Mallorca Property Magazine issue 8 by Olive Press Newspaper Spain

Property www.theolivepress.es

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Stiff upper lip www.theolivepress.es

March 2018

Issue 19

9 March 15th - March 28th 2018 Mallorca - Living Inspiration

We give your dreams a home

Tel. +34 971 23 85 84 www.engelvoelkers.com/mallorca

Looking out for something special?

Brits still investing in Spain despite Brexit uncertainty

RITISH demand for properties in Spain has remained strong despite uncertainty surrounding Brexit. The last quarter of 2017 showed a 7.6% increase in prices and a huge 19.8% increase in sales. Meanwhile foreign year on year sales rose by 20.4% to 15,266 purchases. Foreign sales in last three months of 2017 were led by the British with 2,384 sales, followed by French and German

nationals with 1,242 and 1,198 purchases respectively. This rise in British engagement was also a quarter-onquarter increase of 0.9%. UK nationals now account for 16% of the overseas property market share in Spain, which is an 8% lead on French nationals who account for the second highest number of foreign homeowners. Experts at A Place in the Sun said: “Although Brexit has understandably stalled decisions for some, many British nationals continue to proceed with their property purchases in their number one overseas destination. “It could be suggested that British nationals during this period were encourTHE Balearics’ economy will grow by 3% this year - more than aged by Alfonso Dastis’ (Spain’s Foreign Minister) pledge in October that British anywhere else in Spain - according to a BBVA study. BBVA has also predicted that the Balearics will have the second expats living in the country would face “no disruption” post-Brexit, amongst othhighest growth rates after Madrid in 2019, at 2.6%. The booming Balearic economy has been attributed to successful er positive comments surrounding penefforts to attract tourists year-round, rather than just in the sum- sions and European Health Insurance Card (EHIC) benefits at the time.” mer months. It is expected that 36,000 new jobs will be created by the end of It added that it saw 55% and 28% in2019 as a result, leading to a reduced unemployment rate of just creases in Spanish property searches and property enquiries by Brits respec7.1%. In December 2017, unemployment in Spain stood at 16.4%. Political uncertainty in Catalunya has also not negatively impact- tively. ed the islands’ economy as much as had been predicted. See Mark Stucklin analysis

Balearics to boom

overleaf

This Balearic gem is style personified SEE INSIDE

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17 Property Shops on CostaMallorca del Sol Hot

N EWS

Not enough stars

hotel has three water months to We give your dreams home fighta decision SOME 14 fire bosses have been arrested for allegedly embezzling €7 million in public funds. The Policia Nacional found that the Consortium of Bomberos Cadiz took out mass early retirement insurance policies. But when their employees retired early, chiefs siphoned off the money from the payouts. Authorities also found discrepancies in the consortium’s training courses. Large sums were paid to a company to provide training courses, but no evidence has been found that these courses took place. Meanwhile, irregularities were also found in grants and subsidies, which cops believe were used to pay for private

before it is demolished

A HOTEL is to be knocked down for not having enough class! Benalmadena’s Hotel Vista de Rey must be demolished within three months, a court has ruled, Andalucia’s Superior Court of Justice ruled that the hotel falls short of its four-star requirement.

Tel. +34 971 23 85 84 Probing www.engelvoelkers.com/mallorca It began probing the three star hotel and apartment block in 2011 after it was denounced over planning rules which set aside the plot for a

than permitted. Although the town hall developer maintain this cess was later corrected judge ruled that the recti tion would have taken p after the granting of th cence, so does not count The building has 61 ap

Property

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March 2018 28th 2018 March 15th - March

Brits are on the up following a slight drop postreferendum, writes Mark Stucklin

HE British voted to leave the EU in a referendum in June 2016. What impact has the referendum result had on British demand for Spanish property so far? Surprisingly little. The number of British buyers dropped significantly in the second half of 2016 after the referendum, but has been recovering since then (see chart). In annualised terms, British demand declined for five quarters between Q3 2014 and Q3 2017, but then started growing again in Q4 20017.

Double

The British are still by far the biggest group of foreign buyers of Spanish property, almost double the next biggest group – the French. Agents and developers tell me they have seen an increase in British buyers with budgets above €400,000, and a fall in numbers in the middle market between €200,000 and €400,000. Some buyers in the middle market are trading down, bolstering the lower end. I’ve heard one theory that Brits with financial resources are getting money out of the UK and into European assets like Spanish property before Brexit really bites.

