  The finest properties in Mallorca
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| Newsletter 18 I April 2009 |
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Greetings!
SPRING HAS SPRUNG - THE BOATS ARE BACK IN THE WATER - THE PROMENADES FULL OF PEOPLE - AND THERE ARE EVEN SOME SMILES ON PEOPLE'S FACES!
Comment:
With the amount of money (which is supposedly in short supply) being squandered on G20 Conference, NATO Conference, EU, and any other excuse for a beano, the politicians are seemingly immune to any such economy - not to mention the carbon foortprint left by President O and his entourage of 500 !!
Let's just hope that with all the talk - we see some action and some activity in the market.
Nevertheless I am a realist and recognise that Spain is going to have a hard struggle to get back in the game as there is a mountain of unsold property - mainly cheapish residential, and mainly in major cities of mainland Spain. Hence the saying " The financial pain in Spain falls mainly on the main land" (Sorry - but could not make it rhyme)
The comments written here are very simply Michael Cunnington's understanding of the matters mentioned and in no way should be taken as an official view - any comments from readers will be welcomed. |
| QUOTE FOR TODAY |
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Oh, I don't blame Congress. If I had $600 billion at my disposal, I'd be irresponsible, too.
Lichty and Wagner |
| CREDIT CRUNCH COMMENT |
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Did no one see the crisis coming?
The Bank of England pension fund sold all their equities in 2006. They are now 71% invested in index linked stocks!!! |
| BARGAINS |
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There are some 15 or more ! Have look at the front page of our website. |
| ON THE LOCAL FRONT |
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Most agents I have spoken to recently are reporting an increase in activity in the property market although generally speaking the clients are looking not buying.
I am still surpirsed that more UK owners have not adjusted their Euro asking price to reflect the substantial increase in the number of pounds they will receive. However one of more optimistic owners has reduced his price by 25% and told me that he will not be making a loss - just less profit!. This is probably the case in many instances - and a sensible philosphy. |
| THE WEATHER |
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Whilst the weather has not been up to normal standard, it is fair to say that the weather forecasters do seem to be able to make fairly accurate predictions so well worth checking if you are "popping over here" for a few days at short notice.
Nevertheless we have just had three weeks of excellent sunshine although last week was once again rather more English ! But - SUMMER is definitely on the way !!
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| IS YOUR PROPERTY LEGAL? |
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In several cases of our clients who have recently listed their properties with us we have discovered that there is some irregularity with the Property Register or the Planning Authority. In most cases this is just a matter of procedure and we offer our services to tackle these problems. It is vitally important these days that all the "I"s are dotted and the "T"s are crossed before one gets to the Notary with a buyer and discover an irregularity which prevents completion or financing.
In some cases extensions have been made years ago without permission - we can help with these by getting a dated photo from an Authorised source such as ESTOP and processing the appropriate documentation.
In summary - the Notaries and Lawyers used to be more flexible in terms of detail but understandably are now having to follow the Letter of the Law.
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| PRESS COVERAGE |
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 Always useful and much cheaper than advertising! We now have a collection of articles from the recent press which can be seen on our web page www.mjcassociates.net
- just click on LINKS and then PRESS LINKS | |
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 Beautiful Mallorcan finca near Felanitx.
Unique opportunity. 5 large bedrooms, 3 bathrooms - 2 en suite, large living-dining room, fitted kirchen. Beautiful covered terrace with BBQ, excellent garden and pool.
PRICED TO SELL.
EXCEPTIONAL Price: € 795.000
Ref: 09010 Learn more...
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 Beautiful new built finca in charming Capdella.
4 bedroom suites, large living room with fireplace, lovely large kitchen, direct access to terrace and garden. Finished in minimalistic style with lots of light. Splendid garden and pool. Undisturbed views to the roling countryside.
Price reduced from 2.400.000€ to 1.950.000€
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 Beautiful country finca near Artá.
Beautifully presented throughout. 4 bedrooms, 4 bathrooms, drawing room with fireplace, dining room, traditional style kitchen and bright breakfast room. Self contained guest house. 160m2 terraces and porches, landscaped garden with pool.
Price reduced from 1.495.000€ to 1.285.000€
Ref: 07057 Learn more...
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 Beautiful golf villa in Santa Ponsa.
In one of the best areas of Nova Santa Ponsa and with private buggy access to the golf course. Great countryside and golf views. 6 bedroom suites including guest cottage, 4 reception rooms, lovely terrace with pool area and garden.
Price reduced from €3.495.000 to €2.750.000
Ref: 08013 Learn more...
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 Bautiful Villa near Vall D'Or Golf.
Lovely newly built villa in S'Horta with open views towards the sea and private tennis court. 4 double bedroom suites, tower room, spacious dining-living room with access to covered terrace and pool area, fitted kitchen. Beautiful garden with large pool and BBQ.
OPEN TO OFFERS - REALLY KEEN SELLER!
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 Delightful finca near Cala Mondrago.
3 double bedrooms, 3 bathroooms (1 en suite), open plan living-dining room, rustic style kitchen, large live-out terrace and landscaped garden with pool. 2 separate guest bedrooms.
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 Delightful converted mill in Puigpunyent.
Historical country house in the foothills of the Galatzo Mountains. 4 bedroom suites, studio apartment, charming living room with fireplace, office, lovely farmhouse kitchen. Set in splendid mature gardens with pool and BBQ area.
OPEN TO OFFERS!
Price: 2.450.000€
Ref: 06013 Learn more...
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Frontline villa in Canyamel.
Fantastic frontline location, beautiful panoramica views over the bay and beach of Canyamel. Large swimming pool and sunbathing area. 5 bedrooms, 3 bathrooms, lounge with fire place, terrace with marvolous seaviews, dining room, fully equipped kitchen with breakfast area, office with seaviews, games room, and garage.
Price reduced from €1.700.000 to €1.295.000Ref: 07068 Learn more...
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 Mediterranean villa near Calviá.
Excellent views in elevated location. 4 bedrooms, 2 bathrooms - 1 en suite, fitted kitchen with dining room, lounge with fireplace, guest WC. Extensive terraces with summer kitchen, beautiful garden and pool.
Price reduced from 1.900.000€ to 1.450.000€
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That was all for now. We wish you and yours a Happy Easter and hope to see you soon in Mallorca.
Sincerely yours,
Michael Cunnington
MJC Associates
Tel: +34 971 57 99 57
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