Managing Director of Mallorca Sotheby’s International Realty, Stephen Dight, explains, “Mallorca has the highest foreign resident population in Spain at 21.6%, or more than one in five, and is extremely fashionable amongst a broad spectrum of nationalities from the British to the Scandinavians, Germans to Italians – this nationality mix goes a long way to explaining the resilience of our property market in comparison to say the Costa del Sol. I am certain that these new Ryanair flights will be very popular amongst Mallorca’s foreign residents, second home owners and tourists – even if the airline itself is not always everyone’s favourite.”
Indeed, according to a survey by trusted travel site Tripadvisor, Ryanair has been voted the least favourite airline for 2012 – an accolade they have held for three consecutive years. Virgin Atlantic meanwhile claimed most popular airline in the same survey. Ryanair also appeared in Spanish consumer action group FACUA’s worst company of the year top five. On this occasion telecommunications giant Movistar took the prize – also winning for three consecutive years.
Ryanair’s new routes come amidst the news that Palma de Mallorca is a rare profitable operation for AENA – the body that owns and operates the majority of Spanish airports as well as plenty more in Latin America, the United States and the UK. Of the 47 airports and two heliports managed by AENA in Spain, only ten showed profits with Palma de Mallorca being amongst them. The airport made 44.68 million euros and attracted over 22.72 million passengers in 2011, third busiest after Madrid Barajas and Barcelona El Prat who managed to lose 94.98 million and 21.87 million euros respectively.
On the Market in Mallorca:
Ref 5684 – Finca, Santa Maria del Cami, Mallorca
Charming rustic old stone house located on a quiet road just a few minutes from the amenities of the market village of Santa Maria del Cami. Approximately 200 years old but tastefully renovated in 2007 to a modern standard, the property retains many of its original features such as internal wooden shutters and wooden ceiling beams. A kitchen and dining area, entrance hall with guest toilet and spacious living room with cosy fireplace are found on the ground floor whilst upstairs there are three bedrooms and a bathroom. Outside the landscaped gardens offer a variety of fruit trees, several terraces, a BBQ and an above-ground swimming pool.
Three bedrooms, One bathroom
Built area 160m², Plot size 757m²
Price 465,000 euros (approx 373,921 GBP)
Ref 5676 – Villa, Puerto Andratx, Mallorca
Southwest facing villa in a very private country setting with breathtaking views to the sea and mountains yet just a few minutes outside of Port Andratx. The home has large sunny terraces and well maintained landscaped gardens and is built in traditional style. Fully renovated in 2010, ground floor accommodation consists of two bedrooms, one of which is en-suite and an open-plan living room and kitchen-diner, upstairs there’s a master suite with access to a private terrace with wonderful views. The basement and casita could be converted into guest accommodation (subject to planning). A large swimming pool, BBQ area, and private well are some of the extras that complement this wonderful property.
Three bedrooms, Three bathrooms
Built area 320m², Plot size 6,400m²
Price3.2 million euros (approx 2.57 million GBP)
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