Brexit no exit BACK ON THE UP: British demand by quarter since 2013 shows steady recovery after Brexit bump in the road

There is a correlation between British demand for Spanish property and the strength of the pound, as

you can see from the chart below. But whilst the pound has fallen below its level in 2013, British demand

has been far more resilient. A weaker pound means that some British buyers will be trading down, but in

volume terms British demand has been surprisingly unaffected by the referendum result.

Property

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March 15thMarch - March 201828th 2018

Star buy

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NEWS

HOTTYOAKS

May 25th - June 8th

2017

The Hollyoaks cast are in Ibiza filming for the upcoming Six Weeks of Summer episodes.

ZOOMING IN: Bernie

Balearic Bernie

S o m e 78 of the victims were aged seven to 12 and 68 were aged six or under.

OUR EXCLUSIVE: Last spring

Scenes have been island, including filmed across the Woodward, 25, the debut of Adam joined the cast to who has recently play Brody Hudson. The 25-year-old star in the show, but has has yet to debut ing out on the beach been seen worktures of the cast on and posting picThe Manchester-bo social media. ously appeared in rn actor has previEmmerdale, as well as BBC daytime drama Doctors.

It’s spotted more asteroids than Star Wars, now Mallorca observatory needs to find a buyer

EX-FORMULA 1 Bernie Ecclestone hasmogul spotted dining out been in the Balearic Islands. Billionaire Ecclestone, says he ‘was deposed’who head of F1 after 40 years as at the helm, was seen enjoying dinner with Brazilian wife Fabiana Flosi at Ibiza’s Marina Botafoch. Ecclestone, 86, left EXCLUSIVE his job as F1 chief executive By Joe Duggan in January, has been a frequent visitor to Ibiza, and IT would make the perfect was last month seen mountain escape for a privawith former world dining cy-obsessed chamfilm or pop pion Niki Lauda. But, in truth, it would star. be best for a lover of real stars… the ones in the sky! For the Mallorca observatory, which has just come market, is celebrated on the the world for its track around of discovering comets. record Astronomers at the Observatorio Astronomico de Mallorca, in Costitx, have spotted no less than seven comets during its 26-year history. These include DA14 had it struck earth, which, would have created a 100-foot-high tsunami.

Tragedy

SPOTTED: Alli and

Come on you Spain

Mae

TOTTENHAM star Dele has been spotted soaking Alli the sun in Ibiza this month. up Alli, 20, was seen playing in the sea with model girlfriend Ruby Mae, 22, before ing a plate of sushi devouron the beach. The loved up pair were on the party island by joined fellow spurs stars Kieron Trippier, 26 and second choice goalkeeper Michel Vorm, 33. Both Vorm and Trippier joined by their wives, withwere latter also bringing along the his daughter Charlotte. The holiday came mere days before Spurs sealed spot in a 2-1 victory second Manchester United in against the last ever game at White Hart Lane.

Frank-ly speaking

EX-WORLD heavyweight boxing champion Frank Bruno has paid The popular former a visit to Mallorca. fighter was the star traction at Mood atrevellers flocked inBeach as Saturday night Bruno was onstage to hear him speak. with former Chelsea host Joe Allen for the star and event, which included versation with the former a conWBC champ. STAR BUY: Mallorca’s observatory

Home for stars

On sale for €1.8 agent Amanda Butler million, Associates hopes the at MJC local landmark will be unique bought by an astronomer and kept open to the public. She claims that a group velopers are currently of de- and, together with its sising to buy it and plan to look- ter La Sagra planetarium in covery was in 2012 with DA 14, it into a private estate. make Granada, discovered an as- which would have had a ‘blast ratonishing 7,000 asteroids, dius’ of 2,000 square kms. "It is in the interests of every- second behind "If it had landed on one to keep it open," insisted only the it would have destroyedMallorca The combined asteroidUSA. Butler. "It's a wonderful the isdis- land with the force fa- coveries cility and it would be a great the worldmade in the rest of bomb," observatoryof an atomic shame to lose it. during the same guide Joan riod are only half those pe- Guillem told the Olive Press. “It would be a tragedy made "It came within for the by the two Spanish centres. Balearics if it was shut 30,000 kms of am determined to try and I The most important dis- earth, or one tenth of the distance to the moon, so someone interested to find very close." in the universe to saveenough She believes the right it.” buyer would get helpsort of the town hall to use it from in part as an eco-lodge or hostal. “This would make it commercially viable more would end up attracting and ternational study groups, inas well as schools and universities from the mainland, an interesting addition to our tourism industry,” she continued. Mallorca’s space-age etarium was added in plan2003,

