Headline : Push for Mallorca councils to ban property sales to non-residents

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Yest another attempt to stop non-residents from buying homes, especially second homes in Mallorca. | Majorca Daily Bulletin reporter

MÉS per Mallorca today registered a bill in Parliament to allow town councils to prohibit the purchase of homes by non-residents or legal entities, as well as to restrict the purchase of second homes. According to the parliamentary group’s spokesperson, Lluís Apesteguia, this would be ‘pioneering’ legislation in the European Union, as it ‘clashes’ with the free movement of capital. However, he stressed that it is justified in the general interest, non-discrimination and proportionality, as a ruling of the Court of Justice of the EU (CJEU) states should be applied in these cases.

“We believe that when there is an extraordinary situation, extraordinary measures are required, and when people do not have guaranteed access to housing, purchases that are not essential for life should be limited,” Apesteguia stated, pointing out that the average price of buying and renting have risen in the last five years by 30% and 40%, respectively.

“The real estate market must intervene and put an end to speculation in housing, houses are for living and not for business. Everyone should be guaranteed the right to have a decent place to live,” he said. This bill, he said, should be approved by both the Parliament and the Congress of Deputies as it affects regional competences - those relating to housing - and national competences - those relating to contracts - which, if approved, would strengthen the law in the face of a possible challenge by European institutions.

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