DGAP-News: Homes & Holiday AG / Key word(s): Market Report/Miscellaneous With two new locations, Homes & Holiday AG strengthens its leading position in the Mallorcan real estate market.
The sales region of Mallorcas centre was assigned to Nicole Neipp and Roland Schepp. The new franchise partners took control of the region with immediate effect and will open a real estate office in Santa Maria this year. So far, the region was managed by Porta Mallorquina itself. The centre of the island is characterized by many beautiful country villas and fincas, and is becoming increasingly popular with buyers. According to the February 2019 study of the STI Centre for Real Estate Studies (CRES), prices are the lowest on the island, at an average of EUR 3,306 per square meter. As is the case with all of Mallorca properties, prices in this region are steadily increasing. At 37%, the price premiums for new buildings compared to existing properties are among the highest in Mallorca. The island capital of Palma is one of the absolute top regions of the island, and well equipped properties cost an average of around EUR 6,000 per square meter. To better serve the high demand, Porta Mallorquina has now divided this area into two sales regions. Palma West serves to the Western part of the capital with the popular nightlife district of Santa Catalina, the new scene hotspot El Terreno and Paseo Maritimo to Porto Pí. Also included is the coveted residential area Son Vida. This sales region is now managed by the franchise partners Maxi Kümpel and Kent Steinbach. The Eastern part of Palma is covered by the real estate office on Calle Conquistador and is run by Porta Mallorquina as its own branch. "We are very pleased to be able to gain new qualified partners for these two sales regions. Together, we want to exploit the existing potential in Mallorca even further, and the timing is favorable ", said Joachim Semrau, founder and CEO of Homes & Holiday AG. Contact: Press and image requests: Investor Relations & Financial Press About Homes & Holiday AG
30.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | Homes & Holiday AG |
Ludwigstraße 8 | |
80539 Munich | |
Germany | |
Phone: | +49 211 86 81 57 30 |
E-mail: | info@homes-holiday.com |
Internet: | www.homes-holiday.de |
ISIN: | DE000A2GS5M9 |
WKN: | A2GS5M |
Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt, Munich (m:access) |
EQS News ID: | 804915 |
End of News | DGAP News Service |