Princess Birgitta of Sweden passes away at her home in Santa Ponsa
Princess Birgitta owned a home on the island for many years, and was a key member of the Santa Ponsa Golf Club and the Santa Ponsa Country Club.
The end of the Golden Visa for Mallorca
It was seen as a way of attracting badly needed foreign investment in the wake of the eurozone crisis, which hit Spain’s property sector particularly hard.
Britons are still snapping up properties in the Balearics.
Britons are still snapping up properties in the Balearics.
British millionaires forecast to flood to Mallorca
Britain’s decision to scrap its “non-dom” status - which lets wealthy, often foreign residents avoid tax on overseas income - had also had a “small effect.”
Palma City Council to buy abandoned Gesa building
Palma City Council may not have the money.
“Mallorca is a five-star plus global destination to invest in real estate, it’s hard to beat...”
“If you want to have a place in the south, in the Mediterranean, to have this infrastructure, Mallorca is second to none.”
62% of home buyers in the Balearics are foreigners
British buyers continued to make up the largest proportion of overseas property spending in the country in 2022.
The majority of the investment was spent on ports and airports.
The majority of the investment was spent on ports and airports.
“Foreign investors and companies are buying big slice of the tourist industry...”
“Foreign investors and companies are buying big slice of the tourist industry...”
Tourism
Majorcan hotel chains defy Trump
Majorcan Hotel chains are expanding in Cuba despite orders from the US State Department and President Donald Trump not to invest in the Caribbean Island.
Balearic investment
Balearic investment slammed as a “punishment"
The investment budget since the Partido Popular took over in 2011 has, on average, been 118 million, while under PSOE it had been 427 million.
- Traveller registration system: If Mallorca's demands are not met, the Spanish Government will be taken to court
- Fresh move to scrap new tourist registration scheme in Spain
- The Balearics become 'Nomadland': Homelessness swallows the working class
- The EU threatens the future of Mallorca beach bars
- Ryanair under fire: Two days after aborted landing, passengers arrive in Palma
Majorca tourism
Viewpoint: Winds of change
“Foreign investors and companies are buying big slice of the tourist industry...”
Jason Moore19/08/2021 10:17