Bar Cristal in Palma's Plaça Espanya closed in summer 2017. One of the city's best-known and most iconic establishments, it had been run by the Ramis family for 62 years, but the rental agreement ran out in August 2017 and rents in Palma were going through the roof. Traditional bars couldn't afford them. Real estate agents reckoned that the Bar Cristal premises could command up to 25,000 euros a month; the Ramis family had been paying between 6,000 and 8,000 a month.
Palma's Bar Cristal to return
The increased rent led to the closure
Also in News
- New setback for Britons travelling to Mallorca from Sunday, September 1
- Britons could be “stuck” on planes at Mallorca airport
- Mallorca on storm lockdown for the long weekend
- Severe weather warning upgraded for all of Mallorca, airport delays
- Met. office warns Valencia storm heading towards Mallorca, Balearic government calls for the utmost caution
1 comment
To be able to write a comment, you have to be registered and logged in
Excellent news ,it was missed. It is important to maintain the heritage and character