FIGHTER: Frank Bruno

Barcelona beats

BALEARIC beach favourite Cafe Del Mar is breezing way to the mainland. its The Ibiza clubbers’ chillout venue, which became mous with 90s clubbing culture, is opening up synonyvenue in Barcelona. its biggest

PROPERTY HEROES: Brothers Ollie and John Reel

in Mallorca

A UNIVERSITY in Saudi Arabia and a hotel group are reportedly competing to buy one of Mallorca’s most unusual buildings. Both are currently in talks to buy the Astronomical Observatory of Mallorca (OAM), on the market for €1.7m. Both are understood to be in agreement to maintain the scientific use of the building. The property includes the Planetarium, and the Astropark, which includes seven domes for viewing the night sky. The observatory was built almost 27 years ago, and in 2014 detected Earth’s most dangerous asteroid. Agent Amanda Butler, of MJC as-

Pluck of the Irish

Lost deposits on ghost developments may be a thing of the past in Spain thanks to a feisty family from Ireland, writes Dan Buckley

sociates, who has been marketing the observatory, described it as an ‘almost unique place to buy’. “It is possible to enhance the facilities by adding some form of accommodation in order to attract international groups, making it more financially viable in the future. “It would be a terrible tragedy for the island to lose such an important facility - so if you know anyone with an interest in the stars get in touch.” Best of all, it has come down in price as it was originally around €1.8m.

investors to get their money back last December,” he said triumphantly. “They were awarded 100% of their €54,000 deposit plus interest and court costs.” Like thousands of Irish people with an eye for a good investment, Ollie decided to invest in Spanish property to cash in on the post-millennium boom. Encouraged by a financial adviser to remortgage his home and use the equity to buy an off-plan property in Spain, he and his brother John were among 395 people who put money into the Estepona Beach and Country Club. They couldn’t have picked a worse time to make such a substantial investment. “There was nothing ever built and all 395 people lost their deposits,” says Ollie. “Like an idiot, I bought two and put down deposits totalling €145,000.” As a UK resident, Ollie was able to reclaim €70,000 through Britain’s financial services compensation scheme on the basis of receiving poor financial advice. His brother, from Louth in the Republic of Ireland, was unable to claim as there is no such scheme there. For years, the brothers struggled to recoup all of their money through THE number of properties seized due to missed mortthe courts in Spain, to no avail. gage payments has fallen almost 40% in the Balearics “We took a law case in Spain which over the last year. cost us nearly €200,000 between As unemployment rates decrease, fewer people are fall80 of us involved and we were still ing behind on their mortgages, over a third less in 2017 no further on after seven years.” than the year before. It was then that they heard of the Another sign the market is steadily improving is the work of Martin de la Herran from drop in evictions from 2016 to 2017 by over 7%. the Spanish law firm Abolex. He is one of a small group of lawyers who took test cases against banks that held deposits for holiday homes never built. It was pointless pursuing the developers involved as they had all gone bankrupt. All seven test cases taken by MarAN in-depth inspection campaign of building tin and the other lawyers between sites is being launched to remedy an 'unaccept2012 and 2015 went all the way to able' rise of accidents. the Spanish Supreme Court and The Balearics have the highest rate of work-reeach resulted in rulings in favour lated accidents in all of Spain with almost douof the victims. ble the national average. By March 2016, after the result of In 2017, there were 19,866 minor accidents, 92 the final test case, a precedent was serious and 11 fatal accidents. then set for everyone in a similar situation to claim.

home

elements

Got to be in it to win it YOU can now get a home in Spain for just €5… well, if you’re lucky that is. It’s all thanks to a pioneering business dedicated to raffling off properties. LotoHome will sell 70,000 raffle tickets at €5 each, and when they are all bought, a winner is chosen. It means the homeowner walks away with €350,000 guaranteed. The latest home is a completely refurbished, two-bedroom, one-bathroom property just five minutes from the beach in the middle of Alcalà de Xivert in Castellón. (top) It comes with a storage room, basement, living room, dining room, kitchen and two terraces. The winner will be announced next February 14, with hundreds of tickets already saold. Anyone from around the world can buy a ticket since the company paired with PayPal. Founder Pepe Bolumar got the idea of LotoHome after raffling off his grandmother’s home in Castellon in 2014, when the property market was still recovering. “We thought that raffling it off would be a good formula, as well as being a way to launch this novel business and showing that it can work, that it can be a profitable business,” he told El Pais. They managed to sell 32,000 of the 40,000 raffle tickets at €10 each, with punters from as far away as Africa, Latin America, Russia and Canada.

