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High Rental Costs in Santa Eulària Consume 74% of Residents' Income

High Rental Costs in Santa Eulària Consume 74% of Residents’ Income

in News, Rentals

Renting a home in Santa Eulària has become a significant financial challenge for many residents. High rental costs in Santa Eulària are consuming an average of 74% of a person's income, making it one of the most expensive places to…

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The Balearic Government has launched an Affordable Housing Programme in Ibiza, offering rental homes at maximum prices of €1,470

Affordable Housing Programme in Ibiza Offers Homes at Reduced Prices

in Housing Crisis, News

Residents of Ibiza and Formentera have a new opportunity to find affordable housing. The government's Secure Rental Programme is making 2,000 homes available at prices up to 30% below market rates. Government Initiative Aims to Ease Housing Crisis The Balearic…

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Abel Matutes on Ibiza’s Tourism and Housing Crisis

in News, Tourism

Abel Matutes Prats believes that "you can't play with the bread, and in Ibiza, tourism is the bread." In a recent interview on the podcast La Tertulia with Joan Carles Rodríguez, the renowned businessman shared his thoughts on Ibiza's thriving…

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Can Rova Exploiter Faces €2.4 Million Fine in Ibiza

in Housing Crisis, News

The exploiter of the Can Rova shanty settlement in Ibiza is facing a hefty fine of €2.4 million. This follows the eviction of the settlement on 31 July. Ibiza authorities are taking firm action against illegal housing practices. Ibiza Authorities…

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Ibiza Locals Demand Tourism Limits in Mass Protest

in News, Tourists

Photo: Periódico de Ibiza Protest Ibiza - Over 1,200 Ibiza residents took to the streets on Friday to demand limits on the island's current tourism model. The protest, organised by the platform "Change the Course", called for restrictions on cruise…

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Housing Crisis in Ibiza: A Blueprint for Empowering the Homeless

in Economics, News

At Repeat Ibiza, we take a stand against the social issues plaguing our communities. The housing crisis in Ibiza, an island famed for its lively nightlife and pristine beaches, conceals a grim reality - a growing population of homeless individuals…

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Rental Delinquency: 25% of Renters Late on Payments in 2022

in Economics, News

In the Balearic Islands, a quarter of residents fell behind on rent payments during 2022. This issue was not exclusive to the region, highlighting a global trend of financial instability among renters. Economic fallout from global crises, paired with declining…

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