| Mallorca real estate has been popular for several | | | | In response, the island has fought back showing it's |
| decades now, with many Europeans who have | | | | not just the Mallorca weather that attracts property |
| holidayed on the Spanish island deciding to buy a | | | | buyers, but a well established market with the |
| second home for holidays, a business, or for | | | | infrastructure in place to protect overseas investors |
| retirement. | | | | money. |
| Prices have risen on the island as buyers - mainly | | | | Mallorca Weather Forecast |
| British and German - have moved in, but there are | | | | Any slow down or possible reversal of property |
| mixed signals coming from the property and tourist | | | | prices could be welcomed by the local Majorca |
| sectors, which could see a freeze in Mallorca property | | | | population. |
| inflation, and possibly even a dip in prices in the near | | | | They have seen the price of property in Majorca |
| future. | | | | escalate, and many have been priced out of buying |
| Official figures for Majorca holidays this year indicate | | | | their own home. |
| an increase in tourist numbers by between five and | | | | This has led to some protests, with a demonstration |
| seven per cent. And it is from the pool of | | | | against plans for more development in Mallorca being |
| holidaymakers where property sales often happen a | | | | held earlier in the year, with the belief that |
| few months later, as some visitors like the island so | | | | developers will destroy what is left of Majorca's open |
| much they decide to look into buying an apartment | | | | spaces, and rendering the map of Mallorca |
| or villa, with some even retiring to the island, or | | | | unrecognizable in years to come. |
| buying a business. | | | | With encouraging tourist figures, Mallorca hasn't been |
| With the increase in visitor numbers, property | | | | resting on her laurels. This summer's SuperCup |
| demand should in theory be good. | | | | yachting event has seen the appointed of an |
| Cheap Mallorca flights have been running for some | | | | experienced race organiser, in an attempt to make |
| years now, and even with increased air tax in the | | | | the event more high profile. |
| UK, Mallorca is easily accessible from more than a | | | | Similarly, neighboring island Minorca is hosting a Classic |
| dozen airports in the UK for property owners and | | | | Yachts weekend, with entrants expected from |
| tourists alike, with a flight time of under two hours, | | | | across Europe, with the event boosting occupancy |
| allowing a market for weekend homes for overseas | | | | for Majorca hotels. |
| property buyers. | | | | Of the three Balearic Islands, Ibiza comes top for |
| Although one of the earliest package holiday | | | | spending per tourist according to official recent |
| destinations with companies like Thomas Cook, | | | | statistics, reaching nearly a hundred Euros a day per |
| Mallorca has had new competition in recent years | | | | tourist, with Majorca second, and Menorca third. |
| from the former Soviet Bloc countries in Eastern | | | | Current prices for property in Mallorca include brand |
| Europe, that are now able to offer cheap holidays to | | | | new 2 bedroom 2 bathroom apartments in Puerto |
| the British market, and for the property market | | | | Pollensa at 285,000 Euros, a country house with its |
| countries like Croatia and Bulgaria have been able to | | | | own pool at 1,500,000 Euros, and a three bedroom |
| offer apartments and villas at a fraction of the price | | | | three bathroom villa with its own pool at 900,000. |
| Majorca can offer. | | | | |