The Balearic Association of National and International Estate Agents (ABINI) has assessed the new 2026–2030 National Housing Plan and the recent statements made by the Government Delegation regarding its scope, and has warned that the planned investment “is not significant in relation to the scale of the problem of access to housing in the Balearic Islands”.
The association stresses that, beyond the institutional debate or the figures announced, the reality is that the proposed investment does not address an issue that has become the main concern for citizens both in the Balearic Islands and across Spain as a whole.
According to statements by ABINI’s president, Daniel Arenas, “we are facing a major structural problem, and the proposed public investment, whilst a step in the right direction, is clearly insufficient to bring about real change in access to housing in the Balearic Islands”.
ABINI warns that the plan’s approach, which focuses primarily on boosting public housing and specific groups, does not reflect the reality of the Balearic market. “The housing problem in the Balearic Islands no longer affects only young people or vulnerable groups. Today, the majority of the population struggles to access affordable housing. Therefore, solutions cannot be limited to a section of the population; they must be aimed at the general public,” explained Arenas.
In this regard, the association stresses that social housing is necessary, but not sufficient to solve the problem. “Social housing alone will not solve the problem. It is essential to address the overall supply in the market as well.”
ABINI stresses that one of the main factors behind the surge in prices in the Balearic Islands is the imbalance between supply and demand, exacerbated by a lack of available land. “Unless measures are taken to increase the housing supply, prices will continue to rise unchecked. We need to free up land, speed up urban development projects and facilitate the construction of new homes so that the market can adjust,” said the association’s president.
The association also highlights the lack of clarity surrounding the implementation and funding of housing schemes, which is causing uncertainty within the sector. “There are announcements, figures and plans that overlap across different authorities, but there is a lack of clarity on how these investments will actually materialise. This uncertainty does nothing to build confidence or stimulate new supply,” said Arenas.
ABINI does, however, welcome some of the measures included in the plan, particularly those aimed at renovating the existing housing stock. “The renovation grants are good news. They can help improve outdated homes and enable some of that stock to return to the market, both for sale and for rent, something that is particularly needed in the Balearic Islands,” Arenas emphasised.
ABINI concludes that the Balearic Islands need a far more ambitious and structural response to tackle the housing crisis. “Housing is now one of the public’s main concerns. If we are to tackle it properly, we need greater ambition, better coordination and measures that directly increase the housing supply. Without that, it will be very difficult to turn the current situation around,” concluded Daniel Arenas.
