will end next year in the Balearic Islands, which could lead to an average increase of up to 4,615 euros per year in rental prices. A situation that has generated concern in the opposition and has focused part of the parliamentary debate.

• The rent does not give truce in Ibiza and marks one of the highest rises in the country

Incentivizing rather than limiting

During his speech, the minister defended the Government’s strategy against the criticism of the PSIB, stressing that the regional executive is committed to encourage and not prohibit. “This Government will adopt new measures in the face of the rent review. We are committed to encourage, not to limit the market supply,” said Mateo.

• The ‘coliving’ type housing for young people planned in Ibiza

In this regard, he advanced that the Regional Ministry of Economy, Finance and Innovation is already working on a specific tax deduction for owners who maintain rental prices in contracts ending in 2026. The objective, as he explained, is to contain prices without causing counterproductive effects, such as those that, in his opinion, derive from direct market intervention.

Criticism of Consumption data

Mateo has also questioned the figures provided by the Ministry of Consumer Affairs, describing as “not serious” that the PSIB uses data that, as he recalled, have been rejected by the Minister of Housing, Isabel Rodriguez. This exchange of statements has evidenced the political tension surrounding the management of the housing crisis in the Balearic Islands.

• “We can’t afford 2,500 euros”: the cry of an Ibiza family drowning in rent hell

Other housing measures

Beyond the future tax deduction, the minister used his speech to defend the set of measures promoted by the Government to facilitate access to housing and contain rental prices. “We are putting all the tools at our disposal, studying legally viable and effective measures to solve a problem that has been brewing for years,” he said.

• Urban planning amnesty in Ibiza: only two files approved out of more than 200 submitted to regularize illegal construction works

Among these actions, Mateo highlighted the Strategic Residential Projects (PRE), one of the initiatives most questioned by the opposition, which doubts that they can materialize before the end of the legislature. The councilor has responded by assuring that two PRE have already entered the City Council of Palma and that there are three others in the pipeline, which would allow the construction of more than 4,000 homes, of which 2,000 would be affordable for residents.

“We are fully aware of the complexity of the situation, but we act seriously and with viable measures,” Mateo concluded, reaffirming the Government’s roadmap in one of the main social concerns of the Balearic Islands.

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• Rent expenses: the Supreme Court clears doubts on IBI and garbage with a case from Ibiza

• APB’s impossible mission in Ibiza: 50,000 square meters of industrial land not contemplated in the DEUP

• The Special Plan for the Port of Ibiza obsolete before being approved: Ports seeks plot for future Logistics Activities Zone

• When asking for help is not possible: Ibiza activates a team to assist street people in severe exclusion

• Gaining ground to the sea, one of the three actions to improve merchandise operations at the port of Ibiza

• The rent cap that punishes Ibiza and Formentera: the reason why they are excluded from public support

La entrada The Govern prepares a tax deduction to curb the rise in rents in 2026 se publicó primero en La Voz De Ibiza.

This worsening places the Balearic Islands as the province with the greatest deterioration of credit risk among the six with more weight in the construction sector, ahead of Malaga and Madrid. Specifically, Balearic construction companies account for 7% of the national fabric, a significant proportion compared to Madrid (16%) or Barcelona (11%), according to the same study, to which Europa Press has had access.

At the national level, 42% of construction companies have a maximum or high risk of default, which is a slight worsening compared to the data recorded in 2024. The report stresses that the behavior of the sector continues to be conditioned by the lack of skilled labor, the difficulties in accessing financing and the loss of dynamism in new building permits, factors that also directly affect the Balearic Islands and the real estate market as a whole.

The impact of the rising cost of construction materials continues to put pressure on companies’ commercial margins, a circumstance that aggravates the financial fragility of the sector, especially among smaller companies. This context is particularly sensitive in island territories such as the Balearic Islands, where logistics cost overruns add additional pressure to the construction business.

