Lloguer Segur Program in the Balearic Islands

To have five years or more of residence in the Balearic Islands.

Have a maximum annual income of 6.5 times the weighted IPREM (60,667 € for one tenant and 68,250 € for two tenants, amounts that will be updated annually in accordance with the IPREM update).

As a general rule, tenants must not be owners or holders of a real right of use and/or enjoyment of a property on the island where the property is to be rented.

If the owners of a property have lost its use as a consequence of a final separation or divorce judgment and/or annulment.

If the ownership or the right of use and enjoyment is only over a percentage of less than 50% of the property and this has been obtained by inheritance.

If the percentage is equal to or higher than 50%, but it proves that the condition of the dwelling does not meet the minimum conditions of habitability established in the current regulations, provided that the deficiencies cannot be corrected with constructive solutions that do not affect the structure of the building and it is proven in a reliable manner and in the short term that it cannot obtain financing to make it habitable.

If the percentage is equal to or greater than 50%, but proves that the property is in a home that is not suitable for people with reduced mobility duly accredited or in a home that is not suitable for people over 65 years of age. These extremes will be accredited by means of a responsible declaration of the owner and verification by the API.

Not to be related up to the third degree with the owner.

To have a guarantor.

To use the dwelling as a habitual and permanent residence during the term of the contract.

Occupy the dwelling within one month of signing the rental contract.

Pay the rental price on time, the deposit (one month's rent) and the guarantee (one month's rent).

To assume the costs of the services and supplies individualized by meters, or the amount of the community water consumption estimate.

Pay for minor repairs due to ordinary wear and tear.

To be registered in the rented housing.

To allow visits to the dwelling by the personnel of the Autonomous Community of the Balearic Islands, through the IBAVI, in order to inspect the state of the dwelling and the use to which it is being put.

Provide the documentation that the Autonomous Community of the Balearic Islands, through the IBAVI, may require during the term of the contract in order to verify compliance with all the requirements of the program.

Comply with all obligations under the lease.

Upon completion, return the property in a good state of use and conservation, in the same condition in which it was acquired, with the exception of the wear and tear caused by ordinary use.

Pay waste fees (incinerator).

Not to sublet or allow the residence to persons who do not appear in the contract or to use it for a greater number of persons than the number stated in the certificate of occupancy.