La Coma – family villa for rent in Pollença, North Mallorca

If you’ve been on our rentals website, I’m sure La Coma would have been one of the listings that stood out. Just a short distance into Pollença old town, the villa is so well located that if you fancy you could easily walk into town for dinner in the evening, or even hire bikes and ride into town whenever you like. Split across two floors; the villa can conveniently accommodate two families travelling together or a large family. 

As you walk in, you’ll find a large covered terrace with views right across the Colonya Valley. Whenever we’ve met with our guests staying here, they always comment on how wonderful it is to see the sky lit up with a blanket of stars and just how many you’re able to observe from this property.

If it’s entertainment for the children you’re thinking about when holidaying in Mallorca, then be rest assured that the children will be plenty entertained here. If it’s outdoor activities they like then there’s ping pong, a large field to play football in or of course the swimming pool. During the hotter hours of the day and for a bit of downtime then there’s always the chance to catch up on the latest things on the Apple TV or DVD collection.

Get to know it, see our virtual tour here:

Virtual Tour La Coma
Have a digital walk through and get to know the place. Click here to go on a virtual tour.

 

The villa is rented in the peak season months from June – September. If you are looking for a property to sleep ten guests, then we highly recommend giving this one a look.

It’s not just us that raves about it, check out a review from some guests last year:

“Thank you, Prestige Villas, for our relaxing week at La Coma. We knew from the moment we arrived the holiday would be everything you promised. We were greeted with a thoughtful welcome pack and great information booklet that explained all the necessary things about the house, plus useful information about the local area with restaurant recommendations as well as other places to visit in Mallorca. The villa was clean and comfortable. It had obviously been recently decorated and we really liked the relaxed, personal style of the villa. There was all the necessary equipment in the kitchen and it was of the best quality you could have expected from this type of rental property. The exterior of the villa was lovely. There is a lot of outdoor space, with an excellent pool and plenty of shaded areas on the terraces. The villa is in a quiet area and the views are great, excellent for star gazing at night! We had BBQ´s for dinner on most of the nights and decided to use the brick BBQ. Although it was tucked away from the views of the mountains, it was very good. There was also a smaller portable BBQ that could have been moved into a position to enjoy the views. An unexpected bonus for us was to find there was lots of toys for children a kitchen, tent, table and chairs, jigsaws, DVD´s etc. which our three year old loved! The villa was easy to find and very close to Pollenca. Although it would be possible to walk to town, I would not recommend it as the roads are quite narrow. It also only took us about 5 minutes to drive to two decent size supermarkets and 10 minutes to drive to the beach. We loved our holiday here and could not have asked for anything more. I would certainly recommend this villa to families and larger groups. There is lots of space, plenty of parking, and the separate annex by the pool is very private.”

Duplex Maria – apartment for sale in Puerto Pollensa

Duplex apartment located in the residential area of Boquer, just 150 metres from the Pinewalk and the beach of Puerto Pollensa. It is a very quiet and comfortable community either for living during all year round or to spend the holidays, with a fabulous community pool.

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The property is facing east; it is very bright and sunny during the middle hours of the day. It is built on two levels: ground floor and first floor and is distributed as follows: on the ground floor, there is the kitchen, a toilet, laundry room and living room/dining area, with access to the terrace and private little garden.

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On the top floor, there are the bedrooms and two bathrooms (one is en-suite).

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Equipped with aluminium exterior finishings, ceramic tiles, pine woodwork and wardrobes, hot/cold air conditioning.

Build area: 95sqm

Bedrooms: 2 double, 1 single

Bathrooms: 2 full, 1 guest WC

Community swimming pool, AC, built-in wardrobes

Price: 278.000 €

 

See more on our website and enquire.

Family Activities in Mallorca

Stand Up Paddle-boarding

This is something the whole family can enjoy and doesn’t take a long time to learn. The flat seas are beautiful to paddle about on and take a tour of the Mallorcan coastline. There is no pre-requisite learning necessary, but a good balance and coordination can help a lot during the first 10 minutes before getting into the swing of things. There are plenty of schools out there, but the best has got to be Mallorca Kiteboarding & SUP who offer fun and exciting excursions that all the family can enjoy. They offer lessons to both complete beginners and advanced, learning the key skills to become a paddle surfer.

