News

News, Porta Mallorquina

Real estate shop in Puerto de Andratx under new management and now in the pedestrian zone

In April, Markus Schreurs and Karl-Georg Hermann took over the Porta Mallorquina franchise license for the Andratx sales area. Porta Mallorquina Managing Director Joachim Semrau was very pleased to be able to win two experienced real estate experts for the highly coveted but also highly competitive property market in Andratx.   The two entrepreneurs from Krefeld have already successfully established real estate companies in Germany and have many years of experience, particularly in the luxury segment. In addition, Markus Schreurs is a partner of the Porta Mondial Group in Germany with his two real estate offices in Krefeld and Mönchengladbach and is a co-founder of the company.   "Puerto de Andratx has always been my favourite. There is no more exciting market segment i...
News, Real Estate

Market study property market Mallorca – with price comparisons holiday properties 2017

Since 2015 the Freiburg STI Centre for Real Estate Studies (CRES) has been commissioned by Porta Mallorquina Real Estate S.L.U. to analyse the market for holiday homes on Mallorca. The data base for the 2017 evaluation consisted of 4,711 Mallorca properties from the online offers of the island's five largest brokers, examined in terms of price, location and equipment. The market study takes into account approximately 90% of the portfolio of Mallorca holiday properties available online and is thus representative.       Market Offer Holiday Rentals Mallorca 2017 The real estate offers in Mallorca are concentrated mainly in the western region and the capital, almost two-thirds of the offered properties are located in the south-west, the north-west and in and ar...
News, Real Estate

NTV recommends holiday properties as investment

On 16.11. Telemarketing on NTV devoted itself to the topic "holiday property as an investment". Guest in the studio was financial journalist Andreas Kunze. The low interest rates and price increases for residential properties are grounds for German investors to start looking abroad. Andreas Kunze recommends Spain or Italy, as prices are still relatively favorable in these countries due to the past crises. When choosing a suitable property one should pay attention to the location, environment and substance, said the operator of finblog.de in the interview. It is important that you can imagine yourself spending your holiday in the property. If the location is right a holiday home, for example in Mallorca, can generate attractive returns. Andreas Kunze: "This year holiday rentals...
News, Real Estate

Five good reasons to buy a property in Mallorca in 2016

The official sales figures for real estate in Mallorca, Ibiza and Menorca confirm what we have been finding as real estate agents for some time in our daily business - the market for vacation property in Mallorca is increasing significantly. Two years ago the official bodies (Estadística Registral Inmobiliaria, ERI and Instituto Nacional de Estadística, INE) determined once again, for the first time since the Spanish property crisis in 2008, that property sales in the Balearic islands had significantly increased (+ 18.5%), and 2015 saw the upswing continue with an increase of 14.6%. It would seem that 2016 is becoming a new record year for the real estate industry. From January to March 3,067 properties were sold in the Balearic Islands, representing an increase of 21.5% compared to ...
Mallorca, News, Real Estate

Estate agent in Mallorca – a dream job swimming with the sharks

Interview with Porta Mallorquina CEO Joachim Semrau, published in Bellevue, Europe's largest real estate magazine, issue 4/2016.   Bellevue: Mr. Semrau, estate agent in Mallorca is for many the dream job par excellence. But how does it look in reality? Joachim Semrau: "Actually, some people have totally false ideas about our profession here. Anyone who thinks it is enough to show luxury, high-priced villas by the sea a few times and make a few sales to secure their annual income is way out of place here. The property market in Mallorca is a shark tank, many brokers compete for the same customers and the successful ones are those who score points through competence, diligence and above average service orientation. Newcomers, particularly, need to be able to hold their breathe ...
Mallorca, News, Porta Mallorquina, Real Estate

Market Survey Mallorca Holiday Property 2016

+++Newsticker+++: according to the Spanish office of statistics  (INE)  10.605 properties were sold in the Balearic islands in 2015,  an increase of  14.6%. Representative Market Research For the second time scientists of the Steinbeis Institute Center for Real Estate Studies, commissioned by real estate agent Porta Mallorquina Real Estate, investigated the vacation property market in Mallorca. What are the current price engines for vacation property in Mallorca? Are there particular location characteristics which affect the price of the property, or at least a great sea view? In addition, many buyers will ask themselves how secure their sales possibilities will be in the future. To help analyse the underlying structural components the following study from the STI Center fo...
Mallorca, News, Taxes

New taxes for Mallorcan properties 2016: what buyers and owners need to know

Those who are living on the island for quite some time know: at the turn of the year, there will be some „famous” taxes changes in the Balearic Islands. Starting the year, the islands also have a new government and consequently many things will change that are especially interesting for buyers and sellers of properties. In our interview, Mr. Arne Seeger from the law office Dr. Früheck Abogados S.L.P. explains the most important changes that concern you as a resident or a non-resident, especially if you own a property or want to sell it.   Mr. Seeger, please tell us what will change for taxpayers as from 2016? First of all, there is a change in the income tax, the so-called IRPF (Impuesto sobre la Renta de Personas Físicas). We have to distinguish between residents and ...
News, Porta Mallorquina

The new Porta Mallorquina Real Estate Catalogue 2015/2016

The new Porta Mallorquina Real Estate Catalogue Early in September Porta Mallorquina presented its latest Real Estate Catalogue. On 120 pages customers can get acquainted with the real estate market on Mallorca and the individual regions. Additionally some of the most beautiful properties on Mallorca are presented. A special part is devoted to the latest developments in tax issues for sellers and buyers, tips for the financing of properties and things to be aware of when buying or selling real estate in Spain. The sales team leaders and franchise partners of the individual regions reveal their favorite places and the most beautiful beaches of the island, all golf courses, and popular cycling tours are presented. The catalogue is bilingual, German/English. “Even though 90% of the search...
Mallorca, News, Real Estate

Majorcan real estate as an investment – why now is the time to buy at good value

“The property market in the UK threatens the overall economy,” and similar developments are determined by the British property market. The government has helped to heat up the demand for real estate vigorously. Buyers can obtain loans at favourable conditions and with virtually no equity. 5% of the purchase price is all that is needed to apply for a house purchase, thanks to government support for the buyer. As a consequence, the prices of real estate are rising rapidly. Consequence: Rapid rise in prices Since 2000, housing prices have risen in Britain by 109%. The average price of a house has risen to a new high of the equivalent of about 230,000 euros. Since the spring of 2013, the prices recorded have increased massively in the UK, especially in London where the property ...
Mallorca, News, Porta Mallorquina, Real Estate

Off to Majorca for the returns

Since the legalisation of holiday rentals on the Balearics, one’s own holiday home is also an interesting capital investment.   Since the last financial crisis, real estate has been one of the most popular capital investments and meanwhile, a 4% return on rentals is considered to be an interesting investment. The German real estate market has responded accordingly, and recent years have seen prices for residential real estate booming, particularly in attractive city locations. Surfing the real estate portals one almost has the impression that Germany has been “bought up completely”.   A holiday home as an investment: Majorca is increasingly becoming the focus of European investors looking for real estate that offers high returns and retains its value.   The situation i...