Since July 1st 2016, the Tax for Sustainable Tourism is due on all overnight stays in tourist accommodations on the Balearic Islands in order to compensate the territorial and environmental impact of tourism on Mallorca, Menorca, Ibiza and Formentera. Purposes Environment The first and most important purpose is the protection, preservation and recovery of the…
Even it goes without saying, some things fall into oblivion in mediterranean climate and from the impression of sun, sand and sea. It gets very quickly hard for you to visit properties which do not meet your expectations in any way, just because the major criteria have not been discussed and identified in advance together…
Not surprisingly, the most attractive property type of holiday guests is the typical mallorquin finca on a big landpot. This is the result of a study by CRES (Steinbeis Institute Center for Real Estate Studies) on behalf of the holiday rental company Porta Holiday. Among other things it stated that the typical holiday finca is…
Most owners of holiday homes decide to rent it during the season. Tourism records in the last years (13.7 mn. visitors in 2017) together with an increasingly strong holiday rental market are a solid basis to transform Mallorca property purchases into an attractive income investment. What do you need to participate ? A marketable and adequately…