Atomization of the sector

The Iberinform study also highlights the strong atomization of the sector, since 97% of construction companies are micro or small companies, while large companies account for barely 0.3% of the total. This business structure explains, in part, the greater exposure to the risk of non-payment, as they have less financial capacity to absorb cost tensions or drops in activity.

By territories, the Balearic Islands leads the deterioration of credit risk among the main provinces of the sector, followed by Malaga, where 56% of the companies present a high risk, and Madrid, with 47%. On the opposite side, the lowest levels of risk are recorded in Murcia (36%), Alicante and Seville (38%) and Barcelona (40%), according to the report’s data.

The age of the companies is also a key factor in the level of risk, since 54% of the construction companies have been in business for less than ten years. In this group, 51% are at maximum or high levels of default, while the percentage drops to 31% among companies with a history of between 11 and 25 years, and stands at 32% among those with more than 25 years of activity, which shows the importance of business consolidation in the sector.

La entrada High risk of non-payment among construction companies in the Balearic Islands se publicó primero en La Voz De Ibiza.

• “We can’t afford 2,500 euros”: the cry of an Ibiza family drowning in rent hell

The motion requested that the Government apply the provisions of state legislation and declare stressed areas in all those municipalities that meet the requirements, in addition to allowing the municipalities that request it to activate this regulation. The Executive, in that case, should accept their request.

Unsuccessful proposals

The text also called for legislation to regulate seasonal and room rentals, as well as to modify the regional housing law to allow the right of first refusal in auctions of entire buildings. It also urged the Government to define objective criteria for selecting tenants for the Build to Rent and Secure Rent programs, to promote an autonomous pact for housing and to present a timetable for the fulfillment of its commitments in housing matters.

• Formentera grants more than 60,000 euros in rental subsidies to resident families

Three more points were added to the motion, all of which were also rejected by the House. Among them were that the homes in the Secure Rental program must be rented for a minimum of ten years; that Ibavi act as an intermediary in this program; that the Govern offer public guarantees to owners who rent below the state reference price; and that tax deductions be enabled as long as there are no stressed areas.

The only agreement: accelerate public housing

The only point approved -with the support of the PP and the left-wing parties- was the one that urges the Govern to accelerate the construction of public subsidized housing in the new developments announced in recent months. This aspect concentrates one of the few consensuses in the Chamber regarding the need to increase the public housing stock.

• The rent cap that punishes Ibiza and Formentera: the reason why they are excluded from public support

A debate marked by political tension

During the defense of the initiative, the socialist deputy Carol Marqués warned that housing “has become a luxury for a few” and that current prices leave “desperate families” who are considering leaving the Balearic Islands. “Declaring stressed areas is not a whim, but a tool to curb abusive prices,” she said, recalling that “many mayors have requested it.”

From MÉS per Mallorca, Ferran Rosa denounced that “thousands and thousands of people do not make ends meet” because the rent is unaffordable and criticized that the Government “has not taken any measures to protect them”.

The PP defended its rejection. The deputy Margalida Pocoví assured that these measures “do not work”, since -she argued- they cause owners to withdraw their homes from the market, reducing the supply. She also accused the PSIB of not having built the 15,000 subsidized housing units promised during Francina Armengol’s term.

For her part, the spokeswoman for Vox, Manuela Cañadas, said that the Socialist motion “does not seek to provide solutions”, but to “wear down the Govern” and apply “failed models” which, she said, have aggravated the problem in other regions. In her opinion, the key is to “free up land, facilitate private initiative and return to the market the housing that is not available today”.

Continue reading:

• Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands

• Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter

• Sant Antoni approves record budget that sets date for the start of housing at limited prices

• Home mortgages rise 17.6% in the Balearic Islands in September, above the national average

• Ibavi will build eight public housing units in the old Mercat Pagès: this is what the new development for residents in Ibiza will be like.

La entrada Parliament overturns the declaration of stressed areas and rules out capping rents in the Balearic Islands se publicó primero en La Voz De Ibiza.

These subsidies, aimed at individuals residing in Formentera, seek to reinforce the protection of family units with greater residential vulnerability, in a context marked by the difficulty of access to housing.

