The Directorate-General for Tourism is preparing a funding call to offer grants for the purchase of holiday properties in overcrowded areas of the Balearic Islands. The aim is to encourage urban regeneration, reduce tourist bed spaces and move towards more sustainable models. Implementation is planned over the next three years.
Purchasing of privately owned properties in tourist areas
Mallorca, Minorca, Ibiza, Formentera
Conselleria de Turisme, Cultura i Esports
Direcció General de Turisme
ITS2425-046
15.000.000 €
15.000.000 €
0 €
2024-2025
In execution
Destination Improvement
Executed: 0%
13.04.2026
Magaluf’s promenade is being remodelled to improve infrastructure and ensure quality
Mallorca
1.700.000 €
Status: In execution
Palma is developing a new green lung in Platja de Palma with funding from sustainable tourism tax
Mallorca
4.250.000 €
Status: Started
The expansion of the Ibiza Conference Centre aims to boost MICE activity and extend the season
Ibiza
5.018.571 €
Status: In execution