The government voted in favour of approving the tourism decree agreed by both parties to curb tourist saturation on the islands.
The decree does not include an increase in the eco tourist tax or a new tax on rental cars or private vehicles used for tourist purposes.
It prohibits the creation of new tourist accommodation in multi-family buildings and allows the exchange of tourist accommodation between private individuals, but without the possibility of increasing the total supply. The regulations reinforce the fight against unregulated tourist rentals and increase penalties by 25 per cent.
Island councils are also encouraged to declare areas saturated with tourism that are in need of redevelopment.
Minister of Tourism Jaume Bauza asked opposition parties to leave behind the "politics of mudslinging" following the vote and stressed that the government will be "relentless" against illegal offerings.