Image credit: cuevasdeldrach.com

Caves

Coves de Campanet – At the bottom of the Sant Miquel hill in the Tramuntana Mountain Range are the Coves de Campanet caves. A much more modest attraction than the Coves de Drach, they’re still well worth a visit. There is a guided tour of the caves which lasts 40 minutes and takes you along pathways through the caves where you can see small ponds and impressive stalagmites and stalactites. The different chambers inside the caves are known as Sala Romántica, Sala de Llac and Castell Encantat.

Coves del Drach – Discover the Eastern coast of Mallorca and head to the most famous caves located in Puerto Cristo. Extending for almost 2,500m and including internal heights of 25m above the cave floor. The caves are said to have formed from seawater pushing through the rocks to form a vast opening that is thought to have happened in the Miocene period (between 23 and 5 million years ago). There are four caves, all of which connect to each other, Black Cave, White Cave, Cave of Luis Salvador and Cave of the French. Hidden within the caves is Lake Martel, considered to be one of the largest subterranean lakes in the World, (170m long and 30m wide) on which there are daily performances of classical music featuring pieces by Caballero, Chopin and Offenbach.

Water parks

There’s no better way to cool down in the hot sun than having fun in the water. There are several water parks in Mallorca and Western Water Park is one of the best, over in Magaluf. With dive shows and entertainment throughout the day, the rides here are great with a variety of different slides to suit all the family.

Image credit: Actionsport Mallorca

PETER diving system

The ideal bridge between snorkelling and scuba diving. PETER Diving is suitable for all the family and takes you to ideal diving conditions for beginners. It’s a great way to see underwater ecosystems without the rigmarole of scuba. It’s a definite hit amongst youngsters with the age requirement being only 8 years old. The divers at Actionsport Mallorca in Port de Pollença are all qualified, and you’ll be sure to have a fun day out.

Kiteboarding

Kitesurfing isn’t just a hobby, it’s a way of life. It’s also an excellent way to get the teens entertained in a course to learn one of the hottest sports on offer in Mallorca. With a constant warm wind blowing between 10 – 15 knots and shallow water, North Mallorca is the place to learn. The instructors at Mallorca Kiteboarding & SUP are all qualified by the Spanish Sailing Federation, IKO, WDWS and Spanish Surf Federation so if you take a class with them; you’ll be in good hands. The price of courses includes all equipment and accident & liability insurance. Josep gave it a go; you can read his experience here.

Image credit: 2GoCycling

Bike Tours

One of the best ways to sample the island is by bike. The island has been growing in popularity with cyclists coming from all over Europe. You can either rent a bike and go it alone or join a fantastic bike tour which you can combine with kayaking or local markets and also there is a tour on mountain bikes to test your stamina.

Coasteering

Jump right into the blue Med on a Coasteering adventure in North Mallorca. Cliff jumping is obviously an activity you want to do with a guide who knows the safest places to go and the best spots. It’s an activity suitable for all abilities just so long as you have an adventurous side about you. Other actives that can be thrown into the mix include abseiling, zip lining, snorkelling and swimming. Practice Coasteering in Mallorca is the best way of combining sea and mountains, as we’ll follow the seaside shoreline as we discover the most hidden corners of the island.

Kayaking

Whether you’re in a single or a double kayak, it’s great fun to paddle about the water in the North. An open sea kayak is a less intimidating way to enjoy the water than something like a canoe. If you’ve got the desire to try something with a guide, then there is a super instructor here in Puerto Pollensa with vast knowledge of the best kayaking spots for all levels.

Hiking

There are plenty of great hiking route around Mallorca but one easy route is the Puig de Maria outside of Pollença. It’s a short 40-minute walk along a path with lovely views at the top. It’s worth going early or late, but not during the heat of the day.

