Brits could be priced out of Majorca as prices surge by 20% | World | News
Spain brings a new wave of arrangement for short -term rents, while tourists going to the hot point of Mayorka’s holiday can soon be priced from the market. As of July 1, 2025, new rules state that any property advertised for short -term accommodation on platforms such as Airbnb or Booking.com should be registered legally.
Tourism bosses should be left without accommodation ”warnings that regulate holidays with the separation of holidaymakers visiting Majorka. The Open Warning of the Spanish Tourist Housing and Flat Associations Federation (Fevitur) warns authorities and tourists that the new system will lead to an increase in the land economy and an increase in illegal residences. Between July and December, the last print for Spain with £ 11.7 billion (€ 13,737 billion), which is expected to reach the economy, is expensive.
Mayor, Silvia Blasco said, “It is likely to leave families who reserve an apartment or holiday house without accommodation, because most of the legal supply cannot be recorded in a single digital window system and will disappear from the platforms.”
Meanwhile, Cosmos Currency Exchange’s founder Tony Redondo said the new law has led to 20%of prices at the holiday hot spots.
Tony, “Spain’s new Airbnb law will receive thousands of short -term rental. British British will buy to allow loss of income when unlicensed properties are removed. Trying and registers will encounter higher adaptation costs or will have to sell,” he said.
The properties, which did not comply with the deadline for July, were removed from online platforms such as Airbnb and Booking.com, hosts imposed fines at risk, restraining again, and then faced potential delays if they tried to join again.
A leading mortgage consultant warns that the movement will enable the British to “pull her hair”.
Pete Mugleston, the Mortgage Advisor and General Manager of Mortgage Advisor online Mortgage Advisor, said: iz If you are an English that is a property you left in Airbnb in Spain, these changes will make you pull your hair.
