| Mallorca property prices in the South West are set to | | | | that the Marina project was about to be announced |
| boom: There have been rumours for some time that | | | | publicly. They know that the property prices will soar, |
| there were plans to expand the Adriano Marina (and | | | | they don't need to sell - so why not wait? (Local |
| some did have inside knowledge that this was so) | | | | experts in the Real Estate sector are predicting up to |
| however, until now, nobody had been able to confirm | | | | 20% increase in property values within the next 2 |
| the details as confirmation of the project had not | | | | years). |
| been made publicly available. | | | | Further evidence can be seen just down the coast. |
| Starting in last Friday's edition of our trusty local | | | | Those of you familiar with Mallorca past and present |
| paper, the Majorca Daily Bulletin, we at last have | | | | will remember the days prior to Puerto Portals. |
| concrete details of the extension to Port Adriano, | | | | Before the marina was built, Portals Nous was little |
| the Marina of El Toro - and the word is WOW! We | | | | more than a commuter town for Palma whereas |
| had had varying reports on the size of the extension, | | | | now it is a playing ground for the rich and famous. |
| but what has now been approved by both the Local | | | | Familiar faces such as Claudia Schiffer, David and |
| Council and the Balearic Central Government will turn | | | | Victoria Beckham, the Schumaker brothers and many |
| Port Adriano into one of the best Marinas in the | | | | more, can often be seen in the various restaurants |
| Mediterranean basin - why? Because throughout the | | | | and bars, and it is a known favourite of King Juan |
| Med, the demand for moorings for the Millionaires' | | | | Carlos himself. |
| Superyachts is at an all time high - and Port Adriano is | | | | I don't need to tell you about property prices, |
| to have moorings for Superyachts of up to 200ft. | | | | especially if you have ever tried buying an apartmet |
| And as any savvy investor knows, one thing's for | | | | in Portals village, let alone the Port, or a villa in |
| sure - money attracts money, and the influx of | | | | Bendinat or Costa d'en Blanes ... prices are at an all |
| wealth into the area will mean that the property | | | | time premium. And why not, after all, the port is |
| prices in El Toro, Nova Santa Ponsa and arguably | | | | competing with Peurto Banus and Monte Carlo, and |
| Santa Ponsa will skyrocket - and the proof of this is | | | | probably winning! |
| what is proving a bit of a negative on the Real | | | | So if you are looking for a sound investment, then |
| Estate listings side - many equally savvy vendors | | | | maybe you should look no further than Puerto |
| have, in the last couple of weeks, removed their | | | | Adriano in El Toro, SouthWest Mallorca, it's set to be |
| properties from the market, and just on the rumour | | | | the next big playground for the rich and famous... |