Mallorca

Golf, Mallorca

Mallorca positions itself as a sporting paradise

Rafa Nadal & Co. have helped make the island a popular destination for both professional and amateur athletes, and many German athletes have made their second home there.  by Stefanie Claudia Müller Spain is a sporting nation, and in many disciplines the Spaniards are world leaders. People like Rafa Nadal and Pau Gasol are also moral role models in society and this has also had an impact on tourism. According to the Spanish statistics authority INE some 10 million holidaymakers partake actively in sports during their stay in Spain. Many more come to watch the games and matches of their favourite clubs and tennis players in Madrid, Valencia, Seville or Barcelona. This Spanish success is also due to a very good network of public training centres throughout the country, and t...
Mallorca, News, Porta Mallorquina, Real Estate

Around 30 percent price increase for Mallorca properties in five years

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...
Mallorca, News, Porta Mallorquina

All eyes are on Mallorca once again

Having been in the media spotlight almost a year ago when the season restarted, once again all hope has been placed in the Germans. Stefanie Claudia Müller Tom Mardorf is leaving the island. Even though Mallorca still seems empty compared to the record summer of 2019, he believes that he desperately needs a change of scenery: "I need to have a rest." The 58-year-old has spent the past few months setting up a food bank together with the evangelical church in Santa Ponsa, distributing tinned food, vegetables, fruit and hygiene items to dozens of families every day. "Many of the people have never asked for help with food in their lives, and I was shocked by the sudden poverty of many people when I returned to the island last September after a long absence," says the German entrepreneu...
Mallorca, News, Porta Mallorquina, Real Estate

Porta Mallorquina increases turnover

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...
Franchise, Mallorca, News, Porta Mallorquina, Real Estate

Porta Mallorquina opens new real estate shop in Santa Ponsa

Despite the current lockdown, Porta Mallorquina continues to expand its presence on the island. Its new real estate shop is located in Carrer de Son Thomas 2, Calvià, in the well-known Son Bugadelles business park which is situated between Portals Nous and Santa Ponsa. A special feature of the location is that the real estate agency is located in the same building as the Illes fitness studio. "The Illes fitness studio is very popular with residents, and the excellent transport connections and convenient parking in front of the door make this location ideal for us", says Porta Mallorquina franchise partner Mirjana Antic when describing the advantages of the new location. The new shop replaces the previous office in Portals Nous, which was closed in May 2020 due to ongoing probl...
Mallorca, News, Taxes

Mallorca as a home-office paradise

... but look out for the tax implications. If your main and/or fiscal domicile is in Spain, all your assets must be declared for taxation there. Stefanie Claudia Müller Many consider it cynical that executives enjoy the sun in times of pandemic, while their own employees in Berlin, London or Paris fear for their jobs every day and nurses, sales staff and teachers are in danger every day from infection through direct contact. The Balearic Islands, however, were a popular location for digital nomads even before the Coronavirus. These are the people whose companies travel with them or who, being programmers, journalists or mathematicians, can work almost anywhere. Sabine Christiansen is probably one of the few Germans who openly admitted in an interview in the summer of 2020 that she...
Mallorca, Porta Mallorquina

Mallorca: the perfect setting

Whether in the south, east or west - making films, series and spots on the Balearic Islands is in, and owning a house close to the location of a box-office success or the home of a famous actor can also be a winner. by Stefanie Claudia Müller In 2019 Mallorca was the location for around 300 productions from simple photo shoots, advertising spots and short film productions, to complete television series such as the BBC crime thriller "The Mallorca Files". "The Night Manager", based on the 1993 novel of the same name by John le Carré, was also made in Mallorca. The author himself loves the island which is the ideal place for his protagonists: "In the northern foothills we found paradise for a rich man like Richard Roper.'' He is referring to the Sa Fortaleza fortress near Pollença, o...
Mallorca, News, Porta Mallorquina, Real Estate

Sabine Christiansen presents a panel of experts discussing the future of the real estate market in Mallorca

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...
Mallorca, News, Porta Mallorquina, Real Estate

Corona crisis – Impact of COVID 19 pandemic on the real estate business in Mallorca

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...
Mallorca, News, Porta Mallorquina, Real Estate

Market study of real estate in Majorca 2020 – Price gap continues to widen

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...