kitchen

WO Irish brothers who sunk their life savings into a bankrupt Andalucia resort are spearheading a campaign to help others who have been ripped off in Spain. Ollie and John Reel are battling the banks to claw back sums of up to €500,000 in lost deposits for projects that were never built as the Noughties property crisis kicked in. Working with a top lawyer in Benidorm, they have set up Reclaim in Spain, an agency dedicated to liaising with victims and pursuing the banks through the courts in cases where the developer has gone bust. They have already won eight cases and two settlements and have hundreds more on their books. “We have over 300 cases in court already for Irish/UK investors since we started working in June 2016,” says Ollie Reel, a former PE teacher from Armagh in Northern Ireland who gave up his job of 24 years to help others like him. “The first Irish cases were submitted in November 2016 and a couple in Galway became the first

Steady progress

Building a safer future

c/. Son Bugadelles, 9 | 07180 Santa Ponsa | +34 971 13 42 45 www.leanti-kitchen.com

Property

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March 15th - March 28th 2018

Top ranking

A SPANISH hotel has been ranked in the top 10 best allinclusives in Europe. The Iberostar Anthelia in Tenerife came seventh in the TripAdvisor’s Travellers’ Choice Awards 2018 in the all-inclusive hotel category. The luxury five-star hotel sits right on the beach on the Costa Adeje, nestled between Playa del Duque and Playa de Fanabe. It’s described as being ideal for families as it offers a ‘romantic atmosphere for parents and entertaining activities for children, accompanied by a wide range of outstanding facilities and services.’ Its decorated rooms are spread across six individual buildings, while the hotel features a main buffet restaurant, three a la carte restaurants and a variety of bars, offering a range of cuisines. In the extensive garden area, guests will find heated freshwater pools (one located in the VIP exclusive complex), a seawater pool, two children’s pools, spacious sun terraces, sun loungers with cushions and parasols, and a towel service.

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The Olive Press – 250 x 200mm (Junior Page)

14 March

to the

By Amanda Butler

In the know W

Cas hba Ck

aCk Cashb

Keys Isl nd

ow how time flies ....... Two weeks have passed by already! Is that an age thing or is it the same for everyone?! Naturally when busy, time does have a tendency to race - trying to juggle new clients, keeping on top of business in general and when adding my involvement in extra community-based activities, it does feel like my day has shortened by at least 3 hours!! However on a very exciting note since my last column, I was successful in hunting down a 3-bed frontline apartment in the Mardavall development for a client, with an offer accepted and Option Contract on its way as I write – so that was a super successful two weeks J!! Acting as a Buyer’s Agent and specifically representing their interests in this instance - which is my specialist area - I strongly believe that a big part of my work is assisting my clients far beyond the purchasing process in establishing themselves in Mallorca; helping them to settle in and integrate easily into the community, introducing them to key services and contacts to assist in whatever they require – with strong friendships being forged along the way. It is in fact is one of my favourite aspects of the job. So I do like to keep myself up to date with new restaurants, hotel openings and innumerable events in order to keep my ‘Little Red Book’ up to date. Speaking of which - one event that should be on everyone´s agenda in April – and one in which am very proud to be involved as part of my ‘extra community activities’ - is the Soiree with the Stars, a 4 Michelin Star Charity Dinner at Finca Son Mir on April 21 in aid of the JoyRon Foundation and the phenomenal work that they do supporting children in need in the Balearics. It is sure to be a special, and unique event with Marc Fosh, Adrian Quetglas and Fernando Arellano each preparing a separate course (with talent like that in a single kitchen… J). With fabulous wines provided by Bodega Binigual, wonderful entertainment and lots of surprises, it’s an event not to miss. Please check out www.soiree-with-the-stars.com for more information. Aside from this, another one of my passions is supporting and sharing ‘conscious living’ and wellbeing related issues - and I was delighted to learn that the local government in the Balearics Islands is putting in place some policies to become the ‘greenest’ tourist destination in Europe. With plans to include banning disposable plastics by 2020, 100% renewable energy by 2050 and solar panels compulsory for new buildings - this is all great news to me! This will of course effect building regulations but equally, the quality of the life that we live here and the air that we breathe, all adding up to making the Balearics an even more attractive place to live. Exciting times ahead, and well done Balearics!!

