Purple Cake Factory SL

Whilst Magaluf has become notorious this summer, 25 year-established yacht company, easyboats, says it will have zero impact on Mallorca’s luxury yacht industry. The Port Andratx-based Company believes 2014 will be a good year.

For the first time in its history, the Sotheby’s International Realty global website (www.sir.com) exceeded one million visits in a month. This July, the site welcomed 1,042,043 online visitors, a 15% increase over the same month in 2013.

Whilst progress on the Paramount Theme Park in Murcia has been slow, some good news emerged last Thursday when Alhama Town Hall gave approval to promoter Premursa’s urbanisation plans for phases one and two. The project gets another step closer.

Having sold her to a British owner in 2007, easyboats has once more handled the sale of Riva Rivale ‘Sakura’ to a second pair of safe British hands. The 52-footer is also now listed for charter through easyboats.

This week, the Hon Fabian Picardo officially broke ground for the eagerly awaited World Trade Center Gibraltar. This iconic global brand finally arrived with the Chief Minister operating heavy machinery and drilling the first foundation.

45.5% more foreign tourists visited the Spanish region of Murcia in the first five months of 2014 compared to the same period last year. This is the highest official figure since 2009 and British visitors account for almost half.

The Balearics have been enjoying the benefits of a market in recovery for quite some time now. The news coming out of Mallorca and Ibiza Sotheby’s International Realty’s offices as they reflect on the half-year is certainly very positive.

The World Cup has centre stage, but Brazil's presidential campaign is heating up with the Workers' Party this week endorsing Dilma Rousseff to run for re-election. She promises to continue with social policies that have lifted millions out of poverty

Latest research from Balearic Tourism highlights the growing difference in tourist profile between Mallorca and Ibiza. Whilst the typical Mallorca holidaymaker is older and chooses four star accommodation, across in Ibiza they are getting younger.

According to research by the World Travel and Tourism Council (WTTC), Cape Verde features in the top ten countries in the world for long-term tourism growth (2014 – 2024). International property investors are already reaping the rewards.