Tax Guide for Non-Resident Property Owners in Spain 2016

Management of Non-resident Taxes

 

Income Tax

As non resident in Spain and owner of a property you are liable to the non residents income tax. This tax is paid once a year. You pay it before the end of the current year for the previous one (in 2016 you will pay for financial year 2015). The amount due is calculated on the cadastral value of your property. This amount is the result of applying a 19.5% on the 1.1% of the assessed value.

Cadastral Value x 19.5% x 1.1%

Please note that if you rent your property you also have to declare this income but instead of declaring this income once a year you will have to declare it quarterly. The amount to declare is the entire amount received from the tenant, without deducting any costs*.

*Nevertheless, as we are dealing with taxpayers resident in another European Union member state, the expenses described in the Law on Personal Income Tax (IRPF) can be deducted when calculating the taxable base, as long as proof is provided that these expenses are directly related to income earned in Spain and have a direct economic connection that is inseparable from the activity carried out in Spain.

  • Income accrued in 2014: 24.75%
  • Income accrued in 2015: 19.5%

 

Wealth Tax

Wealth Tax has been re-established temporarily for tax years 2011, 2012, 2013, 2014 and 2015, accruing on 31 December of each of these years. Wealth tax is an annual tax, payable on the total value of your taxable assets as at 31st December. If you are resident in Spain you are liable to the tax on your worldwide assets; if non-resident, then only on your Spanish assets.

Tax base: The current tax-free allowance for non-residents is 700,000 €

Obligation to declare: All taxpayers with a positive tax liability are obliged to file a tax return.

 

Local Taxes for Property Owners

Local yearly Property Tax: The Impuesto sobre Bienes Inmuebles (known as IBI) is fixed by the local authorities ayuntamiento), depending on both the value of the land and of the property itself. This tax is paid yearly (before the end of November), and you can go to the local tax office and pay it directly when you receive the yearly notice in your postbox, or you can arrange an automatically debit from a Spanish bank account (the best option if you do not live permanently in Spain).

Local yearly rates: House-owners in Spain are also required to pay yearly rates, which is a contribution to street lighting, maintenance of facilities and rubbish collection. The yearly amount again depends on the area and is paid to the local council.

 

This text was written by the offices of Alfonso Benavides Y Asoc. S.L.

 

Find out More:

If you would like further information regarding this information, contact Alfonso Benavides Y Asoc. S.L. by email.

When MANA Media came to Los Olivos

We were approached by the marketing team Saatchi & Saatchi to host a photoshoot at Los Olivos in Pollença. The photoshoot was one of twenty-four locations picked globally and Los Olivos was chosen from over 1,000,000 properties listed on the portal HomeAway. Quite an honour, I think you’ll agree. Only the very best properties were selected and Los Olivos was one of them. The beautiful photographs were taken during two days of intense set up and shooting. The photographers that took the photos were from MANA Media, an international content creation and production agency with teams in London, LA, New York and Portland. Capturing beautiful images with vibrant colours and with great attention to the finest details.

We’re pretty pleased with the results. Have a look for yourself.

Los Olivos is available for rent throughout the year. Since the photos were taken, a jacuzzi and outdoor kitchen have been added.

Los Olivos
The entrance to the property, which overlooks Golf Pollensa.
Los Olivos
Beautiful terrace for relaxing in the sun or taking a dip in the infinity pool.
Los Olivos
Covered dining terrace and plenty of areas to relax in the shade.
Los Olivos
Stunning views across the North of Mallorca.
Los Olivos
The villa lit up in all its glory in the evening.
Los Olivos
Gorgeous interior design, designed by Uber. Relaxing and comfortable place to relax indoors.
Los Olivos
Impressive entrance hall with large windows flooding the property with natural light.
Los Olivos
Large terrace for al fresco living.
Los Olivos
Fully equipped kitchen.
Los Olivos
One of six bedrooms.
Los Olivos
Master bedroom with twin bathtubs.

