The Consell de Mallorca will transfer land in Palma free of charge to the Balearic Housing Institute (Ibavi) for the construction of 323 public protection homes, in what will be the largest development of its kind ever on the island.public protection homes, in what will be the largest development of its kind ever on the island.

The Consell de Mallorca will cede land in Palma free of charge to the Institut Balear de l'Habitatge (Ibavi) for the construction of 323 public protection homes, which will be the largest development of its kind ever made on the island.

The Eivissa City Council announced this Thursday that a new municipal plot will be used for the construction of 200 public housing units, following the approval of the change of use of the land in the municipal plenary session.

The Ibiza City Council announced this Thursday that a new municipal plot will be allocated to the construction of 200 public housing units, following the approval of the change of destination for the land in the municipal plenary session.

The Balearic Islands Construction Association warned on Thursday that the already rising prices of construction materials will skyrocket in the coming weeks due to the conflict in Iran. At a press conference, the association's president, Climent Olives, and managing director, Sandra Verger, cautioned that this situation could impact the public housing developments (VPO) planned under the Balearic Government's stimulus plan through the Balearic Housing Institute (Ibavi). "The longer this conflict drags on, the higher prices will rise, and it will be difficult for them to fall afterward," Verger stated, also highlighting the fragility of costs in an unstable geopolitical context. Olives added that, before the outbreak of the conflict, the sector was experiencing a boom that has completely changed in a matter of days.

MÁS por Palma has denounced that the implementation of the new Urban Planning Law on Strategic Residential Projects promoted by the PP and Vox will mean the loss of 1,000 public housing units in Palma's urban development areas, "a flagrant cut in the right to housing that favors large real estate developers and weakens public action."