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.
WELCOME TO THE PINMAR GOLF 2018
A milestone 30th edition of The Pinmar Golf will soon be upon us. We are delighted to announce the launch of the 30th anniversary of The Pinmar Golf Tournament which will take place in Mallorca from the 18th to 20th of October.
Pinmar’s Annual Yachtsman’s Golf Tournament was first held in 1989 with 19 teams of four enjoying a morning round of golf followed by a prizegiving lunch. 29 years later, “The Pinmar” is still played every October in Mallorca attracting around 350 golfers and 800 guests to the Prize-giving Gala Dinner.
With an international audience of yacht captains, yacht brokers, management companies, senior shipyard executives and representatives from the superyacht service industries, it offers an excellent opportunity for corporate hospitality and entertainment for golfers and non-golfers alike.
The 2018 event will take place at Golf Son Gual with the exclusive Friday Night VIP Party at the prestigious Cappuccino in Puerto Portals and the well received Jotun Recovery Brunch returning this year, hosted at the iconic restaurant Wellies. Building on the success of last year, the ‘Black Tie’ Awlgrip Prize-giving Gala Dinner and After Party will be returning to the incredible Son Amar estate. We are delighted to welcome as Master of Ceremonies British TV presenter and former Welsh international gymnast, Gabby Logan, who will be joined on presenting duties by our Pinmar Golf Ambassador Paul Lawrie OBE.
In response to the excellent feedback from last year’s event we aim to make a few small changes to improve the golf experience and increase the social programme for non-golfers. Our aim is to slightly reduce the number of golf teams and encourage the people who are not regular golfers to participate in the more light-hearted driving range and putting green competitions as well as enjoying the social ambience of the clubhouse terrace. This year’s “Social Player” package will include a ticket to the famous “Friday Night Party” as well as the Saturday Gala Evening & After Party.
Even with the heroic efforts of all the organising team, the quality of the event would still be impossible to achieve without the generous backing of our sponsors. Over 100 different companies support the tournament each year in a host of different ways, and many of them have been with us for most of the last 30 years. Our sponsors, who include leading shipyards, yacht brokers, insurance brokers and management companies as well as refit, repair, service and supply companies, come from all sectors of the superyacht industry.
The 2017 event had 344 players and collectively all of you, along with your friends and guests and our wonderful sponsors and hard-working volunteers, raised a magnificent figure of €101,315 for the Pinmar Golf Charity Fund which smashed our record and takes our total over our 29 years to €944,415. This tee’s us up perfectly to break through the one million euro mark at our special 30th year celebration.