Mallorca’s property and Global Ocean yacht races

Mallorca is home to fabulous properties and the Global Ocean Race

Already renowned as a luxury location favoured by the yachting and sailing communities with classy restaurants, gorgeous properties and, of course, the magical Mediterranean, Mallorca has just been named as the start and finish of the Global Ocean Race 2011-12.

With over twenty entries from at least eleven nations it puts the Island on a new international stage. Although many boating enthusiasts are attracted by the facilities, many more stay for the beautiful climate, excellent food and luxury premium property close to the marinas.

Now, the Great Race announcement looks set to start another race in property as rental prospects surrounding the event begin to climb and Mallorca is firmly back in holiday home purchaser’s sights. Visitors will be clamouring to stay close to the Spanish Island’s shoreline in locations including Puerto Portals.

Mallorca is particularly proud of it coastline and puts a great deal of effort into maintaining and improving its beaches and marinas. This year eighteen marinas have been awarded a Blue Flag, one more than last year. Spain as a whole has been given more awards than any other nation with a total of 605 and according to the Association for Environmental Education the Balearic Islands have secured the largest increase this year across the whole country with eighty-five in total.

Mild winter climate

There are many popular leisure activities on offer in the area of Puerto Portals such as scuba diving, water-skiing and of course sailing, all of which are year-round hobbies in Mallorca with its mild winter climate. For those who prefer to keep their feet on terra firma there are also activities such as beach volleyball and cycling.

The traditional Spanish celebrations throughout the year are events not to be missed, when locals and visitors alike all come together on prominent religious dates in the Baleares and across Spain.

The increasing attention that Mallorca is receiving has pushed up visitor numbers markedly throughout the years. In 1960, the island received 500,000 visitors but by 1997 this had increased to 6.7 million.

Today, around 23 million passengers pass through Palma de Mallorca Airport each year with an additional one and a half million arriving by sea. With such a demand on the island, more than half of the population works in the tourist sector, accounting for approximately eighty per cent of the Mallorca’s GDP.

Mallorca’s property market

The tourism sector will put huge efforts into the opening and closing ceremonies for the Great Ocean Race in Mallorca. With support from Government bodies and corporate partners, the build-up to the start and finish of the race will be spectacular.

The island is highly regarded in the world of water sports and already hosts premium yacht racing events such as the Copa del Rey, the Palma Velas as well as the Superyacht Cup. It has high-quality marine services, great sailing conditions, stunning scenery, a rich maritime history and a lively onshore scene.

More and more people are choosing to enjoy life in the Balearic island of Mallorca

Taylor Wimpey, which has over fifty years of property development experience in Mallorca, has just completed a new residential complex close to the marina in Puerto Portals. Victor Sague, the sales and marketing director says: “The local area is already noted for being fashionable and desirable for boat owners and beach lovers alike.

“News of the Great Ocean Race will only increase demand for this attractive location. With one year to go until the race begins, savvy buyers have the opportunity to purchase a holiday home.

“Mallorca’s property market has not been affected by the recession in comparison with some regions in mainland Spain mainly due to the lack of stock available compared to the demand for homes on the island. Spain as a whole is a very fragmented market and good locations and quality property will always sell well whatever the market conditions. International events just add to their appeal.”

Portals, Puerto Portals, Mallorca

This new residential complex consists of seven spacious 3-bedroom properties of approximately 143 m2 with 34 m2 terraces. The complex has private underground parking spaces, lush communal gardens and a communal swimming pool.

The ground floor properties have a private patio area and the rest have spacious terraces. The properties provide fully equipped and furnished kitchens and the Royal Bendinat Golf, whose president is King Juan Carlos I of Spain is close by.

Taylor Wimpey de España’s luxury apartment complex is connected by road to Palma de Mallorca by the Ma-1 motorway and is only 15 minutes drive away. It is also close to the Son Sant Joan international airport, with excellent connections to UK and most European cities. These properties are available now from €600,000.

Contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com for more information.