06 May 2018 | 08:58 AM UTC
Spain: Majorca to ban holiday rentals in Palma July 1
Majorca officials to ban holiday apartment rentals in Palma July 1; anticipate higher demand for hotels
Event
Majorca officials have announced that holiday apartment rentals would be banned in the city of Palma starting on July 1. According to local sources, the ban is being enacted to combat rising rent prices. City officials have announced that houses and chalets, as well as properties in protected zones, would be exempt from the ban.
Higher demand for hotels, as well as higher-than-usual prices, are anticipated in the coming months.
Advice
Individuals traveling to Majorca should anticipate higher demand for hotels and plan accordingly.