Soaring rents are forcing Mallorca restaurants out, federation warns
The Balearics restaurant federation warns that port and town-centre rents — around €10,000 a month — are pushing restaurants out and menu prices beyond many locals' reach.
The Balearics Restaurant Federation has warned that soaring rents are pushing restaurants out — the same squeeze, its president says, that is pricing residents out of housing.
Federation president Alfonso Robledo said rents in ports and town centres are so high that restaurants must set menu prices many local customers can no longer afford, pointing to average premises rents of around €10,000 a month in ports and tourist areas against roughly €1,000 in industrial estates. He warned of a restaurant-industry 'bubble' that will eventually burst, and called for lower rents on public-space premises, provided menu prices are capped.
It came a day before a separate warning from Restauración Mallorca (CAEB) about a weak start to September.
Frequently asked questions
Why are Mallorca restaurants warning about rents?
The Balearics restaurant federation says rents in ports and town centres — averaging around €10,000 a month versus roughly €1,000 in industrial estates — force menu prices higher than many locals can afford, and warns of a restaurant-industry 'bubble'.
What does the federation want done?
Its president, Alfonso Robledo, has called for lower rents on public-space premises, provided menu prices are capped, comparing the squeeze on restaurants to residents being priced out of housing.