Sir Richard Branson wanted to transform the near three million square metre idyllic Son Bunyola estate in the north of Majorca into his flagship luxury resort in Europe, and one of the best hotels in the world. But after ten years of fighting the local authorities and environmentalists, Branson, frustrated by seeing his Son Bunyola dream, which would have created over a hundred new jobs in the area slowly burst, has put the property on the market and is to focus his attention on developing his European flagship resort in the Atlas mountains in Morocco. It is understood that most of the money raised from the sale of La Residencia and Virgin's stake in a restaurant group in the UK, will be ploughed in to the Tamadout Castle as well as an island near Antigua in the Caribbean where Branson already has the world famous Necker Island. Branson is believed to have raised nearly £30 million from the sale of La Residencia and Le Manoir Aux Quat' Saisons in Oxfordshire. Both his Moroccan castle and the Caribbean island will be transformed in to Necker Island style luxury resorts. Virgin group sources said that Branson will be investing the money back in to “top-of-the-range leisure.” Which is precisely what he in planned to do in Majorca. Now the sale of Son Bunyola, with two luxury villas and a main “palace” and uninterrupted views across the Mediterranean, is attracting serious interest from both the private and commercial sectors.

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