Facts & Figures
1977
With over 40 years of experience, Engel & Völkers is one of the world's leading service companies.
> 16,600 Professionals
Over 16,600 people worldwide are active in the Engel & Völkers network.
> 35 Countries
We are present in over 35 countries on five continents.
> 1,000 Locations
We have local market expertise in more than 1,000 locations.
€ 1.1 BN
In 2023, total revenues from commission (gross) totalled 1.1 billion euros.
Source: Company Data, Engel & Völkers Global 2024
Our Business Divisions
With over 1,000 residential property shops in prime locations, we have become the world’s leading provider for the brokerage and rental of premium property.
Our core competencies in commercial real estate include the reliable and efficient marketing of hotels and aparthotels, office and retail space, residential and commercial buildings, as well as comprehensive hotel consulting.
Engel & Völkers knows how to successfully market your real estate project. We are a strong partner who will support you from the initial stages of project development through project sales.
Private Office Advisors provide discreet access to premium real estate in the world’s most sought-after locations, including opportunities that are not marketed publicly.
Source: Company Data, Engel & Völkers Global 2024
MALLORCA
IBIZA
MARKET LEADER
Engel & Völkers is the market leader for real estate in the Balearics.
Facts & Figures
200
>30+ Years
ON THE BALEARICS
Engel & Völkers opened its first overseas office in 1990, in Palma. With more than 30 years of market knowledge the company is leading the real estate market on the islands.
EMPLOYEES AND AGENTS
The Engel & Völkers team includes more than 200 multilingual employees and real estate agents in the Balearics.
2,600+
PROPERTIES
With over 2,600 listings, Engel & Völkers markets the most properties in the Balearics.
SALES TRANSACTIONS
418 sales transactions were recorded by Engel & Völkers in the Balearic Islands in 2023.
€ 736 M
TRANSACTION VOLUME
Engel & Völkers achieved a transaction volume of 736 million euros in the Balearic Islands in 2023.
23 + 1
PROPERTY SHOPS + COMMERCIAL OFFICE
There are 23 Engel & Völkers real estate shops in the Balearics: 19 in Mallorca, 2 in Ibiza, and 2 in Menorca. Furthermore, we opened a commercial office in Mallorca in 2021.
Cala Morell
Cala’n Blanes
Property Shops
Santandria
Cala’n Bosch Ciutadella
Cap d’Artrutx Cala Blanca
Son Xoriguer
Cala Galdana
Santo Tomás Ferreries
Cap de Cavalleria
Fornells
Arenal d’en Castell
Addaia
Favaritx
Es Mercadal
Son Bou
Alaior
Cala’n Porter
Es Canutells
Mahón
Es Grau
Sa Mesquida
Es Castell
Sant Lluís
Alcaufar
Cap d’en Font
Binibeca
Son Ganxo Punta Prima
Ciutadella
Av. Jaume I el Conqueridor, 58 07760 Ciutadella +34 971 179 700
Ciutadella@engelvoelkers.com
Mahón
C/ Ses Moreres 34A 07703 Mahón +34 971 369 275
C/ Ses Moreres 34A 07703 Mahón +34 971 369 275
Menorca@engelvoelkers.com
Mahon@engelvoelkers.com Holiday Rentals
Scan QR code for contact details of our real estate shops on Menorca. Engel & Völkers Locations
€ 914,000
Average price of property sold by the company
Highlights 2023
7.5 %
Average price increase of property sold by Engel & Völkers 2022 - 2023
€ 200,000 - 3.3 M
Sold property range
2nd Best Year
Engel & Völkers records second-best year in 18-year history on the island
Buyer nationalities 2023
Source: Company Data, Engel & Völkers Menorca 04/2024
Steps to a Successful Sale or Rental
1 VALUATION
We undertake rigorous analyses of current market trends to determine the best possible price for your property.
2 CONTRACT
Once we have agreed the best selling price for your property, the sales or rental order can be signed.
3 PHOTO SHOOT
High quality photography is provided by our own team of professional real estate photographers.
4 EXPOSÉ CREATION
A detailed description of the property including amenities, specific characteristics and location.
5 TEAM VIEWING
A comprehensive presentation of the property to other Engel & Völkers real estate agents in Menorca.
6 CUSTOMER APPROACH
Personalised property presentation to potential buyers or renters with corresponding search criteria.
7 MARKETING ACTIVITIES
Engel & Völkers offers an exclusive holistic integrated marketing concept including classic services as well as cutting-edge marketing strategies.
