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.
As many of you know, I formally ended my professional relationship with Camper & Nicholsons International in Spain at the end of September. I had worked for, in association with, or as a sort of franchisee of C&N for 33 years.
It has been a mostly enjoyable, interesting and worthwhile journey which I will always cherish despite its many ups and downs, different styles of management over the years, and sometimes rather colourful shareholders.
Although leaving C&N has been a hard decision to make, it was time to move on and also try to push an impressive and much needed superyacht marina project in Palma, with which my main company, Hamilton Connections S.L., is closely involved.
I am also keen to give a boost to the other activities and companies that I am part of, namely our smaller yacht brokerage company, Maritimo Yachts, Realty Mallorca, a Boutique Real Estate company and the Connecting-Mallorca website directory.
Hamilton Marine is a brand connected to me since 1996, and the intention is to offer personalised brokerage and international yachting consultancy services to clients and companies that may look to benefit from my knowledge, contacts and expertise of over 35 years in the yachting industry.
The new venture will come into being in January 2019. I look forward to your continuing support and maybe I can assist you in some way.
Jonathan H. Syrett
+34 971 40 44 66 | +34 609 43 33 33 | email@example.com