Real Estate

Top 10 golf properties in Mallorca
Golf, Real Estate

Top 10 golf properties in Mallorca

With its 24 golf courses, Mallorca is known and loved worldwide as a paradise for golf lovers. The exposed location of most courses near the coast offers breathtaking views and attracts both passionate players and property buyers. Exclusive villas, flats and fincas near the golf courses are becoming increasingly popular. A property on a golf course offers tranquillity and unobstructed views, which increases its value. Discover our top 10 golf properties in various price categories here. Our Top 10 of properties on the golf course 1. Exclusive villa with unique views over the golf course, mountain landscape and the sea, in Son Vida Between the historic Castillo Hotel and the Sheraton Golf Resort, this first-class villa is located in the most sought-after residential area of Palma. The...
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...
Long-term rental in Majorca- what should tenants bear in mind before signing the rental contract
Franchise, Mallorca, Porta Mallorquina, Real Estate

Long-term rental in Majorca- what should tenants bear in mind before signing the rental contract

The demand for long-term rentals, as well as seasonal rentals in Mallorca, is always high. Porta Mallorquina, as a real estate agent, offers a wide selection of flats, houses, villas, and fincas for long-term on Mallorca. The demand for long-term rentals, as well as seasonal rentals in Mallorca, is always high. Porta Mallorquina, as a real estate agency, offers an attractive selection of flats, houses, villas, and fincas for long-term and seasonal rental in Mallorca. What should prospective tenants look out for before signing a tenancy agreement? Nicole & Roland Schepp, franchise partners of Porta Mallorquina for rental answer the most important questions on this topic: What should I bear in mind when viewing a rental property in Mallorca? When viewing a property, it is adv...
How can I finance my property in Mallorca?
News, Real Estate

How can I finance my property in Mallorca?

There is no doubt about it: Mallorca is more in demand than ever, especially for a second home. Above all, an island property is a worthwhile investment that continues to increase in value every year with unabatedly good forecasts. The question is, what is the best way to finance my property in Mallorca?   Real estate financing: what options do you have? If you are buying a property in Mallorca, you have various and interesting options for financing as a non-resident. Even if you can raise the money for a property purchase directly, it is advisable to consider financing for several reasons: Tax deductions, liquidity protection, and diversification of your investments. It is possible to finance your property in Mallorca through a bank in Spain or private banks in other countrie...
Holiday rentals Mallorca – New Laws for Holiday Rentals in Mallorca
Franchise, Holiday Rental, Mallorca, Real Estate

Holiday rentals Mallorca – New Laws for Holiday Rentals in Mallorca

Update July 2023: Government pact in the Balearic Islands with new opportunities for holiday rentals on Mallorca The change of government on the Balearic Islands promises tax relief, and new opportunities for property buyers as well as owners who rent out their property as touristic/holiday rental. The conservative People's Party (PP) will operate as a minority government and thus will depend on the support of the right-wing populists of Vox. Under Balearic President Marga Prohens, the parties have agreed on a government programme aimed at numerous tax relief factors. One of the planned measures concerns the liberalisation of touristic/holiday rentals. The moratorium that has been in place since 2022 and has blocked the issuing of new licences is to be lifted. We will keep you informed ...
Porta Mallorquina opens new property shop in the south of Mallorca
Mallorca, Porta Mallorquina, Real Estate

Porta Mallorquina opens new property shop in the south of Mallorca

Just in time for the start of the high season, Porta Mallorquina continues to expand its presence on Mallorca. In Son Veri Nou, Barbara de Matos opens her 2nd real estate shop in the south region. Barbara de Matos has already been a franchise partner of Porta Mallorquina for 14 years and is represented with her team in the region with a location in Llucmajor. This means that Porta Mallorquina is now present with 8 real estate shops on the largest Balearic island. "The property market in Mallorca continues to prove its worth, with demand for well-located holiday properties remaining high." reports Barbara de Matos The new property shop is located in Calle Rambla 4 and thus very central in Son Veri Nou. With their many years of experience, Barbara de Matos and her team are on...
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...
Mallorca Real Estate Market Study 2023 – Prices for properties increase by 10.9 %
Mallorca, Porta Mallorquina, Real Estate

Mallorca Real Estate Market Study 2023 – Prices for properties increase by 10.9 %

Prices for holiday properties on Mallorca have risen across the board for yet another year - in January 2023 the average price per square metre was around 5,700 euros which corresponds to an increase of 10.9 percent compared to the previous year. These are the results of an independent market study conducted by the Steinbeis-Transfer-Institute (STI) Centre for Real Estate Studies (CRES).  Luxury properties in Mallorca increase by up to 30 percent Throughout the island average prices rise to around 5,700 euros per square metre Over 10,000 euros per square metre paid for the first time in the luxury segment Rising prices also expected in the coming years More restrictive legislation slows down new construction and could force prices higher End of price increases in Mall...
News, Real Estate, Taxes

Whether to inherit a property in Mallorca or to give it as a gift? A question of cost …

Transferring your holiday property wisely can save a lot of money, as in extreme cases the tax levied on inheritances or gifts in Spain can be more than 70 per cent. It can, however, also be done much more cheaply and to that end, we would like to provide an overview and explain where traps lurk and where the opportunities for non-residents can be found. Anyone who owns a property in Mallorca must sooner or later ask themselves the question - what will happen to my holiday property when I am no longer alive? Is giving it as a gift during my lifetime the right step or would a normal inheritance be a better way? When transferring real estate in Spain a number of legal regulations have to be considered, and it makes sense to deal with these issues well before the transfer takes place. It c...
Porta Mallorquina, Real Estate

Market study of real estate in Mallorca 2022 – Mallorca real estate is gradually becoming scarce

In the south-west the number of properties offered for sale is down by a third. Despite the increased amount of new constructions offers have reduced by almost 20 per cent Mallorca property prices rise by up to 18 per cent Almost 10,000 euros per square metre in the luxury segment Price level still significantly lower than in Germany Despite the high rate of new construction supply has declined around 18 percent Those who currently want to buy a vacation property in Mallorca, must choose from a much smaller supply compared to last year, decide quickly and pay a higher price. That is the conclusion of an independent market study commissioned by the real estate agency Porta Mallorquina Real Estate. And experts do not see an end to the real estate boom in Mallorca. The le...