8 CLOSING TRANSACTION
We will support you throughout negotiations with a buyer or tenant, from the day an offer is passed to the day the notarial deed or rental contract is signed.
Documents
Required documents
Important copies to be submitted:
• Passport + NIE (Foreigner Identity Number) or ID card
• Deeds and Land Registry Certificate ('Nota Simple')
• Energy certificate and registration of the certificate
• Final building certificate ("Final de obra")
• Habitability certificate ("Cédula de habitabilidad")
• Rental Licence
Following documents are often requested by interested parties:
• Floor plans
• Building Licence
• Topographical report with geo-coordinates
• Well Licence (if applicable)
• Last bills: Municipal taxes, electricity & water supplies IBI’s, etc.
• List of community costs and minutes from the last two community meetings (if applicable)
• Certificate from the townhall that the property has no urbanistic fines pending
MARKET KNOWLEDGE
Price Estimation
PRICE FACTORS
Market knowledge = Team experience & expertise
ARTIFICIAL INTELLIGENCE
6 REAL ESTATE PROFESSIONALS
18 years of experience on the island 100% of our real estate agents speak English and Spanish perfectly Other languages spoken within the team include: French, Italian, Menorquin/Catalan, Polish
4,5
Average Google review
Menorca is a beautiful and tranquil island, offering an escape into nature. Its many hidden coves provide the perfect setting for solitude and harmony, where one can enjoy peace and silence.
Gary Hobson Managing Director Engel & Völkers Mallorca North & Menorca
Price factors
The following property characteristics have an impact on the price of a property: QUALITY
SUSTAINABILITY PRIME LOCATION RENTAL LICENCE
Artificial intelligence
Price estimation with the help of artificial intelligence: Involves the consideration of historical sales data, consumer behaviour, market trends, and competitor pricing strategies.
• Advance AI assisted matching of clients to property
• Agreement with Big Data analysis and research tool Casafari
• Daily updated market data on thousands of properties available on Menorca
EXCLUSIVE
Exclusive Mandate
4 Reason why's for an exclusive mandate
1. Quicker Sales
Our exclusive properties take less time to sell. This fact is based on the evaluation of Casafari, an independent real estate market research company which analyses around 4,000 property listings in Menorca.
2. Highest Sales Price
Our exclusively marketed properties have a proven track record of less price reduction. This data indicates that exclusively listed properties are less likely to suffer any price reduction, which guarantees you the highest possible sales / rentals price.
3. The Nº 1 Agent in Balearics
Engel & Völkers is the market leader for residential real estate in Balearics based on the company’s annual turnover, market share, the number of property shops, real estate advisors, as well as the total stock of properties for sale on the market. A combination of these factors provides a high level of client trust in the company compared to any local competitor.
4. Unique Marketing Concept
With comprehensive, brand-oriented strategies, together with an outstanding digital marketing approach, Engel & Völkers Menorca offers its customers a unique marketing concept. This means that we attract disproportionately more potential buyers or clients, as well as achieving higher prices in negotiations.
Our activities
• Production of sales or rental literature
• Liasing with authorities
• Organising viewings
• Credit checks
• Regular reports on the brokerage process
• Conducting contract negotiations
SERVICE
MARKETING
• Approaching selected search clients
• In-shop display
• Online marketing
• For Sale sign
• Targeted mailing
• Exclusive events and partnerships
• Other advertising
CONTRACT
• Preparation for the notary appointment
• Checking contractual details
• Supporting the process until the contract is signed
• Handover service
Menorca is one of the finest examples of sustainable tourism in the Mediterranean. Great efforts have been made here to ensure a long-term balance between human development and the environment. There is a strong overall emphasis on tradition, regionality and preservation of the island’s natural beauty, while maintaining high quality. Among other things, Menorca’s gastronomy is thriving and is uniquely diverse as is its cultural and art scene
Francisco Arnau López Director Engel & Völkers Menorca
STANDARD PRESENTATION
Property Marketing
PHOTOGRAPHY
High-quality photography that complies with Engel & Völkers guidelines
PROPERTY DESCRIPTION
Detailed description of the property including amenities, specific characteristics and location
ONLINE EXPOSÉ
Digital property presentation, international reach
PREMIUM EXTENSIONS
PROPERTY FILM
Dynamic , high-impact presentation
DRONE PHOTOGRAPHY
High -quality professional photography that helps your listing stand out
PREMIUM EXPOSÉ
Editorial design, premium-quality printing
