Balearic rent extension could keep 69,154 leases to 2028
Responsible for this content: Frank Menze
Mallorca and the rest of Spain’s Balearic Islands: an estimated 69,154 rental contracts due to expire between 2026 and 2028 qualify for an extension on the same terms until 31 December 2028. The rule takes effect on Thursday, 1 October 2026. Spain’s Ministry of Consumer Affairs based its estimate on a household survey.
The extension forms part of a housing decree-law approved on Tuesday by Spain’s Council of Ministers. Across Spain, more than 1.8 million contracts could qualify. Using an average of 2.5 people per household, the ministry estimates that the measure could affect around five million people.
Source: Europa Press / Mallorca.com