Here we bring you the latest news happening around the island – from New Openings to Top Events whether you live here all year or just visit from time-to-time – stay in the know with what’s going on!
El Molinar development approved
Palma Town Hall has given the green light to the Son Bordoy development in El Molinar, between the Carrer de Llucmajor and the Autopista de Llevant. This approval does not mean that developers can yet break ground, however, with a separate authorisation required from the Government of the Balearic Islands. If completed, the project will add 750 homes to the area, with prices starting at €75,000.
Palma’s Swedish suburbs
Recent reports show Swedish real estate investment is pushing increasingly into the Palma neighbourhoods of La Soledat, Son Espanyolet, and Pere Garau. With the capital’s Old Town and Santa Catalina now saturated, buyers are having to look further out to secure property in these more affordable areas. The strength of the Swedish krona has helped fuel the trend, with Swedish investment in Palma increased by 100% since 2013.
Full of character, delightful shops and amazing eats, the Santa Catalina area of Palma deserves a special look. Here, we tell you all you need to know! […] Discover Santa Catalina!
Formentor goes car free
Famous for harrowing hairpins and breathtaking views, the road that leads from Port de Pollença to the Formentor lighthouse will be made car free this summer season over July and August. Shuttle buses will be the only motor vehicles allowed on the road, with planned departures from Port de Pollença that will make four stops en route to the lighthouse.
Standard International pursues Gesa building
The American hotel group, Standard International, has approached energy company Endesa regarding the landmark Gesa building in Palma’s Nou Llevant area. Gesa has stood abandoned and in disrepair since being sold in 2004, and the building has been the subject of a decade long court battle between Endesa and Town Hall. Standard International group is known for their luxury hotels in New York, Los Angeles, and Miami.
Rental licence review
On July 12th, the Council of Mallorca meets to review licence zoning for the island and, if approved as expected, licences will commence being issued by the tourism ministry. Charges are contingent on the number of beds per property and certifications for energy efficiency and water usage may be required. Licences will be given for five-year durations and will be renewable at no additional fee.
Pollença has priciest rentals in Spain
Pollença now demands the highest price-per-night average in summer season for all of Spain. This year, the municipality has a record-setting average of €373 per night in the high season, and €217 per night in the low season.
Prices have skyrocketed due to the new holiday rental restrictions and high demand by national and international tourists for accommodations on the island.
Pollensa town in the north of Mallorca offers lots to see & do, enchanting surrounding areas, great restaurants and hotels plus lots more. […] Pollensa
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Enjoy the best experience of Mallorca!