Contact Amanda J Butler to buy or sell your home: Tel: +34690075169, www.mjcassociates.net. Your professional one stop property shop around the Island!

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March 15th - March 28th 2018

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Finest Real Estate Mallorca

Son Espanyol: Lovely finca with guest house on a 8,000 sqm plot, 15 minutes drive from Palma´s old town. 4 bedrooms, 3 bathrooms, pool, underfloor heating, fireplace, high beamed ceiling, wooden and marble floor, double glazed window, carport for two cars. E&V ID: W-0297ZZ · Price: € 1,350,000

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Alcudia: High quality house in top condition with sea views, located in a beautiful residential area of Bon Aire, charming traditional elements on exterior combined with bright, modern interiors, holiday rental permission. Constr. area approx. 310 sqm. E&V ID: W-02AAUJ · Price: € 1,475,000

Puig de Ros: This spacious villa is located in second sea line and has a holiday rental license. Large living room with fireplace, 6 bed., 6 bath., equipped kitchen, covered terrace, saltwater pool and much more. Constr. area approx. 468 sqm E&V ID: W-00AD7Q · Price: 2,200,000

El Terreno: Refurbished quality apartment in walking distance to Santa Catalina and Palma old town with 2 bed., 2 bath., patio and terrace, air conditioning, underfloor heating, guest toilet, built-in kitchen, cellar. Constr. area approx. 137 sqm. E&V ID: W-026G5S · Price: € 598,000

Palma: Exclusive and modern duplex penthouse with private roof terrace, part of a spectacular renovation project consisting of seven fabulous luxury apartments with exclusive design, light flooded and spacious rooms, as well as parking and elevator. E&V ID: W-02B4W6 · Price: € 1,200,000

Puerto de Sóller: Luminous apartment with a beautiful view of the bay and surrounding mountains. It has an open-plan kitchen, dining room, living room, 2 bedrooms and 1 bathroom. Furthermore it has a terrace, cosy garden, a/c hot cold, parking space. E&V ID: W-02A5P2 · Price: € 535,000

Engel & Völkers Mallorca · Tel.: +34 971 23 85 84 Mallorca@engelvoelkers.com · www.engelvoelkers.com/mallorca

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Property

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As winter gets packing, Laurence Dollimore cherry-picks the For Sale properties that deliver views to put a spring in your step

PRING is just around the corner. After a wet and windy winter, it’s time to watch flowers blossom and feel temperatures warm up. In the spirit of the season, we have scoured the top property portfolios on the Costa del Sol and Mallorca to select those sprouting the most gorgeous gardens and ravishing vistas perfected by Mother Nature.

March 15th - March 28th 2018

Spring in your step

Mallorca Castle €38,000,000 Castillo Mallorca lords it on its own private peninsula at the entrance to Port Andratx with spectacular views from every angle. This legendary property linked to ryalty is one of the most spectacular private residences in the Mediterranean and comprises an impressive main house with swimming pool and a guest house with beautiful gardens and terraces. From the sea there are three private accesses to the property which include a private docking area for a yacht of up to 30 metres. To the west of the peninsula there is a private cave providing a magical atmosphere for watching stunning sunsets and the locals say that there is treasure buried in these waters. Among the three suites in the main house is the Lady Diana suite where the late Princess of Wales stayed during a holiday on the island. In addition, there is a spacious living room in classic style, a large kitchen and dining room, a billiard room in the west wing, a fitness room, sauna and piano lounge. www.engelvoelkers.com

Mountain gem - €1,250,000 This is an ideal country house in walking distance of one of Mallorca’s most attractive mountain villages. The finca sits on 22,000 m2 of fertile land planted with almond and olive trees with the ‘twin sisters’ sierras providing the perfect backdrop. The subtle and rustic interior includes traditional wooden beams. The property also has a large pool and pool house with bathroom and terrace. There are plenty of hiking and cycling routes to discover, while the airport of Palma can be reached easily via the Ma-13 motorway in 30 minutes by car. www.maklarringen.se REF: 208180140

March 2018 March 15th - March 28th 2018

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lit An t th le g d th e de Co em is l S st on ol a

