Global real estate market evolution requires professional teams with the true vision of the assets in Minorca.
Real estate is the oldest asset and today remains as important in global social and economic development as it has always been. Traditionally, real estate investment segments have been divided into four broad categories: residential, industrial, offices and retail. But keep on watchin real estate market through this lens limits investors, as theese general categories of real estate assets do not take into consideration how nuanced real estate asset management has become in recent years.
The most recent evolution of Western societies has been absolutely conditioned by the rise of technological developments and also, in some aspects, by the pandemic. In Menorca, of course, these conditions have also existed. The emergence of electronic commerce, the implementation of remote work, the continuous aging of the population and the explosion of emerging data-intensive digital technologies reflected in artificial intelligence are global factors of which Menorca, even though it is a small wonder of nature, does not has been abstracted.
Nowadays discovering new opportunities and investing properly in Minorca require to look beyond the "what" and really delve into the "how" and "why". How do long-term trends, such as demographic changes, urban developments, climate change, and technological evolution play a role? How is this behavior developing in real estate assets in Minorca?
For all of the above, it is essential that people interested in buying a house in Menorca are aware that the satisfaction they will obtain will be determined by the quality of the investment. Buying a house or apartment in Menorca, in addition to being an exciting project, should also always be a good investment. Thus, those interested in real estate investment in Minorca must have the right approach and obtain appropriate advice from real estate professionals who have the true view of the real estate market in Minorca. Now it's about finding the configuration with the right location, great amenities and sustainability.
Menorca, this Mediterranean island that hides secrets and peculiarities that make it unique, and that you may not have known about.
Buying a second-hand home in Menorca entails certain taxes, including the Property Transfer Tax (ITP). However, there are reduced rates that can represent significant savings for some buyers.
At SOM Menorca, as vacation rental professionals, we summarize the main implications for Menorca and for tourist accommodation.
At SOM Menorca, our commitment goes beyond the real estate sector in Menorca.
Buying a house or apartment in Menorca is an investment, an exciting project, but it's essential to understand all the expenses and taxes associated with the transaction.
Her volunteering experience in Tanzania reflects the principles of effort and solidarity that we apply at SOM Menorca.
Menorca evokes paradisiacal coves, sun and crystal-clear waters, but in winter it becomes a refuge of tranquillity, nature and culture.
As of July 1, 2025, the Single Registry, also known as the Single Window for Short-Term Rentals, will come into force.
Law 3/2024 requires registration in the ROAIIB for Real Estate Professionals in the Balearic Islands
SOM Menorca's innovative proposal for real estate sustainability in Menorca arouses growing interest in the media.