Porta Mallorquina, Author at Porta Mallorquina Real Estate

10Sep By Porta MallorquinaNo Comments

Franchise, News

Homes & Holiday AG back on growth track in the first half of 2019: Focus on core Balearic market and cost reductions lead to turnaround

Homes & Holiday AG (ISIN: DE000A2GS5M9) returned to growth in its core Balearic market in the first half of 2019. According to preliminary figures, the specialist for holiday properties in Spain and city properties in Germany brokered properties on the Balearic Islands with a total value of around EUR 30.5 million in the first six months of the year. This is 33 percent more than in the same period last year. Mallorca remains hotspot for international investors. Sales figures has increased in first two quarters of the current year. The franchise broker is thus consolidating its position in one of the most attractive real estate markets in Europe. As part of its strategic realignment, Homes & Holiday sold its own property shops to franchisees at the end of 2018. As a result...

1Aug By Porta MallorquinaNo Comments

Mallorca, Real Estate

Useful tips for selling property in Majorca

To ensure that the sale of your property in Majorca goes through smoothly, you should bear a few things in mind. We have put together the most important points for the legal sale of a property in Majorca in our guideline “Useful Tips for Selling Property in Majorca”. Please note that this guideline does not constitute legal advice, but is purely for information purposes. Depending on the individual case, it is recommended that you consult a solicitor in Majorca before selling. Porta Mallorquina Real Estate has been working with reputable solicitors for many years and will be happy to give you suitable recommendations. For a smooth sale, you should have the following documents relating to your property: Energy certificate (mandatory since 2013, also required before the proper...

13Jun By Porta MallorquinaNo Comments

Mallorca, Menorca, Porta Mallorquina

Ibiza, Menorca or Mallorca, which island suits you best?

The Balearics, along with the Canary Islands, have established themselves as one of the major European expatriate destinations although the three main islands differ extensively from each other. Stephanie Claudia Müller, Palma de Mallorca Deike Werner lives in Berlin but often dreams of Spain, in particular of Menorca: ''I have fallen in love with the island''. Whenever she feels under pressure in her everyday life she searches the internet for interesting properties for sale on the island: ''To have a home somewhere else is a very attractive thought''. The Balearics continue to be the hotspot for foreigners who want to live in Spain, even if it is only for a few months each year. Some rent a property for the time on the island, and others buy something to be able to come mo...

17Apr By Porta MallorquinaNo Comments

Mallorca

Good Friday procession in Pollensa

Good Friday procession on the Calvary Hill in Pollensa – a spectacle worth seeing Dear Majorca Friends, The annual Easter Procession on the Calvary Hill in Pollensa will take place again Good Friday, 19th April. Once again, several hundred of the faithful, tourists and participants will gather along the historic “Escalinata”, which comprises exactly 365 steps and is a landmark for Christian believers, representing penance and absolution of sins (one step for every day of the year). The spectacle actually begins in the early evening at the cloisters at the top of Calvary Hill, where all participants congregate and prepare themselves for the procession to the sound of church music. This in itself has an extremely striking and charismatic feel. Calvary Hill in Pollensa Sin...

20Jan By Porta MallorquinaNo Comments

Holiday Rental, Mallorca

From breakfast service to a private cooking event – why not spoil yourself in your holiday finca!

By Bettina Neumann Holidaying in your own finca is undoubtedly one of the most popular and relaxing holiday options. Privacy, independence and tranquillity are just a few of the great benefits of having your own holiday property, even though it is only rented. The only problem (for some people) is the cooking! Eating out in a restaurant every day seems to be the simplest solution initially, and the island impresses with an immense gastronomic selection for every taste and budget. A communal meal in the holiday finca, however, for two, with the family, or together with friends can definitely be a highlight and does not have to involve going shopping or cleaning the kitchen afterwards. Simply order a private chef ! Private cooking events, including breakfast service, are current...

14Dec By Porta MallorquinaNo Comments

Art, News

The mermaid amongst Mallorca’s artists

For discoverers of art: A visit to the studio of the artist Vivian Borsani in Santa Catalina ''Always be yourself until you are a mermaid, then always be a mermaid'', a quote by the author Penelope Pewter translated from the English perfectly suits the artist Vivian Birsani. The Mallorca resident has lived in many countries, something which is typical for creative people who settle on the island. Her art reflects beauty, vitality, and a myriad of colours found on the Mediterranean just as in the tropics. Whether fish, flowers or blossoms – nature and the sea play a leading role in Vivian's powerful, wild, almost unrestrained brush strokes. After all, this positive person was born in Brasil where she spent the first six years of her life before her family moved to Hamburg. Her arti...

10Dec By Porta MallorquinaNo Comments

Holiday Rental, News

Property market Spain – Foreigners share continues to rise

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...

12Nov By Porta MallorquinaNo Comments

Mallorca, News

Sundry tax information – what owners of Mallorca real estate need to know in 2018

The acquisition There are three ways to become the owner of a property – buy it, inherit it, or receive it as a gift. A buyer has to deal either with sales tax (10% on completed residential real estate) or with land transfer tax (8 to 11 per cent). In the case of an inheritance worth up to 700.000 euros the heir pays a Balearic inheritance tax of 1 per cent, always providing that he is a direct relative (spouse, child, grandchild or also, for example, parents) and has no other Spanish assets. Beware: In the case of other family relationships (brother, daughter-in-law, etc.) it becomes much more expensive. In the case of gifts, under the same ideal conditions as for inheritance the recipient would pay 7 per cent gift tax. Beware: The tax consequences for the benefactor can be consi...

26Oct By Porta MallorquinaNo Comments

Franchise

Porta Mondial Spain Franchise Roadshow 2018

From the 7th to the 15th October the Porta Mondial expansion team toured through Spain, a unique opportunity for everyone wishing to become a Porta Mondial franchise partner in Spain, as Porta Mondial is the first real estate franchise system to have specialised in holiday properties. Canaries, mainland, Balearics The first stop was Tenerife, after which came Gran Canaria followed by Marbella and Valencia, and finally an information event in the company headquarters in Mallorca. Josephine Jones, expansion manager for Spain, is very satisfied with the tour: 'Our offer of personal, 1 to 1 dialogue was well received and most of the participants knew of our concept and had already prepared very specific questions regarding their personally-desired location' Currently Porta Mondial...

8Oct By Porta MallorquinaNo Comments

Holiday Rental, News

Homes & Holiday AG is acquiring the holiday rental company Top Villas Mallorca – Porta Holiday increases its portfolio fivefold

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...