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Stunning palace - € NA This awesome chateau-style mansion flaunts an enviable address on the heart of Marbella’s Golden Mile. Offering privacy and built to the highest specifications on a large plot of over 1.1 ha, the park-sized garden and beautiful heated pool will stop you in your tracks. The main villa is distributed over two levels plus a lower floor. At ground level is the entrance hall leading to a main hall with a modern lift and guest toilet; a living room plus 3 lounges; 2 dining rooms; kitchen and office; en-suite bedroom and dressing room; and covered and uncovered terraces. Upstairs includes a hall; two master suites, both with dressing areas; a lounge; 2 further bedroom suites with dressing rooms; further en-suite bedroom; covered terraces with views to the immaculate garden and the sea beyond. If that’s not enough, the lower level showcases that stunning heated pool with Jacuzzi, sauna, shower area, massage room, gym; and relax room; a home cinema; 2 ensuite bedrooms and dressing rooms; and a service area including machine rooms, wine cellar, laundry room, toilets, storage rooms, kitchen for pool terrace and service stairway and a 4-car garage. Other standout features include underfloor heating and cooling, 2 lifts, top quality marble flooring and bespoke marble walls in all bathrooms, fitted dressing rooms, solar heating and an imposing Louis XIV marble fireplace. www.panorama.es REF: R112-07981

Camp de Mar: townhouse w. golf views close to beach, const. area 160 m2 , plot 100 m2, 4 bed, 3 bath, 3 community-pools, underﬂoor heang, A/C, parking, Ref. 1489, 698.500 €

Son Caliu: reformed Villa clouse to beach, const. area approx. 219 m2, plot approx. 1150 m2, 4 bed, 3 bath, pool, garden, garage, underﬂoor heang, A/C, Ref. 1567, 2.450.000 €

FARA HOMES, Calle Cristobal Colon 1, 07157 Port Andratx, Tel. +34 971 672 455, info@fara-homes.com, www.fara-homes.com

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Superb New Villa Project with Great Sea Views Sol de Mallorca www.theolivepress.es

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Property

March 15th - March 28th 2018

Set in sto

5 Beds ● 6 Baths ● 504 m²- Living ● 1.449- m² Plot ● Pool ● €3. 950.000 ● Ref: 18003 New and luxurious detached villa project in Sol de Mallorca with excellent sea views at all levels and constructed over two floors. 5 en suite bedrooms, open plan light filled living, floor to ceiling windows looking out over the sea. Roof terrace with spa pool, infinity pool, lots of extras. To be completed May 2018.

STUNNING: Home carved into rock in the Balearics

For more information please contact Amanda J Butler www.mjcassociates.net, email: ajb@mjcassociates.net or tel: (+34)690075169.

The house was designed to blend in with its surroundings

STUNNING environmentally-friendly home has been carved into rock in Formentera. The brainchild of architecture firm Marià Castelló Martínez, the home is made up of mainly wooden panels. The firm explains: “The scenic location has very few high buildings, so we were told to avoid creating a site that was overly tall. “To pay respect to the nearby surroundings, the

building uses a white exterior with cross-laminated wood panels. “On the interior the ground floor uses brick walls on two sides of building, while using the aforementioned wood panels elsewhere throughout the house. The resulting space is a home that blends seamlessly into the landscape. “It’s a house for a family sensitive to the environment.”

A r e y o u l o o k i n g f o r a n e w k i t c h e n ? We would be happy to help you plan the kitchen of your dreams. Why not visit our showroom in Santa Ponsa and be inspired! Plan your individual kitchen space with our kitchen design specialists and see for yourself the diverse possibilities of the LEICHT kitchen world. x

An elegant touch for your home. This is

Carrer Illes Baleares N°4

07180 Santa Ponsa

www.leichtmallorca.com

Cocinas de Nopper

Tel: +34 971 690 155

SLEEK: has a v

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one

: The house has been praised for its design, and it even view of the nearby sea

March 15thMarch - March 28th 2018 2018

ROCKY: The home is at one with nature

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Ref: 11700

March 15th - March 28th 2018

Bedrooms: 3 Bathrooms: 2 Build: 116/125m2

399,000/452,000â&#x201A;Ź

Elegant development, Puerto Andratx Nice and cosy development consisting of ground floor, first floor and penthouse apartments. 1,2 and 3 bedrooms apartments are big, have modern design and high quality finishings. The dining-living area has an open kitchen and a direct access to the terrace. The building itself is constructed in a mediterranean style with modern touch, has a big public area with wast panorama. The project offers a perfect public area with swimming pool. This building can fulfill any wish of a potential buyer, it has security front door entrance, the bathrooms and the kitchen are fully fitted with furniture, there are pre-installed air conditioning and underfloor heating. The ground floor apartments have plants on the open terrace with floor tiles. There are together 10 apartments in the building.