New scoring system to allocate grants

This year’s call for applications has incorporated a new award criterion, replacing the previous model with a scoring system based on the socioeconomic characteristics of each cohabitation unit.

This change, according to the Consell, makes it possible to adjust aid to the real needs of each household, ensuring that those with greater economic difficulties receive support proportional to their situation. The measure also improves the effectiveness of social policies by directing public resources towards the most vulnerable profiles.

Conseller Mayans pointed out that the new scale “is better adjusted to the current reality“, as it not only takes into account income, but also the real costs of renting and the different personal circumstances of the applicants. “This approach allows us to adapt the amounts to the current state of the housing market and to the specific needs of the beneficiaries,” he added.

Up to 40 % of the rent and a maximum of 3,000 euros

The grants can cover up to 40% of the monthly rental price, with a limit of 3,000 euros per year per beneficiary. This line of support is part of the Strategic Subsidy Plan 2024-2025, approved by the Plenary of the Consell.

In the 2023 call for applications, 32 applications were received, of which 22 were approved and 10 were denied for not meeting the established requirements. The amounts granted range from 1,641 to 3,000 euros, determined by the score obtained according to the income, length of time on the census, the cost of rent and the family situation of each applicant.

La entrada Formentera grants more than 60,000 euros in rental subsidies to resident families se publicó primero en La Voz De Ibiza.

• Green light from the Govern to a key extension for young people to buy a home in Ibiza

The report also places the Balearic Islands among the territories with the highest transaction prices, whether carried out by individuals or legal entities. In the latter case, transactions carried out by companies reached an average price of 3,137 euros per square meter, the highest in the country.

In the private buyer segment, the Balearic Islands appears together with the Basque Country as the most expensive region, with an average price of 2,484 euros/m², a figure that evidences the strong increase in the price of housing in the archipelago and its status as a high demand market.

• Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands

By type of buyer, 86% of the sales registered between 2007 and 2025 were made by individuals, while the remaining 14% corresponded to legal entities, a distribution that reflects the preponderance of private buyers in the Spanish real estate market.

In the specific case of transactions carried out by companies, the study shows that 9% corresponded to foreign companies, compared to 91% of national origin. This data confirms that the international presence also extends to the corporate sphere, although with a much lower weight than in the case of individual buyers.

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• Public housing to be planned in Ibiza under the Plan de Choque announced by Prohens

• Public Housing Shock Plan: 228 million euros to build more than 1,200 apartments by 2026

• Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter

• Marga Prohens presents the Public Housing Shock Plan

• Sant Antoni approves record budget that sets date for the start of housing at limited prices

La entrada Ibiza and Formentera, together with the rest of the Balearic Islands, lead in the purchase of homes by foreigners. se publicó primero en La Voz De Ibiza.

While Mallorca concentrates 6.6 million and Menorca 1.6 million -with 2,862 and 732 beneficiaries respectively-, Ibiza only receives 780,000 euros for 291 people. In Formentera the figure is even lower: only 141,300 euros and 57 beneficiaries.

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Rent cannot exceed 900 euros

Why do Ibiza and Formentera, where rental prices are the highest in the archipelago, receive so little? From the Conselleria de Vivienda they explain that the key is in the own state regulation that regulates these aids.

The calls of the State Housing Plan, managed and financed in part by the Ministry of Housing and Urban Agenda, only allow to subsidize rents up to 900 euros per month. This ceiling, which does not depend on the Govern, automatically leaves out the vast majority of tenants in Ibiza and Formentera, where finding housing below that amount is practically impossible.

• Green light from the Govern to a key extension for young people to buy a home in Ibiza

Official sources of the Conselleria clarify that “the limit of 900 euros is established by the Ministry and affects especially Ibiza and Formentera, where there are fewer and fewer homes below that price. It is something that we have demanded on numerous occasions to the central government”.

The Conselleria insists that this problem is not new and that the Conseller José Luis Mateo has denounced it publicly on repeated occasions.