The Five Ws on the new Balearic Sustainable Tourism Tax

As you may have heard, the Balearic Government have introduced a new tourist tax. The name in Catalan is a bit of a mouthful: “Impost sobre estades turístiques a les Illes Balears i de mesures d’impuls del turisme sostenible” and it roughly translates into Sustainable Tourism Tax, but many people prefer to (incorrectly) refer to it as Eco tax or Ecotasa.

What is it?

The Sustainable Tourism Tax has been designed for a specific purpose: imposing a levy on the stays of visitors in tourist accommodation and homes marketed for tourist use as well as cruise ships in the Balearic Islands. The tax will be a small amount charged daily to visitors of the Balearic Islands.

Why?

The purpose of the tax is basically to compensate the Balearic society for the environmental cost involved in certain activities that distort or deteriorate the environment in the archipelago and to improve the competitiveness of the tourism sector by means of sustainable, responsible and high-quality tourism in the Balearic Islands. The funds will concentrate on:

  • Protecting, preserving and modernisation of the natural, rural and marine environment
  • Enabling a prolonged holiday season
  • Restoring historical and cultural heritage
  • Promoting research related to tourism
  • Improving training in the tourism sector
  • Investing in infrastructure and services

Who is liable to pay?

Any visitor to the Balearic Islands, 16 and over, is liable to pay the tourist tax, providing their stay is of a minimum of 12 hours. It is the responsibility of the accommodation owners to ensure the tourist pays the tax, which they then pay to the tax office. In most cases, visitors will pay to whoever they have signed their rental contract with – that would be us.

When?

The law has already been brought in, as of 2nd April. Visitors staying from 1st July 2016 onwards are liable to pay the tax.

Where?

In any of the following tourist establishments: hotels, holiday homes (villas or apartments), hostels, B&Bs, cruise ships etc. Each one of the aforementioned accommodations is charged a daily rate depending on the level of service and standard.

Final thoughts

The new tax is causing a bit of a stir amongst tour operators, travel agents and tabloids, predicting that it’ll damage the tourism industry in the Balearics as we know. At Prestige Villas, we don’t think it’s going to be that catastrophic and prefer to see it like a small donation that will help investing not just in infrastructures that are so crucial (think water desalination plants or more sustainable energy sources), but also help mitigate the impact of so many visitors while also improving what our islands have to offer and increase the value of our destination.

Sales Highlight of the Month – Vista Can Botana, Ref: 7918

Vista Can Botana

A fantastic two bedroom penthouse in a very tranquil location in Cala San Vicente, only 400 meters from the beach of Cala Molins. It is located on the second floor of a complex of 8 properties with a shared swimming pool.

The property has a built surface area of 82.5 m2, and has a private roof terrace with the same size of the flat, from which you have fantastic views of the neighbouring forest of Can Botana, with ancient mediterranean oak trees.

Vista Can Botana

The apartment opens out onto two double bedrooms, two bathrooms (one of them en-suite) and a lounge diner with open plan kitchen. Both bedrooms and lounge lead to a terrace.

Vista Can Botana

Vista Can Botana

Vista Can Botana

A nice back stair takes you to the roof terrace. There is a communal swimming pool with a small solarium area. There is a private uncovered parking space as well. The property is to be sold fully furnished, as seen.

Vista Can Botana

 

Price : 239,000 €

Built area 82.5 m²
Bedrooms 2 Double
Bathrooms 1 Full 1 Shower
Central heating, built-in wardrobes, shared swimming pool

 

To view this property or to get more information, enquire through our website: Vista Can Botana

Tax implications for Landlords in Mallorca, Spain

In a recent collaborations with Alfonso Benavides & Associates, we spoke to them about tax implications on property owners in Spain and what owners are required to do.

Below is an extract of their introductory information for anyone unsure of what is required of them:

All employers, professionals, and landlords or lessors of property for housing and commercial purposes, as taxable persons for the purposes of IVA (Spanish VAT), are obliged by law to keep invoice records.