W W W. S G I - M A L L O R C A . C O M

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March 15th - March 28th 2018

Y O U R PA R T N E R S I N M A K I N G Y O U R D R E A M S C O M E T R U E A PA R T M E N T S

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TOWNHOUSES COMMERCIAL

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PLOTS •

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VILLAS

R E N TA L S

Ref: 11730

PENTHOUSES • •

Yo u r s H e r m a n n K ö p p l e r

FINCAS FULL SERVICE

Bedrooms: 4

Bathrooms: 4

Build: 676m2

5,450,000€

Newbuild luxury villa,El Toro This modern and unique new development in the first line of the sea offers a fantastic sea view, a very luxurious finishings as well as several open terraces on which you can enjoy the summer holiday with your family and friends. The villa is built with the modern technology and minimalistic design with bright and sunny rooms. The living area of approx. 608qm is divided into 4 bedrooms, one of which has a walk-in wardrobe and 4 bathrooms. The luxury Port Adriano is only a few minutes away and thus this top villa is a perfect holiday home.

P U I G D E S C A S T E L L E T. 1 - 2 , B L . 3 , 0 7 1 8 0 S A N TA P O S A , M A L L O R C A (+34) 971 695 912 • INFO@SGI-MALLORCA.COM

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terior combined with bright, modern interiors, holiday rental permission. Constr. area approx. 310 sqm. E&V ID: W-02AAUJ · Price: € 1,475,000

heating, fireplace, high beamed ceiling, wooden and marble floo glazed window, carport for two cars. E&V ID: W-0297ZZ · Price: € 1

Like a million euros E

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March 15th - March March 2018 28th 2018

cious villa is located in second sea line and has a Large living room with fireplace, 6 bed., 6 bath., vered terrace, saltwater pool and much more. 68 sqm E&V ID: W-00AD7Q · Price: 2,200,000

El Terreno: Refurbished quality apartment in walking distance ta Catalina and Palma old town with 2 bed., 2 bath., patio and air conditioning, underfloor heating, guest toilet, built-in kitche Constr. area approx. 137 sqm. E&V ID: W-026G5S · Price: €

What can you get in one of Spain’s hottest property islands for €1 million or less?

T’S no secret that property prices in Mallorca will rise again this year. According to Engel & Voelkers, the number of sales on the Balearic rose by

around 20% last year. But with the average price of a townhouse in Palma costing €3.8 million in 2017, while an average villa in Port de Andratx

cost €4.5 million, you’d be forgiven for thinking it’s just a market for the super wealthy. However there are still bargains to be found

for under €1 million. As Engel & Voelkers explain in their annual report: “There is a trend towards increased interest in rural properties with a pool, located some 15 minutes’ drive from the coast. Additionally, the north modern duplex penthouse with private roof terrace, Puerto de Sóller: Luminous apartment with a beautiful view of the bay features premium Charming in the lively vil- lounge with a wood burning stove, fully ovation project consisting of seven fabulous luxury and surrounding mountains. It has an open-plan kitchen,cottage dining set room, apartments in lage of Alaró, with a popular market equipped kitchen with dining area, and ive design, light flooded and spacious rooms, as living room, 2 bedrooms and 1 bathroom. Furthermore it has a terrace, cosy Puerto Pollensa, every Saturday in it’s square with caf- access to an indoor patio. evator. E&V ID: W-02B4W6 · Price: € 1,200,000 garden, a/c hot cold, parking space. E&V ID: W-02A5P2 · Price: € 535,000 which sold for an eterias and restaurants and set just 20 Upstairs offers four bedrooms with average price of minutes from the capital of the island, two bathrooms, and one single room, €400,000 euros Palma. used as an office. The house, dating back a couple of Outdoors the property enjoys a very in 2017.” Engel & Völkers Mallorca · Tel.: +34 971 23 85 84 hundred years, is teeming and lovely terrace, garden and Below have view of Palma: Exclusive and modern duplex penthouse with privatewith roofcharterrace,private Puerto de Sóller: Luminous apartment with we a beautiful Mallorca@engelvoelkers.com · www.engelvoelkers.com/mallorca acter. It was renovated in the past pool. rounded up the part of a spectacular renovation project consisting of seven fabulous luxury and surrounding mountains. It has an open-plan kitchen, dinin keeping the traditional features, and An absolute gem in one of the most best properties into a and wonderful, cosy fam- assought-after villages on the island. apartments with exclusive design,converted light flooded spacious rooms, living room, 2 bedrooms and 1 bathroom. Furthermore it has a terr money can buy on ily home. the ID: island for un- · Price: € well as parking and elevator. E&V ID: W-02B4W6 · Price: € 1,200,000 garden, a/c hot cold, parking space. E&V W-02A5P2 It’s set on two levels, and provides a REF: E&V ID W-00AE59 der €1 million.

