Mallorca

Porta Mallorquina Real Estate presents a new market study Market Study Holiday Property Market Mallorca Results 2021 Since 2015, the Steinbeis Transfer Institute (STI) Centre for Real Estate Studies (CRES) has been conducting regular market studies on the holiday property markets in Mallorca, Ibiza and Menorca on behalf of Porta Mallorquina Real Estate. The focus of this study, which is being carried out for the seventh time, is on holiday properties for sale in Mallorca. This market study aims to provide an up-to-date overview and can be used during a long-term comparison to check the value of your investments. Apart from the "emotional return" when finding the right property, rational considerations of the "monetary return" are becoming increasingly important in these times of low...

Real estate business flourishes despite pandemic Concrete gold remains a popular currency even in times of crisis. Represented all over the island, Porta Mallorquina Real Estate reports an 11 percent increase in sales volume during the last financial year, while the commission made on property sales rose by 8 percent overall. The average sales price for houses was around 980,000 euros and for apartments 362,000 euros. The most expensive property sold was a villa in Andratx, which changed hands for 6.8 million. Just under 70 percent of the buyers were from Germany, Austria, and Switzerland. The proportion of British buyers continued to decline in 2020, while the Nordic countries remained constant compared to previous years. Online viewings popular Timo Weibel, director of Porta Ma...

On the 25th April almost 500 participants followed a webinar on the subject of  'the Mallorca real estate market – launching pad or dead end?' The discussion took place at the invitation of the local tax specialists European@ccounting and was moderated by the well-known TV journalist Sabine Christiansen. The former current affairs presenter has herself owned a property in Mallorca for some years and decided to spend the Corona lockdown on the island. The complete webinar on Youtube https://youtu.be/sdqAypSy0ro The experts and guests invited to take part were Hans Lenz in his capacity as managing director of the newly-founded international real estate association ABINI, Timo Weibel, managing director of Porta Malllorquina, Lutz Minkner, founder of the real estate agency Minkner &a...

As part of the global response to the COVID19 pandemic the Spanish government has issued a Royal Decree imposing a national curfew from 15th March 2020. Since 17th March 2020 it is no longer possible to enter the Balearic Islands as a tourist. On 23th March 2020 the national curfew has been prolongated to 12th April 2020. Protection for the inhabitants of the Balearic Islands These measures have been introduced to protect the islands and their inhabitants - the current infection rates here are still very low compared to the rest of Spain. And the hospitals are well prepared and equipped. Those currently living on the island can feel safe, the movement of goods is secured and there are no supply shortages. The legal measures, of course, also have an impact on the real estate busine...

The brokerage company Porta Mallorquina Real Estate has been analyzing the holiday property market in Majorca for the past five years. The institute that carried out the work was, once again in 2020, the STI Center for Real Estate Studies (CRES) in Freiburg. We have summarized the main results of the 6th market study of holiday real estate in Majorca for you here. At the end of the article you can download the complete study free of charge. Real estate available in Majorca 2020 Around 4,600 holiday properties in Majorca were on offer at the beginning of the year. This meant that the number of houses and apartments for sale on this popular island had decreased slightly by 6% compared to the previous year. The regional distribution remained relatively constant, with every third prope...