The Balearics are one of the most popular parts of the Mediterranean, and not just for Spanish people, more and more tourists decide that this would be a great place to spend the summer. The Mallorca property in particular, has the most real estate potential and some of the most expansive real estate markets in the Balearics.
On Mallorca Property finder you’ll...
A new hotel is set to be opened on the main strip of Santa Ponsa in the fashionable Palma de Mallorca. However, it won’t be just another hotel you’ll be able to stroll by without noticing, because this will be a themed hotel and the theme that was chosen by the designers is pirates.
An old neglected manor house from the 15th century that has served in the past as the headquarters for the dreaded Inquistion has been sold by the local government at pubic option and might become a luxury hotel.
The former sleepy Balearic island of Mallorca is currently under a virtual invasion from all sorts of people coming here from all over the Globe, and not just for the holidays – some come here to stay. This has changed lately as numbers have began dropping in certain regions of the island.
That’s why it seems that the second language spoken in Mallorca is...
The year of 2012 seems to be ending on a high note as all real estate agents and companies are rounding up their sales and making their reports. So has it been a good year or a bad year? Read below to find out.
In an odd bit of news, a German/Swiss couple has given up their 1000 acre property in northwest Mallorca to the Mediterranean Wildlife Foundation (FVSM). But, odd as it may be, this act will help protect the native Mallorca Black Vulture, an endemic species which is currently endangered.
That Mallorca is a holiday destination with a lot of relaxing possibilities is a known fact. This is why the tourism industry boomed in the 70s and is still going strong today. In fact, it went so good that people were not only returning in higher numbers but some of them decided that it would be good to purchase homes here.
A brand new real estate investment is opening up in Mallorca, in Puerto Portals to be precise, a hotel of condos which is to be built on the site of the former 3-star Montemar Hotel. This new building will house 27 suites as well as 2 penthouses with prices ranging from 399,500 EUR to 1,650,000 EUR.
With the economic crisis making a deeper impact than experts would have anticipated, more and more property owners in Mallorca are turning to illegally renting out their property for extra income. This increase was observed by the Ministry of Tourism and Finance which also raised an alarm bell.
Among the air carriers that are currently announcing more flights to Mallorca in the “off season” period are British airways, easyJet and Monarch. This measure is a joint effort by the local authorities and the Spanish government to increase awareness that the island of Mallorca is much more than a sand and sun destinations.
It’s interesting to notice the...
Slowly but surely, Mallorca is coming out of its anonymity. Up until a couple of years ago it was simply known as the island near Ibiza, the place where you only went if you wanted a boring holiday with your folks. But today, more and more people are tapping into that Balearic potential, and not just everyday people, but also the stars.
This summer, many celebrities...