Alaro cottage - €575,000

Engel & Völkers Mallorca · Tel.: +34 971 23 85 84 Mallorca@engelvoelkers.com · www.engelvoelkers.com/mallorca

CG Property C/ Julia Bujosa Batle, 6 07184, Calvía Mallorca Tel: (+34) 971 670 300 Mob: (+34) 628 196 939

www.gc-property.com

Calvia – 2,775,000€

ref: CT62

A charming property on the outskirts of Calvia village with a large 40,000m2 approx plot. The property has a total construction of 500m2 which is split between 2 fincas. The main finca on the ground floor has a large lounge with fireplace, and dining area overlooking the orange & almond grove. There is also a modern kitchen, bathroom and study (which could be used as a bedroom). Upstairs you find the large master bedroom with terrace, fireplace and ensuite. The second finca has a kitchen with fireplace and 2 bedrooms with ensuite on the ground floor, whilst upstairs is a lounge, terrace and a further 2 bedrooms which share a bathroom. The property has a private pool, orange grove, garage, storerooms, central heating and a/c throughout. The property also benefits from its own water supply as well.

Genova – 2,850,000€

ref: GEN4

Lovingly restored historical villa in Genova with fantastic views and many original features. The main house has a total of 3 bedrooms (all ensuite), huge lounge with fireplace, dining room, tv room, kitchen with adjoining mini lounge and dining room, 2 wcs & laundry. There is a separate guest apartment with kitchen, lounge, bedroom & bathroom, plus an additional guest bedroom & bathroom currently used as a gym. Outside there is a beautiful pool with sea views and various terrace & eating areas. Other features are central heating, a/c, parking, Mallorquin oven ++. Must be seen!

Property

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March 15thMarch - March 201828th 2018

XIII 21

Bendinat beauty - €1, 250, 000 While just slightly over €1 million, this spacious penthouse offers luxury living in the exclusive residential area of Bendinat. Take the time to enjoy Mediterranean outdoor lifestyle from one of three terraces, barbequing with friends and basking in the year round sunshine. It comes complete with air conditioning h/c, under-floor heating in the bathrooms, marble flooring, fireplace, garage parking, storage room, 3 community pools and excellent gardens. Shopping and beaches are within a short walk and the city of Palma is just 8 minutes by car. REF: E&V ID W-0250MJ

INTERIOR DESIGN

KITCHEN

Palma piso €850,000 This amazing property is located on a high floor just next to the well know Porto Pi commercial centre and offers an exclusive view on the harbour of Palma. It features 3 bedrooms and 3 baths - one of which is en suite as well as a dining living room with direct access to the large terrace from where you will enjoy the magnificent view over the harbour and the bay of Palma. The community features also a pool as well as a parking space. The property comes with wooden floor, central heating as well as air conditioning. It’s the perfect apartment either for an investment as well as for a holiday residence to enjoy the nearby beach of Cala Mayor or the shopping area of Porto Pi and the vicinity of the centre of Palma. REF: E&V ID W-02B0AQ

Mallorca

C/. Islas Baleares 37 (Son Bugadelles) 07180 Santa Ponsa Tel.: +34 971 694 154

www.stork-mallorca.de

Germany

Melanchthonstr. 114 75015 Bretten Tel.: +49 (0) 7252 91 40

www.stork-die-einrichtung.de

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March 15th - March 28th 2018

Property

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Capital of cool

HIS Madrid hotel is probably one of the coolest in the world right now. It has received dozens of glowing reviews and media testimonials for its conceptual art and design. The Barcelo Torre de Madrid has featured in the Daily Telegraph’s ‘The Coolest Design Hotel in Madrid’ list and dozens of ‘most Instagrammable hotels in the world’ roundups. Its unique design is the brainchild

of top Spanish designer Jaime Hayon, who used the concept of ‘New Spain’ as his inspiration, while incorporating the latest trends from London, New York and Paris. The hotel overlooks the Gran Via and Plaza de España and has 256 designer rooms, including luxury suites with private terraces. www.hotelbarcelotorredemadrid.com

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