Porta Mallorquina

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...
Mallorca, Porta Mallorquina, Real Estate

10 fincas in Majorca with exceptionally beautiful gardens

Many people achieve their personal dream home with a finca in Majorca. A large piece of land guarantees privacy and gives the owner enough space and scope for creative landscape gardening. The entrance gates often conceal quite heavenly gardens, whose magnificent flowers and charm are simply breathtaking. Imposing palm gardens, almond, orange and lemon trees, fig trees, splendid arbours of bougainvillea – to name just a few – make Majorca into a paradise for amateur gardeners and nature lovers. The 10 most beautiful finca parks and gardens     Rural-tourism property in Lloret de Vistalegre: a true oasis in the heart of the island This rural-tourism property stands like an oasis on the edge of Lloret de Vista Alegre, with its 1.000 population, far from mass-tourism, ...
Franchise, Mallorca, Porta Mallorquina, Real Estate

A Portrait – Ria Blum, franchise partner Palma

Ria Blum franchise partner Porta Mallorquina, Palma Born in the Oberlausitz, in Löbau, Ria Blum was drawn to distant places already early on. In 2003 she moved with her family to the Dominican Republic where she worked for the American estate agent chain Coldwell Banker. Although she really enjoyed living there, the trained industrial management assistant realised after a while that she would not live there in the long term. A friend told her how nice Mallorca was– Ria wasn’t familiar with the island but spontaneously booked a flight and immediately fell in love with the charming Mediterranean island. In 2008 it became clear for her: “I’ll always stay here”, and she moved from the Caribbean to the Mediterranean. After an intensive year spent learning about the island and its people with ...
Event, Mallorca, Porta Mallorquina

Star of the South – Discover Llucmajor

As the centre of the South, Llucmajor is worth a visit on any day of the week, and not only on market days (Wednesdays, Fridays and Sundays). The locals, and particularly the town’s artists, are dedicated to coming up with fantastic, creative ideas that turn a visit to Llucmajor into a truly exceptional experience. Casa Creativa Right in the heart of the pedestrian zone, regional artists sell their works at the “Casa Creativa”. The shelves contain a constantly changing potpourri of sculptures, leather goods, jewellery, pottery and other hand-crafted items. If you’re looking for gifts and souvenirs that are a bit different to the mainstream tourist choices, this is the place to come. More information at: www.casacreativa.com Casa Creativa in Llucmajor offers a carefully sele...
Mallorca, Porta Mallorquina, Real Estate

Spanish residency law for foreign property buyers takes effect

The legislation, popularly known as the “Golden Visa Act”, gives foreign investors the right to free movement and residence within the EU On 30th September 2013 the Spanish legal gazette – the Boletin Official del Estado (BOE) – announced the eagerly anticipated new Act for foreign investors. As of now, non-EU citizens who make a minimum investment of € 500,000 in Spain, for example in real estate, may apply for a so-called investor visa that is valid for one year. During this period, the investor is not required to meet any minimum stay requirements in Spain – he can retain his main residence, and thus also his tax domicile, in his home country. A house beside the sea as a ticket to the EU: with immediate effect, foreign investors who purchase a Spanish property with a value of € 500,00...
Mallorca, Porta Mallorquina, Real Estate

FAQs to the spanish property law from G. Buades

Gabriel Buades Castellá and Daniel Olabarría are lawyers that form part of Bufete Buades’ International Desk in Palma. Experts in the areas of Real Estate Law and Tax Law they already have published numerous professional articles and books on these topics, including “Practical analysis of the tax liabilities to be borne by a German resident out of the direct and indirect acquisition, ownership and transmission of real estate located in Spain” and “Attention, all somewhat different: A new rent act has entered into force in Spain.” Daniel Olabarria Vaquero, Francisca Buchner, Gabriel Buades Castella (from left to right) 1. Am I required to pay capital gains tax on profits from the sale of real estate in Majorca? If so, where? According to Article 13 of the double taxation ag...
Franchise, Mallorca, Porta Mallorquina

A profile of Alejandra Fernandez Miro, our franchise partner in the Northwest

Born in Argentina from a Spanish family, also involved in the real estate business, returned to live to Spain about fifteen years ago. Having grown up professionally mostly in the travel sector, working for airlines such as American Airlines, British Airways and assuming different management positions in handling airport services in Spain, she was always fond of meeting different cultures and discovering places around the world. Alejandra Fernandez Miro, Porta Mallorquina franchise partner in the Northwest. Having this experience and perspective, she loved Majorca since the very first day. Married to Herbert, a German flight captain who also shares the passion for the island, they moved to Valldemossa three years ago from Barcelona. Being already both very familiar with the island, due t...
Franchise, News, Porta Mallorquina, Real Estate

Now 8 Porta Mallorquina offices in Majorca

On 16th August the real estate provider opened its new estate agency in Pollensa. Porta Mallorquina opened its eighth office on 16th August in Pollensa. Around 100 guests came to Via Pollentia 41 in Pollensa last Friday to attend the opening of the real estate company’s new estate agency. While enjoying the foot-tapping live music and regional specialities, the guests – and particularly many local property owners – took the opportunity to have a chat and inform themselves about the current situation in the real estate market. Sebastian Boelger (r.) weclomes Porta Mallorquina colleague Beatus Zimmermann, franchise partner for long-term lets in Majorca. Porta Mallorquina CEOs Joachim Semrau and Manfred Biedermann congratulated Regional Director Sebastian Boelger and his team on the succe...
Mallorca, Porta Mallorquina, Real Estate

Party in front of Parliament building in Palma

In Palma, Porta Mallorquina celebrated opening of seventh office in Mallorca On Friday, 3rd May, Porta Mallorquina franchise partner Ria Blum invited guests to celebrate the opening of her new estate agency at Calle Conquistador 8, directly opposite the Balearic Parliament building in Palma de Mallorca. The opening party of the new estate agency in Palma de Mallorca was very well visited Around 100 clients, friends, franchise partners and collaborators of the real estate provider were entertained into the late evening by live music from the “Perikas Jazz Reunión Dúo” who are well-known with jazz fans. Catering was provided by the popular Palma “Tast” restaurants. Catering was provided by the popular Palma “Tast” restaurants. The new estate agency on the road to the upper old town is t...
Franchise, Porta Mallorquina, Real Estate

A profile of John van Eenennaam, our Franchise Partner in Santa Ponsa, Mallorca Southwest II

John van Eenennaam, born in Vlissingen, Netherlands, has been living in Majorca’s capital, Palma, since 1991. Before moving into real estate, he was involved in the import and export of leather goods and footwear. Since 2005 he has been working as an estate agent in southwest Majorca. In 2012 he acquired the Southwest II franchise licence from Porta Mallorquina and, in June last year, he opened an estate agency on Boulevard Santa Ponsa. Together with his team (Ursula Gassner, Dieter Linder, Natalie de la Piedra and Corinna Schmid) he is responsible for the areas of Portals and Santa Ponsa. The dedicated long-distance runner has already completed several half-marathons and is currently preparing for his first full marathon. John van Eenennaam, Porta Mallorquina Franchise Partner in Santa P...