Author: Porta Mallorquina

According to a report by the Spanish Notary Association the number of real estate purchases by foreigners who do not have their primary place of residence in Spain has risen in the first half of 2018. Across the whole of Spain up until the 30thJune around every fifth property on the market was purchased by a foreigner, representing an increase of 5.6% compared to the same period in the previous year. The strongest buyer group nationwide among the non-Spanish is the British and in the provinces of Murcia, La Rioja, Andalusia and the region of Valencia they occupy first place. Along the French border and on the Bay of Biscay the French are the strongest foreign buyers of Spanish real estate. On the Balearics, in particular in Mallorca, German buyers dominate with a share of 46% of the m...

Homes & Holiday AG, the specialist for holiday real estate in Spain and Germany, is acquiring Top Villas Mallorca S.L., which specialises in finca and holiday home rentals on Mallorca. Together with the subsidiary Porta Holiday, which is also active in this area, the new group will be one of the leading holiday rental companies in Mallorca with a letting portfolio of almost 1,000 properties. Janine Sabrina Klein, founder and managing director of Top Villas Mallorca, will also take over the management of Porta Holiday in the future. Janine Sabrina Klein: “Through our merger with Porta Holiday, we will strengthen the company marketing via our own successful website and increase our independence from booking portals. Our customers will benefit from one of the largest holiday prope...