Menorca, the island with the highest number of beneficiaries for the second consecutive year

The contrast with Menorca is remarkable: 732 beneficiaries compared to 291 in Ibiza, despite having less population and more moderate prices. According to the Conselleria, this is explained precisely because in Menorca there are still houses with prices eligible for aid, contrary to what happens in the Pitiusas.

• Only 348 families in Ibiza and Formentera have access to the 2024 rental subsidies: the Government claims to raise the 900 euros ceiling.

State regulations thus penalize the islands with the most stressed real estate markets: the higher the rental price, the lower the access to public aid.

The Govern calls for raising the limit in the next State Housing Plan

The Conselleria claims to have repeatedly asked the Ministry that the new State Housing Plan 2026-2030 -currently under negotiation- raise the limit of 900 euros to adapt it to the Balearic reality.

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The objective is to allow thousands of families in Ibiza and Formentera to finally have access to these aids. For now, the decision depends exclusively on the central government.

Continue reading:

• Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands

• Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter

• Sant Antoni approves record budget that sets date for the start of housing at limited prices

• Home mortgages rise 17.6% in the Balearic Islands in September, above the national average

• Ibavi will build eight public housing units in the old Mercat Pagès: this is what the new development for residents in Ibiza will be like.

La entrada The rent cap that punishes Ibiza and Formentera: the reason why they are excluded from public support se publicó primero en La Voz De Ibiza.

• Public housing to be planned in Ibiza under the Plan de Choque announced by Prohens

• Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands

Sources from the Department of Economy, Finance and Innovation explained to La Voz de Ibiza that the total or partial exemptions from ITP are still fully in force – 100% for those under 30 years of age and 2% for buyers between 30 and 36 – and that the extension of the maximum price is already planned, but its application will depend on the data from the Housing Observatory.

“The increase to 378,000 euros will be made in the near future when the Housing Observatory determines the specific areas where the 40% increase allowed by law can be applied. What is a fact is that in Ibiza this ceiling will be updated, but we do not know when,” they said from the Conselleria.

• Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter

A change that has been dragging on since the start of the year

The issue is not new. In January, this newspaper published that the Government was studying to increase the maximum value of the subsidized properties to adapt it to the areas classified as “especially stressed”, among them Ibiza. Then, the Vice President and Minister of Economy, Antoni Costa, had already advanced the intention to raise the ceiling to 350,000 euros “in a surgical way”.

However, the Autonomous Executive now recognizes that the final reference will be the legal maximum of 40%, which places the limit at 378,000 euros.

Ibiza, an inaccessible market with the current ceiling

The current limit of 270,151 euros left out the vast majority of young buyers in Ibiza, where the price per square meter is well above the Balearic average. With the new ceiling, the Conselleria expects to significantly increase the number of properties to which it will be possible to apply the total exemption or the reduced taxation of 2%.

Meanwhile, the existing subsidies continue to add beneficiaries: up to November, 2,418 people from the target groups had taken advantage of them, according to data provided by the Government itself.

Awaiting the Observatory

The key now lies in the Housing Observatory, whose analysis will serve to determine in which municipalities or areas of the Balearic Islands -Ibiza among them- the extension can be applied. The Conselleria insists that the measure will not require the approval of any law, but a regulatory development, which will facilitate its entry into force once the data is available.

Until then, the only certainty is that the Government considers the upgrade of the roof in Ibiza to be a done deal, but without a specific date.

La entrada Green light from the Govern to a key extension for young people to buy a home in Ibiza se publicó primero en La Voz De Ibiza.

• Public housing to be planned in Ibiza under the Plan de Choque announced by Prohens

Abini expressed his support for the regional plan, which contemplates 228 million euros to build more than 1,000 public housing units by 2026 within the package of 1,213 properties planned for the archipelago. The entity underlined that this action constitutes the biggest historical bet on public housing in the islands, a measure that he described as “ambitious, necessary and urgent“.

