Highlights in Menorca Island
Find your ideal home in Menorca Island
Relevant information about Menorca Island
Information
Although the area and population of this island gives way to a neighboring Mallorca (which is reflected in the "minor" name - "Less", "Major" - "Senior"), it is just the same beautiful by climate softness and natural beauty. For this reason in 1993 by the decision of UNESCO's Council of Menorca the island received the status of a biosphere reserve. The island had been for a long time under British influence, because of which in the dialect of the local population even now is clearly noticeable an English accent, and in bars here serve so popular in Britain gin. Menorca is also famous for its cheese - Keso Mahon.
Real State
Villas for sale and rent on Menorca are popular and demanded not less than on the neighboring Mallorca. But the price level is lower. Since 2008, the houses for sale and rent on Menorca are purchased 20-30% less due to the crisis, but in recent years the housing starts to rise again in price. Already in the next few years, the situation could radically change, so experts advise to buy real estate today, while the cost per square meter is between 1700-2100 euros.
The most demanded apartments for sale and rent on Menorca are located in the exclusive part of the island, which includes the city of Mahon (the capital of Menorca) and Ciudadela, as well as the suburbs. The cost per square meter here starts from 2600 euros. If we are talking about the villas and private houses near the sea, then get ready to pay from a half to two times more.
But to buy a piece of land in Menorca is relatively easy due to the low density of the population and mostly flat relief. For already 100 000 euros are available large areas (the area of 400-500 square meters) with a building permit. For the price of 400 000 euros you can buy larger plots with communications, which are located almost on the beach. If you plan to make such a purchase, you should remember that the Spanish legislation is very demanding to the buildings on the island. The walls of the house must be painted white, and its appearance - in harmony with the surrounding nature. The decision to "correspond" and "harmony" are accepted by the local architectural advice. Also construction must not be higher than three floors. On the island there are only 2 5-storey building, built before the UNESCO decision.
Houses for sale and rent on Menorca are a large business sphere. This concerns especially the property value of 500 thousand euro, as it enables the acquisition of a number of privileges, according to the Spanish laws from 2013 in particular facilitate the receipt of a residence permit.
You can rent an apartment or a house out almost all year round - a climate is favourable for this. One bedroom apartment can bring you up to 600 euros per week, and the house of 4000 - 6000 euros for the same period. Thus, apartments for sale and rent in Menorca - are not only a good financial investment, but also a stable profitable business.
Transport
There are very few islands on the island and public transportation is also not so varied. Although there is a bus service here (ticket costs from 1.5 to 2.5 euros), but it is quite irregular, besides the drivers often go off the schedule.
A good option would be to rent a car (from 50 euros per night), but only in case if you plan to travel only on highways. Actually there are not so many of them on the island. Another option - a taxi. One travel usually costs around 25-30 euros. A lot of really interesting attractions can be reached only by bicycle - the most popular among the local population transport.
You can to get to the neighboring islands by ferry or high-speed passenger boats and catamarans. The travel takes about 30-60 minutes. The ticket price of 47 euros. But if to talk about a private "motorboat", then we can negotiate and pay a lower price.
There is also an international airport on the island (one of three on the Balearic Islands). Here are performed flights both, on the other islands and to the mainland (Barcelona, Manchester).
Attractions
The main wealth of the island – is its beautiful nature and the numerous national parks (reserves), which occupy about 40% of the territory of Menorca. The most extensive and popular are S'Albufera des Grau, the whole territory of which is occupied by forests, and lakes, and sea coast, as well as wetlands. It is recommended to go here for a tour only with an experienced guide. Price for excursion starts from 50 euros per person.
For fishing enthusiasts an attractive place would be a fishing village of Fornells. Here you can rent a boat from the locals and / or to go with them on a fishing trip. The fish you catch will be cooked according to local tradition. The price of such services is negotiable.
If you like to walk alone, be sure to go to Ciutadella. There are many well-preserved buildings from 17-18 centuries. Excursion is not necessary - you can see everything on your own, and information can be found in books and travel guides.