Ibizan 859 eissue 18 May 2017

Page 1

Barruguet Festival of Family Theatre in Santa Eulària, It’s Brilliant, see Page13

Pirates Are Back In Consell’s Sights. Bigger Fines & New Strategy, page 3

1 Landlord, 1 House, 110 Worker Beds, = 44,000€ Per Month Rental Income. San Antonio Landlord Divides 900m2 Villa Into 50 Bedrooms With A Total Of 110 ‘Worker’ Beds Rented at 400€ Per Month Each The Property Was Previously A Private Home, It Has A Bathroom Ratio Of 1 Per 10 Residents, And Potential Rental Revenue of 44,000€ Per Month, 264,000€ Per Season.

Ibiza’s property crisis continues to attract the attention and interest of the Spanish media. This week the popular current affairs and lifestyle television programme, Ana Rosa, released an investigative report highlighting some of what the NouDiari termed “abuses” of the situation caused by the accommodation shortage.

“I

biza’s rich used to hide their money under mattresses, now they get rich from mattresses.” Anon

In the report, undercover journalists are shown posing (Continued on page 2)


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