in association with
 
      MJC Logo      Savills logo         The finest properties in Mallorca
 

Pollensa 10066
  

Splendid Mediterranean country home in Pollensa - Ref: 10066

Newsletter 29 - CHRISTMAS 2010   
In this issue
SPAIN AND THE EURO
THE MARKET
HOWEVER
APARTMENTS
FOOTBALL
FORMULA 1 IN MALLORCA
QUOTE
QUOTE
CHRISTMAS GREETINGS
Quick Links
Join our list
Join Our Mailing List
Greetings!     

Welcome to the Christmas newsletter.

 

As I have now made my application to be a Spanish Air Traffic Controller and thus become a multi-millionaire, this could be my last Newsletter from MJCA  !!

 

Meanwhile

SPAIN AND THE EURO

 
As in many countries the political will is very short term oriented and all opposition parties simply criticize the Government for whatever measures they apply without suggesting sensible or any alternatives. As elsewhere I suppose.

 

With an unemployment level of 20% Spain still has a long way to go to recover and probably the banks have still to reconcile their property exposures in their balance sheets. However there does seem to be some positive news and it is apparent that the Spanish Government is prepared to get tough! The recent Air Traffic Controllers "walk out" caused chaos over the whole of Europe's air traffic and was to some extent fuelled by the Government's proposal to privatize Madrid and Barcelona airports thus putting the massively overpaid Controllers at some future risk - they are Government employees and as such have jobs for life. A situation which has to change.

 

Bail-outs have also been much in the news but with continuing denials it begins to sound like American Presidential candidates denying that they will run for President ! Certainly the Air Traffic Controllers have not enhanced Spain's image.



 
THE MARKET

November and December are traditionally quiet months for sales of real estate in Mallorca. The lead up to Christmas which seems to start earlier every year and the lack of short break tourism all add to the tranquility which at least gives us time to evaluate plans for next year.


 HOWEVER

 This year all is upside down ! Among the several properties which have been sold are two substantial villas in the road to Santa Ponsa Golf Club. Both were sold after many months of waiting. In both cases the asking prices were originally on the high side but a good result has been achieved. Other agents are also reporting some successes.

 

SANTA PONSA VILLAS SOLD

 

  08013 Santa PonsaSANTA PONSA 09074                       

      VILLA FOR SALE - € 2.2  MILLION

    08020 Santa Ponsa golf

APARTMENTS

We still have a few  high quality apartments for sale but they are becoming more and more difficult to find. The Bendinat group have more or less sold their stock apart from their Porto Colom development. Marina Plaza have some excellent apartments in Portixol and we have several good re-sales - one of which is in D'Alt Murada, front line in Palma, a superb town pad for only € 795,000 and a luxurious front line duplex close to the cathedral at € 2,950,000. Both have ample parking. Las Milanas in Puerto Andratx is another possibility for those seeking good quality.


09033 PalmaMarina plaza 07058Dalt Murada
 FRONT LINE PALMA          PORTIXOL         D'ALT MURADA

FOOTBALL

Xavi, Iniesta and Messi - all three from Barcelona's  squad - are nominated for the 2010 Balón de Oro / Footballer of the Year and the post World Cup selection of Russia and Qatar continue to upset the FIFA  applecart.


 xaviIniestaMessi

FORMULA 1 IN MALLORCA


There are rumours and articles in the local press indicating that Ecclestone and his Formula One  team are considering Mallorca as a possible venue for future Grand Prix. At present there is a small circuit on the road towards Llucmajor from Palma and plans have appeared to enlarge this to Formula One specifications. All seems a bit pie in the sky to me but who knows ?

 

 FerraricircuitMclaren

Mclaren

QUOTE

We must beware of trying to build a society in which nobody counts for anything except a politician or an official, a society where enterprise gains no reward and thrift no privileges
Winston Churchill


Quote

All I ask is the chance to prove that money can't make me happy. Spike Milligan


PUERTO POLLENSA MANY YEARS AGO !

 

Puerto PollensaPuerto Pollensa 2

CHRISTMAS GREETINGS

 

All of us here at MJC Associates wish all our clients and friends (which we hope are the same thing!) a very Happy Christmas and a prosperous New Year. Certainly the mood here in Mallorca is a little more upbeat and indications are that there will be a continuing recovery in the property market during 2011.  We certainly hope so !!


A SELECTION FOR SALE!!
 
 
10064 Pollensa
 
Magnificent Finca in Pollensa
Charming finca with beautiful landscaped gardens, in 66 acres.
Built in 1999 to high standards, the house has a total of 6 bedrooms and 3-4 bathrooms.
Impressive driveway through woods of protected oak trees.
 
Guide Price: 4.950.000€
Ref: 10060                                                     Learn more... 
  
10066 Pollensa
 
Mediterranean Country House in Pollensa
Distribution over two floors includes on the ground floor a reception area, with separate living room, dining room, large drawing room with adjoining library /TV room (both with fire-place) and a spacious kitchen.
Large dimensions, high ceilings and delectable details Replete with simply gorgeous terraces, wonderful Gardens and the spacious pool-area slightly hidden from view.
 

Price: P.O.A

Ref: 10066                                                   

                                                                       Learn more... 
 
10059 Cala D'Or
 
Villa in Cala D'Or.
 
In a quiet area close to the port of Cala d'Or and to the beach, a very well equipped villa finished to a high specification, 4 en suite bedrooms, open plan living / dining room,  60m2 pool, terraces and garden area.

     
 
Guide Price: 1.995.000€
Ref: 10059                                             
                                                                       Learn more... 
 
08020 Santa Ponsa golf villaBeautiful Golf Villa in Santa Ponsa

Comprises of main house and a guest apartment. Large Porche.The villa has a beautiful garden with pool, covered terrace and BBQ dropping down towards the golf course. From the villa there is direct private buggy access to the golf course.

                      

 
Guide Price: 2.200.000€
Ref: 08020                                           
                                                                       Learn more... 

 
08029 CalviaTraditional finca situated in Calvia countryside

Traditional finca with 12,000 m2 of land in the Calvia countryside. Completely renovated it comprises 5 bedrooms, 3 bathrooms, 1 guest toilet, 2 spacious reception rooms, country kitchen, separate guest house and garage. Surrounded by gardens and terraces with pool
 
 
Guide Price: 1.695.000€
Ref: 08029
                                                                      Learn more... 

 
 08074 son vida                                                   
Impressive Son Vida villa with spectacular views above the bay of Palma.
5 bedroom suites, large entrance hall with sweeping staircase, lift, living room with fireplace and glass doors to the covered terrace, library/office, dining room with picture windows, fully fitted designer kitchen, pantry, office, utility room, and guest toilet. Small staff or guest suite with a bedroom, bathroom and small living room.
 
Guide Price: 4.900.000€
Ref:08074
                                                                       Learn more... 

Of course, there are plenty more so please visit our website www.mjcassociates.net.


Once again Happy Christmas and we hope to see you soon in Mallorca.

Sincerely Yours,

  

Michael Cunnington

Michael Cunnington

MJC Associates
Tel: +34 971 57 99 57