Global Ocean Race 2011-12 is set to make a splash in the Mallorcan property market
With only 5 days remaining until the start of the Global Ocean Race, Mallorca the launch pad of the highly anticipated event, is gearing up to see thrilling high speed activity from various nations doing battle on its sunlit watery landscape this weekend.
Having announced the final entries for the 2011-12 sailing extravaganza, the race is set to begin its first leg, from Mallorca to Cape Town on September 25th 2011. The Global Ocean race, a double-handed, round the world race for Class40 yachts saw 19 teams officially entered in early summer this year, however difficulty in securing offshore yacht racing sponsorship in a changeable financial environment has meant that numbers have slowly dwindled to only six confirmed entries for the 2011-12 circumnavigation.
The GOR’s Race Director, Josh Hall, is enormously proud of the racing teams commenting,
“It is so impressive that six teams have made it to the start. Clearly, it is disappointing for the teams and for the GOR Race Organisation that the overall fleet total has been reduced, but it shows the commitment, ingenuity and sheer determination of the skippers that they have made it to Palma.”
In spite of this, the excitement is bubbling enhanced by the official opening of the race village last Friday which houses the sponsors and various organising bodies and will be host to numerous events and presentations over the coming weeks. While the race itself attracts thousands of sports fans from across the globe to the golden island, entry to the village is free to the public with organisers aiming to give visitors an insight into one of the sailing world´s toughest challenges as well as promoting the sport to potential boating enthusiasts.
Indeed, international events of such magnitude help put Mallorca on the global stage and while many sailing devotees are attracted to these sporting events and the extras that go along with them, many more stay for Mallorca’s sun soaked climate, sublime blue flag beaches and high class restaurants.
Meanwhile, despite holiday company Mallorca Tours, listed as the official tour operator for the racing event in Mallorca having organised discounts with hotels in Palma ranging from 5* to 2* hotels all within easy reach of the GOR village, savvy property hunters have their own ideas about how to take advantage of the increased demand for accommodation, in particular rental property seeing homes close to marinas in particular become more desirable. Indeed, for buyers, owning a home on the Balearic Island can provide the opportunity to reap a generous rental income throughout the year.
Ignacio Osle, Sales and Marketing Director of Taylor Wimpey España, explains,
“Mallorca is highly regarded in the world of water sports, hosting an array of premium yacht racing events such as the Copa del Rey, the Palma Velas, the Superyacht Cup and the Global Ocean race as well as being noted as a leisurely holiday stop for the rich and famous which are big attractions in their own right.
“The island evokes a sense of style and sophistication and tourists as well as property buffs want to take ownership of that lifestyle by purchasing a high quality property. The great thing is that world class events, combined with a great social programme and stunning natural beauty helps increase the demand for rental property with good locations and quality builds always selling well whatever the market conditions. International events just add to their year round appeal.”
Leading house builders, Taylor Wimpey España, has plenty to offer in terms of affordable high quality property with properties in Mallorca waiting to be snapped up.
El Puerto II consists of two bedroom apartments located on the south east coast of the island, very close to the glamorous Marina de Cala D’Or costing from just €177,000 + NO VAT with furniture included. With 3 communal swimming pools available these properties are surrounded by outstanding natural beauty offering various other activities such as water sports, biking and golf in the local area.
For more information on making a splash in the Mallorcan property market please contact Taylor Wimpey España today on 08000 121 020 or visit www.taylorwimpeyspain.com. If you reside outside of the UK you will need to call 00 34 971 706 244.