A little about Mallorca Property News
Mallorca Property News is owned and managed by Inversiones Novi SL a Mallorca based real estate services group offering estate agency; property finding; property finance solutions; and professional Chartered Surveying services. As property professionals dedicated to offering clients the most up to date and informed service we decided to launch Mallorca Property News as Mallorca's only dedicated news site for property related news, views and opinion.
While many of our stories come from the news items showcased on our indivudual business area web sites we will also be addiing stories from third party contributors in order to provide readers with the broadest range of views and opinion on the Mallorca real estate market. At all times we aim to offer an informed and independent view of actual events and the condition of the market.
We hope you enjoy the contents and always welcome feedback (see contact us)
News stories are allocated to one (or more if the story is relevent to more than one) of the sites 6 main categories depending on the subject matter. These are:
- International Finance - The broadest context for Mallorca property investment including information on interest and exchange rate movements effecting property acquistion and ownership in Mallorca. (see also International Finance Archive stories)
- Spanish Economy - The national level economic context for real estate in Spain and it's various autonomous regions including the Ballearic Islands / Mallorca. (see also Spanish Economy Archive stories)
- Spanish Property Market - The national level context for the Mallorca and wider Balearic Islands property market. (see also Spanish Property Market Archive stories)
- Mallorca Economy - A review of the region's economic performance and impact on property development, investment and ownership in Mallorca. (see also Mallorca Economy Archive stories)
- Mallorca Property Market - Performance, condition and outlook for the Mallorca real estate market. (see also Mallorca Property Market Archive stories)
- Local Stories - Stories of general interest with particular emphasis on those likely to impact on the local real estate market including local infrastructure improvements, other public or private investment projects, local legislation etc (see also Local Stories Archive)
David Novi BA MPhil MRICS
Our features...
Grupo Drac, Mallorca's Largest Developer, Goes Into Administration
Grupo Drac and owner Vicente Grande, Mallorca's biggest property developer, sought protection from creditors this week in the biggest sign yet that the slowdown in the Mallorca property market is taking grip.... More »
Euopean Inflation Hits 16 Year High
Eurozone inflation has been revised up to the highest level for 16 years and the European Central Bank's main concern now is that rising wage costs could add increasingly to the pressures created by soaring oil prices. ... More »
Spanish Property & Economy Update
The Spanish business school presented last week it's annual report on the Spanish economy putting forward another downbeat view of life both generally and specifically for the Spanish property sector... More »
Deutsche Bank Spanish Housing Market Report
A recent report from Deutsche Bank on the Spanish housing market and economic out look highlights the risks of Spain moving into recession in 2009.... More »
Mallorca Property Market Update June 2008
What is the latest news on the Mallorca property market and what are the prospects for the rest of the 2008 and 2009? ... More »