The underlying problem: lack of supply

The sector remarked that the shortage of residential supply is a “fundamental” element to understand the tension in the market. For decades, they explain, demand has increased considerably, while housing production has not grown at the same pace, generating sustained pressure on prices and accessibility.

“Real commitment” and administrative streamlining

The president of Abini, Daniel Arenas, appreciated that the plan “is not just a declaration of intentions“, but represents a concrete commitment, with identified and scheduled projects. He stressed that the Balearic Islands “need more affordable housing“, but also certainties, administrative agility and a fluid collaboration between the public and private sectors.

Priority for residents and public-private cooperation

Abini’s requests include maintaining priority access for long-term residents, as proposed by the regional government. The association considers that this measure is key to ensuring that new housing “reaches those who really need it“.

The employers’ association also defended that developers, SMEs, professionals and administrations work “in a coordinated way” to make the deployment of the plan viable. It recalled that the private sector has the “will, means and responsibility” to participate in the development of the projects.

Industry experience and sustainability

Abini stressed that the technical experience and execution capacity of the real estate sector can contribute to the fact that the planned housing “will not remain just figures”, but will become real homes for families, young people and professionals in the Balearic Islands. The entity valued the initiative as a “firm step” towards the normalization of the residential market, insisting that the process must maintain criteria of sustainability, respect for the environment and economic dynamization.

La entrada Real estate companies demand urban planning guarantees in the largest housing plan in the Balearic Islands se publicó primero en La Voz De Ibiza.

This escalation means that a standard 80 square meter home now costs an average of 416,491 euros in the islands, an amount that consolidates the Balearics as one of the most stressed real estate markets in the country.

• Marga Prohens presents the Public Housing Shock Plan

Increases in 16 out of 17 municipalities analyzed

The increase in prices extends practically throughout the community. Fotocasa points out that 16 of the 17 municipalities analyzed recorded year-on-year increases, some of them particularly intense.

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Seven locations exceed 20% increase in price in just one year:

• Inca: +42.9%.

• Manacor: +34.1%.

• Fields: +31.9%.

• Sant Josep de sa Talaia: +22.7%.

• Son Servera: +22.5%.

• Ciutadella de Menorca: +22.3%.

• Felanitx: +21.8%.

The only exception to the upward trend is Alcúdia, which recorded a drop of 1.6% year-on-year.

• “You go to Thailand and I pay your rent”: outrage in networks over winter housing in Ibiza

Ibiza and Santa Eulària, among the most expensive areas in Spain

As for the absolute price per square meter, several locations in the Pitiusas and Mallorca are well above the 6,000 euros/m² barrier, ranking among the most expensive in the country.

The highest figures correspond to:

• Santa Eulària des Riu: 8.666 €/m².

• Ibiza: 7.553 €/sqm

• Sant Josep de sa Talaia: 7.392 €/m².

• Andratx: 7.291 €/m²

• Sant Antoni de Portmany: 7.054 €/m².

• Fields: 6,823 €/sqm

• Calvià: 6.594 €/m².

These areas are consolidating their position as some of the most demanding real estate markets in Spain, driven by high demand, scarcity of land and sustained international buyer interest.

• Ibavi will build eight public housing units in the old Mercat Pagès: this is what the new development for residents in Ibiza will be like.

A sustained increase that strains housing affordability

The data reflect the upward trend of recent years and once again highlight the difficulties of access to housing for residents and workers, especially in Ibiza and Mallorca, where prices far exceed the average purchasing power.

The real estate industry attributes this dynamic to a combination of supply shortages, tourism pressure, foreign interest, and lack of affordable housing, factors that continue to push prices to record highs.

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La entrada Buying in Ibiza, increasingly difficult: used housing prices are close to 7,600 euros per square meter se publicó primero en La Voz De Ibiza.

The homes, ranging in size from 87 to 152 sqm, stand out for their brightness, double orientation and private terraces. The architectural proposal prioritizes energy efficiency and high-end finishes, including fully equipped kitchens, double glazing and materials selected to maximize comfort and durability. Each unit also comes with a storage room and parking space.

