Tuesday, September 6, 2022
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Fall in capital features in majority of municipalities



The Tax Company within the Balearics has delegated accountability for the gathering of capital features on properties in a majority of Mallorca’s municipalities.

Information from the Tax Company point out that there have been 6,052 transfers in these municipalities (plus one in Ibiza) within the first six months of this yr. These attracted 4.2 million euros in capital features. For a similar interval of 2019, there have been 9,059 transfers and capital features of near seven million euros.

Whereas these figures are down in contrast with pre-pandemic 2019, they’re additionally under these for 2021, when capital features income was simply over 5 million euros, and solely barely up on the January-June interval of 2020, with 4.13 million euros from extra transfers (7,206).

The municipalities in Mallorca are: Alaro, Ariany, Banyalbufar, Binissalem, Buger, Bunyola, Campanet, Campos, Consell, Deya, Esporles, Estellencs, Felanitx, Fornalutx, Lloseta, Llucmajor, Manacor, Mancor de la Vall, Maria de la Salut, Pollensa, Porreres, Puigpunyent, Sant Joan, Santa Margalida, Santa Maria del Cami, Santanyi, Ses Salines, Son Servera and Valldemossa. As well as, there may be Sant Antoni de Portmany in Ibiza.

Notably absent from this record are, for instance, Andratx, Calvia and Palma.

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