🔎 In a bid to halt the exodus of islanders, officials want to ask the European Union to grant the Balearic Islands special exception to limit non-residents from buying homes
Brussels is duty bound to defend the principle of the free movement of goods and people throughout the bloc so could block the initiative, but similar exceptions have been made, notably in Finland, Croatia and Canada.
Back in Fornalutx, Nick Guthrie, a retired BBC journalist who owns a house in the village, said the islanders were sick of second homeowners who rent out their villas or flats, putting property prices beyond the reach of local people.“The islanders are fed up with drowning in people. In 2019, 14 million people came to Mallorca.
The Balearic Islands wants to follow the example of Canada which introduced a two-year ban on property purchases by non-residents earlier this month, with exceptions for immigrants and legal residents. Mr Yllanes said that the EU has recognised areas of cultural significance or natural beauty in the Alps which should be protected from “excessive outside pressure”., where there are limits on buying second homes.
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