The complex offers a communal saltwater swimming pool surrounded by landscaped gardens, a residents’ gym, electric vehicle charging points and the option to integrate home automation systems. The development boasts a B energy rating and a modern design focused on sustainability.

In terms of location, Es Viver has established itself as one of the most sought after areas to live or invest in Ibiza. The development is located just minutes from the center of Vila, Playa d’en Bossa and some of the most emblematic beaches in the area. Within a radius of 10 kilometers there are private schools, medical centers, supermarkets, shopping areas and seven beaches.

Among the typologies on offer are a 3-bedroom garden apartment for 690,000 euros (already reserved), a 2-bedroom penthouse available for 698,000 euros and a 3-bedroom apartment from 624,000 euros.

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La entrada New development in Ibiza: apartments starting at 624,000 euros coming to Es Viver se publicó primero en La Voz De Ibiza.

The capital loaned for the purchase of homes amounted to 324.3 million euros, which is 17.95% more than in September 2024. Compared to August, the capital granted also grew notably, with an increase of 34.5%, reflecting a clear reactivation of the Balearic mortgage market.

• Ibavi will build eight public housing units in the old Mercat Pagès: this is what the new development for residents in Ibiza will be like.

More than 1,400 mortgages in total

If all properties are taken into account, the Balearic Islands registered 1,421 mortgages in September, with a total disbursement of 603.55 million euros. Of these operations:

• 44 corresponded to rural properties.

• 1,377 to urban properties, of which:

  • 1,149 were homes,

  • 22 plots,

  • 206 other types of real estate.

With regard to changes in existing mortgages, 13 subrogations were made to the creditor (change of bank) and 55 subrogations to the debtor (change of holder). In addition, 275 mortgages modified their conditions, most of them(207) by means of a novation, i.e., a renegotiation with the same bank.

• Sant Antoni will allocate 500,000 euros to buy a plot of land to build housing at limited prices

Cancellations exceed 1,500

In parallel to the increase in new signings, the archipelago also recorded 1,555 cancellations of mortgage loans on properties :

• 793 cancellations of home mortgages,

• 64 on rural properties,

• 670 of other urban properties,

• 28 on plots of land.

• Secure Rentals, stagnant in Ibiza: barely a handful of homes taken after one year

Balearic Islands, among the fastest growing communities

The increase in home mortgages was generalized in all the autonomous communities, although the Balearic Islands was in the middle range of the ranking. The highest growth rates were recorded in:

• La Rioja ( +33.87%)

• Murcia (+30.55%)

• Cantabria (+27.30%)

At the opposite end of the spectrum were:

• Canary Islands (+0.16%)

• Castilla y León (+1.72%)

• Andalusia (+6.34%)

As for the amount loaned, it also increased in all regions. The largest increases were in:

• Cantabria (+57.56%)

• Murcia (+53.98%)

• Asturias (+40.22%)

While more moderate rises were led by:

• Canary Islands (+15.25%)

• Castilla-La Mancha (+16.62%)

• Balearic Islands (+17.95%)

The INE data confirm a recovery trend in mortgage lending in the Balearic Islands, despite the economic context of high interest rates in recent months, and place the archipelago among the communities with the highest volume of transactions per population.

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• “You go to Thailand and I pay your rent”: outrage in networks over winter housing in Ibiza

• The new Lloguer Segur plan seeks to mobilize vacant housing: the Govern will approve it before Christmas

• Consell and municipalities sign housing agreements for 3 million to expand aid and public housing stock

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La entrada Home mortgages rise 17.6% in the Balearic Islands in September, above the national average se publicó primero en La Voz De Ibiza.

The development contemplates the construction of eight subsidized housing units for rent, located at 18 Vicent Serra i Orvay Street, on a 245 square meter lot with a maximum buildable area of 904.87 m² distributed over five floors plus attic. The project will include six two-bedroom dwellings -one of them adapted for people with disabilities- and two three-bedroom duplexes that will occupy the fourth floor and the attic. The estimated budget is 1.8 million euros.

