Ulrike Eschenbecher, Author at Porta Mallorquina Real Estate

29Nov By Ulrike EschenbecherNo Comments

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...

9Sep By Ulrike EschenbecherNo Comments

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...

26Nov By Ulrike EschenbecherNo Comments

Real Estate

Balearic sales rise in September by 15.4%

The real estate markets in Mallorca, Menorca and Ibiza are still on the rise. The Instituto Nacional de Estadística, INE, has reported 706 properties sold in September this year in the Balearic Islands, an increase of 15.4% on 2013. The demand from abroad for well-located holiday homes in Mallorca remains strong in 2014. Looking at the first nine months cumulatively, the sale rate of real estate in 2014 increased by 17.3% compared to the previous year. Source: INE, November 2014 After a slight decline in sales earlier this year, sales almost doubled in March and in the following months the previous year’s figures were each significantly exceeded. The demand from abroad for well-located holiday homes in Mallorca and its sister islands remains strong. According to the Spanish Ch...

3Jun By Ulrike EschenbecherNo Comments

Real Estate

First book a holiday here – then buy. Try out these homes in Majorca for yourself!

Having your own vacation home in Majorca also makes for an interesting capital investment. Homeowners do not have to worry about negative interest, inflation rates or money-market fluctuations. But which property will offer attractive returns? If you are toying with the idea of using your vacation home not just for yourself, but also offering it as a vacation rental, your calculations will be more reliable if the property has already been rented to vacationers in the past. We have compiled a list of interesting houses, fincas and villas in Majorca that you can not only rent for your next vacation in Majorca, but can also buy. That way, you can try living in “your” finca beforehand and gather reliable information about potential income from vacation rentals. 1. Exclusive holiday ...

9Apr By Ulrike EschenbecherNo Comments

Mallorca, Porta Mallorquina

Porta Mallorquina supports the Lions Club Majorca’s “Comida para todos” social project

As a successful real estate business, we believe we also have a corporate responsibility to society, and therefore donate part of our advertising budget to various aid projects. In the past we have supported the “Mundo de Niños” association that looks after street children in Peru, as well as ASPAYM Illes Balears, an organisation that assists people with disabilities. Porta Mallorquina supports the Lions Club Majorca In 2014 we are pledging our support to a very special project, founded by the Lions Club Majorca: the “Comida para todos” campaign. For many people, one hot meal every day is not something they can take for granted. And that’s also the case in Majorca – the island that stands for holidays, sunshine, easygoing living and carefree pleasure. This is the shadow side of the suns...

28Feb By Ulrike EschenbecherNo Comments

Mallorca, Porta Mallorquina, Real Estate

Holiday Rentals – 3 Sample calculations of return on investment

To achieve a lucrative return on investment (RoI), the location of the property (whether it is an attractive travel destination all year round, attractive to several target groups such as cyclists, beach tourists, etc.) and the interior design play a crucial role. They determine the maximum daily rate that can be charged, and the property’s rental capacity. In the latter regard, the rental agency involved plays an important part. Experience tells us that during the first year, when the property is new to the market, there are not as many lettings as in subsequent years, because good properties have a high rate of repeat guests. Premium properties can achieve letting capacity of up to 75% p.a. The average gross return is generally in the region of 4 to 6 percent over the long term. ...

14Sep By Ulrike EschenbecherNo Comments

Mallorca, News

Real estate sales figures continue to rise in the Balearics

The Spanish statistics office, INE, reports that 623 properties (excl. social housing) were sold in the Balearics in July 2013. This represents a year-on-year increase of 9%. Impressive property in privileged situation close to Llucmajor In total, notaries in Majorca, Ibiza and Minorca recorded 4,727 sales transactions in the private housing market during the first seven months of the year. This confirms the previous months’ increases: in total from January to July, 8.4% more properties were sold compared with last year. This means that the Mediterranean islands are significantly above the Spanish average – an increase of 4.9% during the same period. The noticeable rise in demand is already having a slight impact on prices. According to the internationally known real estate evaluator, T...

2Sep By Ulrike EschenbecherNo Comments

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...

31Jul By Ulrike EschenbecherNo Comments

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...