Generally speaking, both employers and professionals, as taxable persons for the purposes of IVA, are obliged to keep the following records:

  • Record of invoices issued
  • Record of invoices received
  • Record of investment assets
  • Record of certain intra-Community operations

Manual, computerized or electronic accounting systems are all considered valid for making entries and annotations to the records of invoices issued and received and investment assets.

Record of invoices issued

Invoices or substitute documents issued in relation to all IVA transactions, as well as amendment invoices or substitute documents should be registered in the record of invoices issued.

Record of invoices received

Invoices relating to goods purchased or imported and services received in the conduct of the business or professional activity should be recorded in the record of invoices received.

Record of investment assets

This record must be kept by those taxable persons who qualify for investment deductions. The following details should be recorded:

  • All investment assets, itemized individually
  • Precise details to identify the invoices and customs documents relating to each asset
  • The date of commencement of use, the definitive pro-rata rate (DPR) and the annual adjustment for the deductions, where applicable, for each itemized asset.

Find out more:

If you would like further information regarding this information, contact Alfonso Benavides Y Asoc. S.L. by email.

The Four Seasons of Live in Mallorca – Part II – Spring

Spring
Hike down to Cala Figuera, just off from the road to Formentor

Spring – Possibly one of the most glorious seasons of year in Mallorca, despite having an unseasonable warm and dry winter, the flowers are flourishing and the bushes are green. The island starts to creep out of hibernation with holidaymakers arriving with bikes and hiking shoes. The gruelling Tramuntana mountains makes for fantastic cycle training and the beautiful flat country roads make the training second to none. The GR221 Dry Stone Route through the mountains is a favourite for hikers too.

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The hike down from Puig Tomir (1,104m) . Spectacular views on the cloudy hike back home.

One particular highlight of the Spring schedule is of course Easter, with spectacular festivities happening right across the Easter weekend, it is a shame to miss the traditional parades and events happening.

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Easter processions in Pollença

With that said, one of the traditions of Easter is Panades, which of course we have tried our hand at making and you can be rest assured that the recipe is tried, tested and given two thumbs up!

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Panades in the making…

If you’re around Mallorca in April, one highlights in the town of Pollença is the Fira del Vi. Usually around 36 local bodegas take part that span across the whole island. The entrance costs around 10 € and the event runs all day Saturday and Sunday morning. Sampling the islands best wines is such a delight in itself not to mention the fantastic Claustre de Sant Domingo setting that it takes place at.

What else are we excited about this Spring? Our guests are arriving! We’re pleased to welcome everyone to the beginning of the 2016 season and wish everybody who stays with us a fantastic holiday here in Mallorca.

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A little welcome…

We’ll hit you back up soon with part III talking about Summer.

La Telaraña – Beautiful Family Home for Sale

La Telaraña is a beautiful family home, located just 1.5 kilometers from Puerto Pollensa, in a small cul-de-sac. You can take a long stroll into town or it’s just a quick drive in the car. The property has been recently reformed with the best quality materials and the result is stunning. It is decorated with a lot of style and warm colours with furniture pieces imported from a high quality furniture company from the UK.

The large heated, saltwater pool, it great for spending time enjoying outdoor living in Mallorca and the large covered terrace, reformed in 2015 with built in BBQ area is perfect for entertaining.

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Bright and spacious kitchen with island in the middle. Fully equipped with Bosch induction hob, microwave, oven and modern fridge/freezer.

The property has great rental potential and is rented well throughout the season. As the property has central heating, it can be rented year round.

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Indoor seating area.

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Just off from the seating area is a playroom set up. Very popular with guests renting this property as it is a very family friendly feature combined with the heated pool.

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Two downstairs bedrooms, the white one has en-suite shower room and the black one has a shower room next door.

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Upstairs bedrooms. Both with en-suite. The master (right) has en-suite with separate bath and shower.

Ground Floor Plan

First Floor Plan

Plot size: 2416 m²
Built area: 306 m²

Bedrooms 4 Double
Bathrooms 2 Full 2 Shower

Price : 1,400,000 €

See La Telaraña on our website: click here >