This will be the first of two developments that the City Council has ceded to Ibavi in the municipality, along with the future construction of 51 public housing units in Can Cantó, preferably for people with more than ten years of residence in Ibiza. The action is part of the express procedure contemplated in the new Law 4/2025, which expedites the processing of public housing projects declared to be of regional interest.

A boost that adds up to almost 300 new Ibavi homes in Ibiza

The Mercat Pagès development is the first of six planned by Ibavi on the island, four of them on plots of land ceded by the Ibiza Town Hall, one on land belonging to the Island Council and another in Sant Antoni, acquired from Sareb. The sixth corresponds to the part that Ibavi will execute in the urbanization of Ca n’Escandell, dependent on the state-owned company Sepes.

In total, Ibavi is promoting almost 300 new public housing units in Ibiza, within a shock plan that adds up to nearly 1,000 affordable housing units in different stages of processing, including the “Build to Rent” program and the actions derived from Law 3/2024 on emergency housing.

Municipal premises converted to affordable housing

During the visit, Mateo and Triguero also supervised the conversion of two municipal premises in Dalt Vila -located in UA27, at numbers 18 and 20 Retir street-into affordable housing. The work, which began in March, is now entering its final phase and is scheduled to be completed by the end of this month.

The mayor recalled that the City Council is in the process of converting some fifteen premises into affordable housing, with the aim of taking advantage of unused spaces and increasing the residential offer for the city’s residents.

“All these initiatives – those of Ibavi and the municipal ones – are aimed exclusively at residents and represent a decisive step in the fight against homelessness in Ibiza,” Triguero stressed.

La entrada Ibavi will build eight public housing units in the old Mercat Pagès: this is what the new development for residents in Ibiza will be like. se publicó primero en La Voz De Ibiza.

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“Let me pay your rent while you go to Thailand,” was the comment that started the debate. An intense exchange, since “many take advantage of the winter so as not to lose the house and then throw out the person who took care of it,” as one participant wrote. The message condensed a recurring concern: the strategic use of a house without a real will to reside on the island throughout the year, something that many islanders consider a form of housing blockade.

One of the most controversial elements of the exchange was subletting, a figure that, unless expressly authorized, contravenes practically all rental contracts and which for many users explains why the annual supply is at a record low. “People should continue to pay their rent if they go away for months at a time. It’s not normal to use someone else to maintain your apartment and then kick them out in the summer. ” lamented a resident with years of accumulated moves. Dozens of testimonials surfaced in the conversation about six- or eleven-month contracts that end abruptly in May, a pattern that repeats itself every season.

Several participants introduced legal references, recalling that the Urban Leases Law (LAU) establishes that habitual residence contracts allow the tenant to stay for up to five years if desired. Others, however, clarified that there are also seasonal contracts, regulated in Article 3 of the same law, as long as it can be demonstrated that the use is not a permanent residence. One user put it bluntly: ” Let’s not get confused. The problem is not whether it is an annual or winter contract: the problem is that there are people who sublet their house to store it while they are away. “. His comment was one of the most supported. The regulations, some neighbors recall, are clear: without the owner’s authorization, subletting is not allowed (articles 8 and 27 of the LAU).

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Criticism of social impact

A good part of the interventions point out that these practices aggravate the precariousness of those who live on the island all year round, forced to chain accommodation every six months. “Residents should have priority. It cannot be that we live moving from house to house because others are going on a trip and do not want to lose the apartment. “complained a worker who said she had moved six times in three years.

Other participants argued that the practice of winter rental is not necessarily illegal if it complies with the regulations and if both parties accept the agreement. However, even among those who relativized the legal issue, there was consensus on one point: lucrative subletting, especially when the holder does not reside on the island for months at a time, upsets the market balance. ” There are many profiteers, not only landlords. There are also tenants who do business with the needs of others. “, warned another user.

The debate also shifted to a deeper socioeconomic dimension. Some speakers pointed out that real estate pressure does not depend solely on tenants or landlords, but also on an economic model that combines high seasonality, structural housing shortages and prices well above the average wage. “In Ibiza you earn well, but you live worse than ever. It’s not Thailand’s fault: it’s the system’s fault. “, summarized one commentator.

