ball man 6 of Platja de Palma is probably the most famous beach bar of its kind. In the boom years of the 90s, has managed the Local it is up to the movie title and the stereotype is the bad side of Mallorca. Actually there are 15 of these Bars and really, they are called Balnearios. German tourists have the beach on the island section, therefore, affectionately called “ball man” baptized and at least in this country, to rather dubious fame helped.
Since then, the Balearic government in 2017, has your new tourism law decided to stop the Booze – and mass tourism in Majorca unit that converts the image. The ball man-to be renovated stalls and dressed up. In the first beach line, only four or five-star hotels may be operated. “Many of the hotel employees have to make long hours of training, to the simple houses upgraded,” says Anne black, Bacher. She lives since 2004 in Mallorca, and is today the managing Director of the Agency, Mallorca Event Factory. In addition to the Sangria-bucket, there is certainly now also Sushi on the roof terrace on the ball man.
“Majorca is perfectly connected”
And the concept seems to be working. The demand for expensive vacation properties has continued unabated for years. In 2018 a sale achieved an average price of 613000 euros, a year earlier, the average sale price was 552000 Euro per property. And also the Air-Berlin-Bankrupt in 2018, the mood on the holiday island could tarnish only temporarily. Finally, there were soon competitors, who filled the vacant Slots at the airport of Palma.
“Majorca is perfectly connected,” says Ulrike ash Cup, press spokesperson for the brokerage company, Porta Mallorquina Real Estate. “Here flights go daily in all the European cities that are neighboring to achieve Islands of Ibiza and Menorca, there’s significantly more difficult.” A huge advantage of the location for the largest of the three Balearic Islands and is a further guarantee for a stable real estate prices for holiday homes.
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luxury is in Trend
“The price increases of recent years are an indication of a longer-term Trend,” explains Professor Marco Wölfle from the STI Center for Real Estate Studies (CRES) of the Steinbeiß University of applied Sciences in Freiburg. With consistently positive market environment, the increase to be even rates until 2022, up to six percent.
The market study “the holiday property market Mallorca 2019”, the CRES for the fifth year in a row for the Porta Mallorquina shows. Around 4900 online offered holiday were analysed objects of the five largest brokers on the Mallorca market. “We have checked all the Ads very carefully and dud are largely filtered out,” says study leader Wölfle, “obvious duplicates or offers in the island’s centre, the promise of a view of the sea, flew out immediately.”
The real estate industry is benefiting now from the change of image.Photo: Porta Mallorquina Real Estate
The price increase seems to be surprised, if, the Figures also show that each of the second property to the category of luxury or lifted. Only 14 percent of the vacation properties are in the lower price segment.
“If the German buys a vacation home, then he has money,” explains Ulrike ash Cup. Finally, one bar, no Finca in Mallorca if you are living in Berlin for rent, but rather as a Second or third property. And just like on the island, it is in the Winter, never really cold, and you can order in the summer of his beer in German.
restrictions are not a Problem
since last summer, existing restrictions for a vacation rental not have impressed the real estate market apparently. “Although there are now many regulations that make it difficult for new land to be shown, in the case of single-family homes, but there’s no Problem and there is still enough space,” observes Porta Mallorquina CEO Joachim Semrau. In addition, the Mallorcan inventor had, in terms of authorities. If a plot is too small for a building, then you buckle up with the neighbors, in order to obtain a building permit.
new buildings were not just the foreign buyers are so popular, although much more expensive than a restored Finca, for example, because they want to have with your vacation property is not a great effort, explains a spokesperson Ulrike ash Cup. “Our customers want to have a finished object that you care about nothing more.”
high Quality Villa with Pool and great views in Valldemossa.Photo: Porta Mallorquina Real Estate
Every tenth property on the island is therefore today a new building. The operating in the South of the island particularly well, because that’s where the tourists are, the new modern houses want and in the North, peace and quiet and the old Majorcan charm. In the North-West there are currently no building permits. A third of all vacation properties is located today in the southwest. Around 40 per cent of the new houses will be built in the Region between Port d’Andratx and Portals Nous, as well as in the outskirts of Palma and in the South-East.
About the price of the sea decides, ultimately, in addition to the situation in the first place view, explains study leader Wölfle, make at least 15 per cent price premium. A direct access to the beach increases the value of the property to a third.
a final goodbye
For investors, Majorca, is, according to the CRES study in any case, as one of the Top holiday markets. And also, because Majorca is in the tourist, nor as solid and secure. “While the public perception of regular terrorist messages have arrived, and the depressing fate of the refugees dominated, appears to Mallorca as a haven of stability among the tourist destinations,” reads the study. The Figures of the statistics portal of the “statista”, after which the Balearic Islands is the second most popular travel destination for the German 2018 confirm.
in addition to the emotional reasons, the Figures for investment in Mallorca discussions today. The new restrictive licensing for holiday rentals on the Mallorcan authorities and the introduction of the tourist tax “Ecotasa”, according to the study anything other than negative for a stable real estate market, finally, show the serious desire for a sustainable tourism concept.
new Villa with terrace and Pool in Costa d’en Blanes.Photo: Porta Mallorquina Real Estate
On the island much of the change is. Everything will not change. This kind of security finally, the British, the Germans, the second largest group of buyers of Mallorca property, the castle can make it a tradition in Majorca, the second Party Magaluf cozy. Finally, the United Kingdom and the EU agreed on a “Mallorca-emergency measure”: The British Airlines allowed to operate their flight connections with the EU up to seven months after the Brexit at the end of March. And also in the last year, doubling the tourist tax will not be increased again in summer, writes the “Mallorca Zeitung”. Even if it would result in the regional elections in may to the change of power, would be for it namely hardly any time.
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the Ballermann 6, or could disappear to far on Mallorca is a well known Club “mega-Park” will ever be entirely from the city of Palma, you do not believe, at least, Anne black, Bacher. Because this is part of finally.
