The Balearic Government begins the expropriation of 56 homes of large landholders

The Minister of Mobility and Housing of the Balearic Government, Josep Marí, has signed this Tuesday the first resolution by which the expropriation of 56 houses of large owners registered in the official registry begins, with a total cost of 1.8 million euros , for a period of seven years, according to Europa Press.
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This price represents a 40% reduction compared to market prices in the Balearic Islands, with an average of 391 euros per month per home. These are 27 homes in Mallorca, 23 in Menorca and six in Ibiza. Once the procedures are completed, they will be offered as social rental through the Balearic Housing Institute (Ibavi), with rents that do not exceed 30% of family income.
"It is a pioneering measure throughout the State. At this time, although there are already communities that have assimilable figures, they are in the detection phase of the flats and there has not yet been any mandatory transfer measure," said Josep Marí.
For flats in Mallorca, the average price that the Government will pay is 408 euros per month (926,000 euros in compensation for the transfer); in Menorca, the average price for these seven years will be 336 euros per month (a total of 649,000 euros); and in Ibiza is where the highest price will be paid, 530 euros per month (266.00 euros).
However, there is still a long way to go for these homes to be used by Ibavi beneficiaries. In the next few days the resolution will be published in the Official Gazette (BOIB), those affected will be notified and then a period for submitting allegations will be opened.
In addition, there is also the possibility for owners to appeal to the courts. The general director of Housing, Eduardo Robsy, has clarified that the processing of an appeal through the courts does not paralyze the expropriation 'per se', unless a Court dictates precautionary measures.
From the Department they have explained that they have been studying the homes registered in the registry for months, but that the pandemic has slowed down these tasks. The selected homes have been visited by technical personnel from the General Directorate of Housing and Architecture and have been considered suitable to be incorporated into the social housing stock, due to their size, characteristics and condition.