A discomfort that recurs every season

The exchange made it clear that the focus of the outrage is not the winter rental per se, but the tactical use of housing to keep a property available without taking on the costs of living on the island outside of the high season. “If you go away for four months, pay for your house. Don’t use someone else to take care of it for you and then put them out on the street in June. “said one resident. The conversation turned into a broad portrait of how subletting contributes to keeping homes that could be used for annual rentals off the market, a trend that many residents see as critical to Ibiza’s housing crisis.

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• “I hope you spend on medicine what you earn on rent”: the viral publication that uncovered the housing war in Ibiza

La entrada “You go to Thailand and I pay your rent”: outrage in networks over winter housing in Ibiza se publicó primero en La Voz De Ibiza.

• Rental subsidies in the Balearic Islands: the Government could raise the price limit as of 2026

The central objective of the plan is to offer security to property owners:the Government guarantees the monthly rental payment and the return of the apartment in perfect condition, in exchange for renting it at a regulated and accessibility-oriented price. To reinforce its attractiveness, the Executive has introduced significant changes with respect to the initial design.

Among the most important new features is that the Government will advance the money needed to rehabilitate or refurbish homes that do not meet the habitability requirements. This public investment will be subsequently discounted from the rent that the owner will receive, thus allowing the entry into the program of properties that require improvements and whose owners cannot assume the work immediately.

Mateo assures that both real estate agents and property managers have shown their support for the plan and agree that it offers real guarantees to homeowners. However, they recognize that Lloguer Segur is still not sufficiently well known among owners of empty homes.

For this reason, the Government has launched information campaigns and promotional actions to broaden its scope and encourage participation.

With these modifications, the Balearic Government intends to promote a program that could significantly increase the supply of affordable rental housing, a priority objective given the market situation on the islands.

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• Consell and municipalities sign housing agreements for 3 million to expand aid and public housing stock

• Home sales rebound in the Balearic Islands while single-family operations go down and small apartments go up

• Housing prices soar again: Balearic Islands up 14.5% and Santa Eulària becomes the most expensive municipality in Spain

La entrada The new Lloguer Segur plan seeks to mobilize vacant housing: the Govern will approve it before Christmas se publicó primero en La Voz De Ibiza.

• Home sales rebound in the Balearic Islands while single-family operations go down and small apartments go up

Until now, only apartments with rents of up to 900 euros per month, 450 euros in the case of rooms, a figure well below the usual prices on the islands and which had generated criticism from both the Government and citizens, were eligible for this aid.

The Ministry’s document establishes that the autonomous communities will be able to raise the maximum monthly price as long as they justify it through updated studies on the supply of housing or rooms for rent. This flexibility is based on the Housing Law of 2023 and would allow adjusting the limits to the reality of the Balearic market. However, the fine print of the draft also sets a determining condition: any call for applications that avails itself of this exception must first have an agreement with the Ministry of Housing, which must validate the new ceilings.

The Balearic Government recalls that increasing the limits has been a constant demand since the beginning of the legislature, since the current rates do not reflect the real price of housing in the Balearic Islands. The Ministry of Housing insists that the new scales should be based on recent studies, since the state parameters show values “far below” the island market. The regional government also stresses that the document is still in the negotiation phase and that there is still no final decision.

The Ministry expects to approve the new State Housing Plan before the end of the year in the Council of Ministers. If confirmed, the Balearic Islands could adapt its rental subsidies as of 2026, with a more flexible system but subject to the approval of Madrid.

Continue reading

• Consell and municipalities sign housing agreements for 3 million to expand aid and public housing stock

• Housing prices soar again: Balearic Islands up 14.5% and Santa Eulària becomes the most expensive municipality in Spain

La entrada Rental subsidies in the Balearic Islands: the Government could raise the price limit as of 2026 se publicó primero en La Voz De Ibiza.