On 6th of July the trading in the shares of Homes & Holiday AG (ISIN: DE000A2GS5M9) began on the Munich Stock Exchange (quality segment m:access). As part of the IPO, the specialist for holiday properties placed 1,757,595 shares at a price of EUR 2.50 from a capital increase. Including the pre-IPO capital increase in April […]
One of the most important requirements is certainly the minimum age of the property – it must have been used for other purposes than renting for at least five years in order for the issue of a renting licence to be considered, meaning that buyers of newly-built objects with holiday renting projects will need to find a transitional use for that period. As a consequence of this rule, using holiday renting to claim back sales tax paid on the purchase of the property no longer applies.
A lot of people dream of marrying right on the sea with their feet in the sand” as Anne Schwarzenbacher, a wedding organizer in Mallorca for many years, well knows. Her agency ‘Mallorca Event Factory’ which she runs together with Thomas Zöller makes that dream, and many more, come true. Just like a growing number of similar agencies who have specialised in those couples who wish to make their marriage vows under the sun of Mallorca. Marriages in Mallorca are very trendy. No wonder, considering what exceptional locations and romantic settings the island has to offer.
Holidays in a holiday home in Mallorca are becoming ever more popular and more and more owners are renting their properties to tourists during the times the house would normally be standing empty. Holiday properties are also becoming more popular as investments as the returns from holiday renting can be very attractive. How much, however, […]
He thought that he had done everything right, but the owner of a holiday home was still unpleasantly surprised when advised by the tax authorities that he owed turnover tax (Spanish:IVA) – out of the blue.
The person concerned is puzzled as he does not operate a purely commercial holiday-home rental which would be liable to VAT, only the administratively and fiscally- simplified version for which no IVA accounting is necessary.
2017 was a turbulent year for holiday rentals in Mallorca. The Balearic government initiated a new law on the 1st. of August imposing a moratorium which means that it is likely that, at least before summer 2018, no new applications for holiday rental licences will be accepted.
The island is improving its facilities for handicapped people. The forerunner is Palma with offers for tourists with limited mobility like tours of the old town and even watersport possibilities that are all barrier-free. Things are starting to move – even though there is as yet no complete accessibility for the handicapped. The Balearic government […]
The month of September is perfect for a visit to a wine cellar at a local vintner. We recommend: Bodega Ca´n Novell in Binissalem, where you are welcomed with a glass of their excellent and well-priced wine. This Bodega is different from the others: The Binissalem vintner Andreu Villalonga produces wine, how he thinks it […]
Ficus carica – the real fig – is one of the oldest crop plants, which is cultivated and appreciated throughout the whole Mediterranean region. Also on the island the roundish fruit is known as one of the most famous fruits, which is sweetening up the ending summer. Depending on its type, the fig is either light green until dark violet and on the inside always juicily red. Majorca has the ideal climate for the fig tree, which needs warm summers and mild winters.
This month in our blog series we would like to present you a Spanish classic: the gazpacho. Whether you are in Germany or in Majorca – this recipe should be tried on a hot summer day. There is no need to have a refined palate to realize that tomatoes from Majorca taste especially good and […]
Golfing is one of the most popular sports in Majorca. Nearly no other Mediterranean destination offers so many and such a variety of 18-holes golfing places like the biggest Balearic Island. Numerous tournaments and events all around the white ball take place and ensure that all players enjoy the game around the 19th hole. On […]
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