According to the real estate website, Idealista, the price of used housing in the Balearics increased by 0.3% in February, meaning that there was an average price of 1,900 euros per square metre. There were, suggests this survey, only two regions where the cost of housing increased. The Balearics was one and the Canaries the other. There, the increase was 1.5% more than in January.
Overall, there was a fall in price of 0.9% across Spain, giving an average price of 1,583 euros per square metre. Compared with February last year, the drop was almost the same: 0.8%. La Rioja was the region where there was the highest percentage decrease. The 2.8% there was greater than the 2.2% in Murcia.
The Balearic cost per square meter makes the islands the third most expensive region for used homes. In Madrid it is 2,371 euros and in the Basque Country 2,550 euros. The cheapest parts of Spain are Murcia (1,057 euros per square metre), Castile La Mancha (968) and Extremadura, the cheapest of all with 955 euros.
The most important classic sailing regatta in Mallorca, to take place in Club de Mar Mallorca from 15 to 18 August, has been presented today at noon in Palma’s International Boat Show, with the presence of the general manager at IDI, Nuria Hinojosa.
Manuel Nadal highlighted that the classic and vintage yachts regatta organised by Club de Mar is one of the most committed nautical events in the Balearic Islands with the divulgation of the maritime culture and patrimony. “Just the fact of watching these yachts sail in our Bay is a luxury for us”, he said. He also remarked the importance of having the 15-meter class. “One more year we will have Hispania, which used to belong to King Alfonso XIII, and her class coleagues, Tuiga, Mariksa and The Lady Anne”.
One of the new features in this year’s regatta in the invitation to the 6M Class, in which the emeritus king sails on board the Bribón. “Since they are participating in the Copa del Rey, we have invited them to come and sail in the Illes Balears Clàssics, and we are already speaking with them so they can compite in this race”, said Club de Mar’s commodore.