PREMIUM BOOK
Exclusive hardback, editorial design
360° TOUR
A virtual viewing brings the property to life
Photography
• High-quality photography by our professional photographers
• Day and night shots as well as drone images to show every aspect of the property
Virtual reality
• Virtual tour of the property with Matterport technology
• 3D live video viewings using Unreal Engine 4 technology
Prestigious placement
In-shop display
• Your exposé in our property shops in the best locations on the island
• Worldwide display in Engel & Völkers shops
Individual search customer consultation
• Personal presentation of your property exposé to potential buyers with corresponding search criteria
SECRET MARKETING
Approaching selected
Marketing Approach
DIRECT MARKETING
Neighbourhood letters
Farming postcards
Billboards
Hotels & Lifestyle hotspots
Exclusive collaborations
search clients LOCAL MARKETING
For Sale sign
Open house
E&V NETWORK
Property fairs
Private Office
Cross-selling
Holistic Marketing
IN-SHOP PRESENCE
In-shop display
In-shop event
Search customer consultation
DIGITAL MARKETING
Website Newsletter
Online marketplaces
Content marketing
Display advertising
Search engine marketing
Social Media
PRINT ADVERTISING
Newspapers
Magazines
GG magazine
Catalogue
Coffee-table book
Bespoke property
Brochures
MAILING
MARKETING MEASURES
Digital Marketing
Global and local Engel & Völkers website
• Prominent property placement with a direct link to the online property exposé
• Online exposé on the Engel & Völkers Menorca website engelvoelkers.com/menorca
Online property portals
• Property placement on renowned real estate portals such as Kyero, Rightmove and Idealista
• Worldwide access to countless potential buyers
Other online marketing tools
• Display advertising: Advertising banners on websites relevant to the target group
• Search engine marketing: Targeted paid ads to increase traffic and conversion on the website
Newsletter
• Regular email marketing with real estate offer sent to active search clients
SOCIAL MEDIA
Social media and content marketing
• Maximum marketing efficiency via social media channels such as Instagram, Facebook, LinkedIn and Youtube
• Blog articles about real estate topics
Print Marketing
Outdoor campaigns
Strong outdoor campaigns underlining the strength of the brand: billboards in prime locations: Mahón Airport, Mahón city plus Ciutadella city.
Market report
Comprehensive yearly analyses of the real estate market in Menorca. Authoritative voice for developers, search clients and owners.
Finest Real Estate Menorca catalogue
• High-quality brochure with an extensive selection of first class Menorca properties
• Distribution to the best locations on Menorca and to more than 120 Engel & Völkers Property Shops worldwide
> 5,000 COPIES + E-BOOK
Neighbourhood mailing
Targeted at the right addresses: Mailing campaigns in the region.
• Reaches potential buyers in the immediate vicinity with high-quality postcards, flyers and neighbourhood letters
International and local ad placements in print media
International and local ad placements plus editorial coverage in following high-quality international and national media:
International:
• The Daily Telegraph
• Financial Times
• Vigour Times
National:
• Expansion Baleares
• Diari de Menorca
• Cinco Días
• El Confidencial
• El Mueble
• Le Courier d'Espagne
Corporate E&V Media: GG Magazine
• Exquisite in-house lifestyle and property magazine, published quarterly in 6 languages with a circulation of approx. 320,000 copies across 32 countries
• Distribution in over 900 locations worldwide
Press visits
• Regular press trips for journalists from all over the world
EVENTS
Property presentation at diverse local client events
Engel & Völkers Network
E&V INHOUSE
Property advertisement is shared with 15,000 people under the Engel & Völkers brand
E&V
SHOP TV
Eye-catching placement in highly frequented locations
PRIVATE OFFICE
Discreet VIP service for selected search clients and property owners
Private Office
For the most discerning standards:
• Exclusive first-class service to particularly wealthy international clients www.evprivateoffice.com
• Selected clients get access to the network and VIP guidance in their search for a suitable property or buyer
• Discreet marketing of properties to selected prospective buyers
• Exclusive global network of trusted Engel & Völkers Advisors dedicated to offer premium service to most discerning home owners and purchasers
Exclusive Partners
Mahón Airport
2024 - Huge brand visibility during the high season
• Billboard in arrivals
Son
provides exceptional golfing experiences in a picturesque setting
• Presence on the 18 holes
• Tournament gifts collaboration
• Distribution of the Finest Real Estate Menorca Catalogues and GGs
Golf
Golf
Parc Menorca
Social Responsibility
In 2024, Menorca Preservation and Engel & Völkers Menorca have launched, what we aim to be, a powerful collaboration with a focus on creating lasting and significant results.
