Mallorca’s Biggest Myth: The Super-Yachts

Mallorca Puerto PortalsBe inspired be our diversified E&V portfolio at the marina of Portals.

Mallorca: Hotspot in the Mediterranean – Super-Yachts ever more popular on the island

Palma de Mallorca was named the “best place to live in 2015″ by the Sunday Times.  Yet Palma has been known as one of the most beautiful and attractive cities in Spain, but what really makes the difference here: Thanks to excellent infrastructure and good accessibility, there is nothing left to be desired. Chic restaurants & cafés, cultural richness in its old district and countless, lovely beach-clubs along gorgeous sandy beaches offer a lot of variety and flair to an exclusive clientele. But not only Mallorcas capital does attract both tourists and investors – so does its Mediterranean climate, stunning nature and attractions all around the island and make Mallorca the perfect place to relax, enjoy and experience.

Provided all these preconditions one could easily assume that Mallorca is THE hotspot of the super-rich and their luxurious-yachts. But, regarding super-yachts, the sunny island still lags behind yachting hotspots like Nice, Cannes or Porto Cervo. One reason therefor has been the admission tax of 12% for all charter yachts with a length of 15 meter plus in Spain.  This one-time tax payment can become heavy: owning a super-yacht worth 50 Mio., 6 Mio. Euro admission tax are due. That’s been daunting for yacht charters and owners not to go into Spanish waters neither to register their yacht here. 

Good news from the Yacht-Lobby: the one-time payment of 12% is now only applicable for yachts registered in Spain. That is truly a mile-stone for Mallorca on its way to become the yachting hotspot in the Mediterranean Sea. The increasing demand of foreign yacht owners gives prove.

Where else can you enjoy beautiful sundays with your friends and family in winter? Mallorcas protected location and its humid winters make this possible, whereas winters at the Côte d´Azur or in Italy may be quiet stormy and unpleasant for a yachting trip.

Living with views to the ocean and one of the most beautiful marinas of Mallorcas southwest –  Engel & Völkers Team Portals offers a wide range of villas, apartments and penthouses. Contact us in Portals: Tel. +34-971 67 68 36

#MarinaPortals #PuertoPortals #EngelVölkersPortals #PropertyPortals #YachtingMallorca


Posted in Company | Yachting.