Author: Sonja Meyne

In January Mallorca celebrates!
Event, Mallorca, Porta Mallorquina

In January Mallorca celebrates!

Mallorca is not only enticing with breathtaking beaches and crystal-clear water and is much more than sun and tourist magnets, but also appeals with a rich cultural tradition. The island reveals its authentic face in winter – quiet, charming and full of life. During these winter months, visitors and locals alike experience the island's living heritage while celebrating the festivals of Sant Antoni and Sant Sebastian in January. The island celebrates its saints, Sant Sebastià and Sant Antoni, with music, dancing and lavish public barbecues. The Saints and the devils Two important saints are celebrated in January: On the bewitched night before Saint Antonio's name day, all hell breaks loose in the truest sense of the word: on 16 January, bonfires are lit in many places, barbecues w...
Christmas Markets in Mallorca
Event, Mallorca

Christmas Markets in Mallorca

From Mulled Wine to Turrón: The Firas de Nadal Bring Christmas Cheer Despite Mild Temperatures Christmas markets are booming on the island and are gaining popularity every year, meaning there’s always a new one to discover. They’re a great opportunity to sample traditional Mallorcan Christmas treats, with an impressive variety on offer. Apart from Spain’s most important Christmas sweet, Turrón – almond nougat in various forms – there are Polvorónes: dry and sweet Christmas cookies that crumble in your mouth (from polvo = dust). You’ll also find all kinds of Christmas biscuits called Crespells, sweet snowflake-shaped wafers known as Neules, and Coca de Patata – potato bread, now flavored with anise, among other delights. Naturally, gingerbread and mulled wine are also available, as M...
Wintering in Mallorca: Enjoy the Mild Climate and Sea Breeze
Holiday Rental, Mallorca

Wintering in Mallorca: Enjoy the Mild Climate and Sea Breeze

Why is Mallorca ideal in winter? The reasons for choosing Mallorca as a winter destination are as diverse as the colors of the Mediterranean island itself. While Central and Northern Europe is often characterized by gray skies and icy cold during the winter months, Mallorca welcomes its visitors with warm sunshine and mild temperatures.   Here are some reasons why Mallorca in winter is a haven of well-being: Bask in the Sunshine: Mallorca continues to enjoy an average of 300 days of sunshine per year, allowing you to escape the cold season and feel the warm Mediterranean sun on your skin. Price Advantage: Apart from the soothing weather, Mallorca in winter offers financial benefits, with the low season resulting in lower prices for accommodation, restaurants, and ac...
Mallorca Real Estate Market Study 2024: In Mallorca, prices continue to rise.
Mallorca, Real Estate

Mallorca Real Estate Market Study 2024: In Mallorca, prices continue to rise.

Mallorca is booming. Visitor numbers are at an all-time high and the property market is also unaffected by the global challenges. In Mallorca, the average price per square metre for a holiday property in January 2024 was around 5,800 euros. This is 1.7 per cent more than in the previous year and shows a high degree of stability, for example, compared to the German property market. The luxury segment remains the price driver with an increase of 13 per cent. Top sea views can even cost up to 18.8 per cent more. The most expensive region continues to be the south-west, closely followed by the increasingly popular Palma city. While prices are rising, the number of properties for sale continues to fall. In the luxury segment, the market is almost empty and experts do not see an end to the price...
Together helping Mallorca
Mallorca, Porta Mallorquina

Together helping Mallorca

Mallorca is a paradise which has captured the hearts of many people. Despite its beauty, however, recent global events have left their mark on the island and have led to an increase in the number of people in need of help. As a company which cares deeply about Mallorca and its people, Porta Mallorquina is committed to helping the community. We have made it our mission to support people in need, not only by financial means but also by effectively helping. With that in mind we would like to present some of our social initiatives and partnerships: Lions Club Palma The Lions Club Palma is one of the few German-speaking initiatives on the island.Founded in 2005 its main aim has been to procure essential goods and to deliver them to the distribution points for passing on to the needy. Six day...
Moving to Mallorca? German exit tax and its implications
Taxes

Moving to Mallorca? German exit tax and its implications

The German Exit Tax is an Issue Especially, But Not Only When Changing Residence.  Every fifth middle-class person in Germany is now toying with the idea of emigrating. This is the result of a survey published in July 2023 by the SME association BVMW. Spain, and Mallorca in particular, are seen by many as an attractive new place to live. However, in this case, the German state asks for payment in the form of exit taxation. It is precisely this tax burden that can have serious implications. Taxed like a sale of shares Anyone who moves from Germany to another country is generally affected by the exit tax as the owner of shares in corporations. In exceptional cases, this also applies to partners in partnerships or sole proprietors. The taxation is the same as for a profit from the sale o...
The tax wheel in Spain is turning
Mallorca, Taxes

The tax wheel in Spain is turning

The following are the most important facts regarding tax changes in 2023, for owners of real estate on Mallorca and for those who intend to become owners. The new government, elected in June 2023, introduced some changes at the beginning of the year and now promises tax relief and new opportunities for property buyers and touristic rental property owners. The conservative People's Party (PP) will, however, operate as a minority party and so will need to rely on the support of the right-wing populists of the Vox party. New governmental pact in the Balearic Islands: Implications for property buyers and owners Under the designated Balearic president Marga Prohens, the parties have agreed on a government programme that aims for diverse tax reductions. In the area of property purchases, th...
Historic properties on Mallorca are in trend
Mallorca

Historic properties on Mallorca are in trend

Mallorca offers an incredible diversity whether scenically, culturally or culinary, but also in the area of real estate. With the latter more and more buyers are discovering a love for historic properties. For lovers of older buildings there are attractive property options ranging from historic fincas and town-houses to old monasteries and mills, all reflecting the unique characteristics and charm of the island. These centuries-old treasures can be found particularly in the central part of the island, although they also exist in other regions of Mallorca. Handled with passion and patience historic properties become unique objects with great potential to increase in value. Where, however, can they be found and what needs to be considered when buying and renovating? Historic properties acro...
Desirable location in the south-west – the Porta Mallorquina Franchise licence for Santa Ponsa is now available!
Porta Mallorquina

Desirable location in the south-west – the Porta Mallorquina Franchise licence for Santa Ponsa is now available!

The southwest of Mallorca is one of the most sought-after locations for real estate agents on Mallorca - nowhere else on the island is there a larger range of properties on offer and the price level is significantly higher than the island average. Porta Mallorquina has been represented in Santa Ponsa since 2012 with its own real estate shop, which moved to the well-known Son Bugadelles business park in 2020. The special feature of the location is that the real estate agency is located directly in the building of the popular Illes fitness studio. The elegant interior of the Porta Mallorquina shop stands out well behind the high glass façade of the Illes entrance and offers customers the opportunity to find out more about the real estate and services offered by the island-wide estate agen...
Mallorca, Real Estate

Buying property in Majorca – Tips for Buyers

  Buying a property in Spain is very different to buying a property anywhere else in Europe. We have compiled the most important points to ensure the legal purchase of a property in Majorca in our guideline “Tips for Property Buyers”. Please note that it is not legal advice, but purely for information purposes. Depending on the individual case, it is recommended that you consult a solicitor in Majorca before buying. Porta Mallorquina Real Estate S.L.U. has been working with reputable solicitors for many years and will be happy to give you suitable recommendations. We at Porta Mallorquina Real Estate will assist you, as a buyer, with any questions you may have. With the assistance of the authorities and solicitors we can, for instance, clarify the following points for our...