The Steinbeis Institut Center for Real Estate Studies in Freiburg came to the conclusion that currently there are approx. 6,000 properties for sale on the Balearic Islands.
In nationwide comparison the Balearics take first place in Spain with forecast economic growth of 3.3% for 2015 according to Rafael Doménech, Chief Economist for Spain and Europe with BBVA. For the islands, tourism is the primary economic driver. During Q1 2015 the total number of visitors rose by 7.17%, an increase of 495,000 tourists […]
The Spanish National Institute of Statistics has revealed that Spanish real estate sales figures started to show growth again for the first time in 2014, with an increase of 2.2%. This tentative recovery of the market, which has been in bad shape since the property crisis of 2009, is primarily due to the holiday regions. […]
Positive development in tourism regions Following continuous declines in annual sales figures, for 2013 the Spanish Statistics Institute, INE, recorded only a small year-on-year fall of 2.2% in the national real estate market. Overall Spain’s notaries registered 311,414 sales transactions last year (2012: 318,419). Chart in English and high resolution available, please ask your press […]
Ralf Spielvogel, Licence Development Manager international. With Porta Mondial Florida you have just launched your first real estate brand on the US market. What makes the Sunshine State so interesting for you? Florida is one of the most exciting holiday real estate markets in the world. US citizens, Europeans and South Americans are all buying […]
Our Master franchise partner in Majorca, Porta Mallorquina, opened its eighth estate agency in Majorca on 16th August in Pollensa. Porta Mallorquina CEO Manfred Biedermann (l.) with Regional Director North, Sebastian Boelger. Around 100 guests attended the opening at Via Pollentia 41, and enjoyed both live music and regional specialities. Porta Mallorquina Managing Director and […]
In Palma, Porta Mallorquina celebrated opening of seventh office in Mallorca Porta Mallorquina estate agency in Palma de Mallorca. Around 100 guests attended the opening of the new Porta Mallorquina estate agency at Calle Conquistador 8, in Palma de Mallorca, directly opposite the Balearic Parliament building. This is the real estate provider’s seventh office on […]
Sales figures for Balearics at same level as previous year Düsseldorf, 20.02.2013 With 280,816 registered sales transactions (excluding social housing), the downturn in the Spanish real estate market continued in 2012. As reported by the Spanish Statistical Office, INE, there was a decline of around 10% compared with the previous year. Looking at how sales […]
The international real estate franchise system Porta Mondial AG successfully established the first real estate brand in the Canary Islands – “Porta Tenerife”. Now local partners are being sought for “Porta Canaria”.
Speaking to realtors in Florida, they all agree: there is no way around the Internet. In Germany, many realtors still rely on sole agencies, and place their properties on large real estate portals, instead of investing in their own websites.