Situated at the centre of the western Mediterranean, Menorca offers a stunning combination of climate, coastline, and landscape. Declared a UNESCO natural Biosphere Reserve on October 8th, 1993, Menorca’s preservation lies at the heart of Engel & Völkers Menorca’s social mission. For this reason, Engel & Völkers Menorca, has decided that beyond our daily operations, we will also seek to prioritise giving support to Menorca Preservation; a local non-profit foundation aiming to preserve, protect and restore Menorca’s natural habitats. Engel & Völkers Menorca is allocating both time and financial resources to this foundation to be channelled into local projects focusing on Menorca Preservation’s four key pillars: Land, Sea, Plastic, and Renewable Energy, aiming to safeguard Menorca’s environment and its unique natural beauty.
• Engel & Völkers Menorca pledges a yearly donation to Menorca Preservation.
• Actively participating in the movement to reduce plastic usage and promote sustainability.
• Engaging in volunteer work within the local community, supporting charitable initiatives.
• Advocating for and promoting sustainable practices to preserve Menorca’s resources for future generations.
We warmly invite you to become a part of Menorca Preservation and contribute to the promotion and preservation of Menorca’s rich heritage.
Help us to protect this very special place. Donate now!
Scan QR Code to learn more and make your contribution to protect Menorca's natural treasures.
5 STARS
Client Testimonials
Outstanding estate agent!
Exceptionally knowledgeable, responsive, and attentive. Made the buying process smooth and stressfree. Highly recommend for their professionalism and dedication to clients' needs. Truly went above and beyond, ensuring a perfect property match. A five-star experience!
ALEX
5 STARS
This year we found our dream property through Engel & Völkers Menorca, Ciutadella. We felt we received professional advice from the first to the last step of the house purchase. We had numerous questions about the property, all of which were answered transparently and quickly.
E&V's friendly and trustworthy nature played a significant role in our purchase decision. A special thank you goes to Ms. Rodriguez Fernandez.
SEBASTIAN
5 STARS
We have had one of the best experiences when buying a property. Ḷarsen has been super professional, decisive and clear. Completely happy with the operation.
JUAN
5 STARS
The sale of my home in Menorca was managed without me having to travel there and Adela Rodenas, helped me beyond what I would expect from a real estate agent. She managed everything from the builders to the cleaning lady for my home to be 100% in the best possible condition for the sale. Her constant communication even at weekends (when needed) and continuous support was a huge relief given that I was unable to travel to oversee the sale.
JESSICA
5 STARS
I warmly recommend Marion N. from Engel & Völkers in Ciutadella, who goes above and beyond to find what you are looking for, with rare energy and kindness.
FLORENCE
5 STARS
I was initially concerned to deal with Engel & Volkers as they are one of the 'biggies' in the Med and I thought that I might be better off dealing 'locally'. Quite wrong of me, their representative was based locally and came with the backing and experience of E&V.
NEIL
Real Estate Financing
With a portfolio of more than 550 banks, we help you find the perfect financing fit for you at the best possible terms.
INDEPENDENT CONSULTING
COMPREHENSIVE SERVICE
TAILOR MADE FINANCE SOLUTION
Each of our clients' projects is exclusive, unique, special. Our goal is to design your tailor-made financial solution, under the best conditions. Our study includes all the important details for your real estate project.
From the first meeting you will receive professional advice, which forms the basis of your personalized financing plan. Even if you do not yet have the purchase of a specific property in mind.
Ciutadella
Tel: +34 971 17 97 00
Mahón
Tel: +34 971 36 92 75
C. Ses Moreres, 34 | Mahón
Av. Conqueridor, 58 | Ciutadella Menorca@engelvoelkers.com | engelvoelkers.com/menorca | evholidayvillas.com
Scan QR for more information
PUBLISHER
Engel & Völkers Menorca
EV Menorca Real Estate S.L. C/ Ses Moreres, 34 A E-07703 Mahón, España
Phone: +34 971 36 92 75 engelvoelkers.com/menorca
DISCLAIMER
Engel & Völkers has made every attempt to ensure the accuracy and reliability of the information provided in this brochure. However, the data provided by independent third parties is intended as a guide and therefore Engel & Völkers does not accept any responsibility or liability for the accuracy, content, completeness, legality, or reliability of the information contained in this brochure.
engelvoelkers.com/menorca
