Mallorca - Sothebys International Realty
Real Estate Agency Mallorca
Palma Head Office +34 971 721 000
Port Andratx Office +34 971 674 807

Busy Winter for Mallorcan Hoteliers

Mallorcan hoteliers will have a busy winter with more than 400 million euros-worth of improvements taking place

One of the most important investments will take place in Magaluf where ten million euros is being poured into the former Mallorca Rocks site, which closed after five seasons on 1 October this year.  Now in the hands of Grupo Cursach, the Spanish group that owns BCM and Pacha in Mallorca, the new hotel will be known as BH...

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Development of natural gas in the Balearic Islands

A total of 630.000 homes in the Balearics will be connected to the network within four years. So far, 350,000 households were connected to the gas network - especially in the catchment area of Palma de Mallorca. While nationally 26 percent of all households are supplied with natural gas, the Balearic Islands so far only 15 percent.. So far, the gas passes through a pipeline on the seabed from the mainland to Palma and from here to the power plants Cas Tresorer and Son Reus. The pipelines of...

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Sotheby’s International Realty Website Reaches Million-a-Month Milestone

For the first time in its history, the Sotheby’s International Realty global website ( exceeded one million visits in a month.  This July, the site welcomed 1,042,043 online visitors, a 15% increase over the same month in 2013. 


Meanwhile the websites for Ibiza ( and Mallorca (

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Mallorca is Favourite for Foreign Property Investors

According to official figures from the Land Registry, foreigners bought 2,400 properties in Mallorca last year.  That’s 30.7% of the total number of sales recorded on the Island (7,726) versus a national average of 11%.  Meanwhile the high end continues to dominate with 15% of those purchases relating to property valued higher than 500,000 euros – this compares to just 5% for the rest of Spain, with no other region even managing...

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