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 Rally Clasico Isla Mallorca, is an event that for the last 14 years has been taking place the 2nd weekend of March on this privileged island in the middle of the Mediterranean Sea.
150 professionals are in charge of the organization of the event together with all the logistics, as well as the time keeping and especially the security. This rally is able to combine competitiveness with pleasure and is a reference for other rallies on several aspects.
Rally drivers from all over Europe take part every year in this rally, with more than 90% repeating pilots year after year. This high rate of repeating rally drivers is due to the high quality and fun that our pilots experience every time.
Nowadays it has managed to position itself among the 5 best events of the year that are held in Mallorca, in front of events like the King’s Cup sailing or the Mallorca Open – WTA Tennis Tournament, among others. This shows that not only is it an engine competition but also a great sporting and social event, where local and resident participants from different nationalities of the world mix.