Measures for the recovery of the Balearic economy

We share with our clients and friends the latest newsletter of Bufete Frau regarding the economic reactivation of our islands:

There are many tourists and foreigners with second residences who wish the situation in Europe to stabilize so that they can travel to their favorite islands, the Balearic Islands. The President of the Balearic Government, has expressed this week that "if the Balearic Islands are not opened to tourism, it is very difficult to endure a certain quality of life". Therefore, she assures that the Government does not give up the tourist season because of the pandemic, and that they continue to work so that the ports and airports can be opened "as soon as possible" and enjoy "safe tourism".

Therefore, after deliberating on how to try to safely resume certain tourism in the Balearic Islands, the Council of the Balearic Government has met to approve a decree law that allows the economic reactivation of the Balearic Islands.

According to the media (Diario de Mallorca), this decree law will allow an increase in the surface area of hotels by 15% of their current state, provided that they do not increase the number of guests or their height. At the ssame time, it will allow the execution of reform and remodelling works on urban land without the need for a municipal construction licence and a simple declaration by the developer will suffice, without prejudice to further verifications. This measure is also valid for catering and leisure establishments, which will be in force until the end of 2021.

What are these measures intended to achieve?

Firstly, it is intended to start the economic recovery of the Balearic Islands, being able to welcome new tourists and investors. It is also estimated that there will be a relaxation of urban planning restrictions, environmental impact and administrative supervision, but without a greater consumption of territory, since this decree only applies to existing buildings on urban land.

Therefore, administrative procedures will be streamlined and the construction sector and reform projects will be strengthened. Last but not least, it is expected that with this decree other tourism businesses can also be expanded, not only hotels, to encourage the need for interpersonal distance both in restaurants and in vacation rentals.

Many thanks to Bufete Frau for sharing this interesting information. You can read the complete newsletter from this link.