Prices and costs in Mallorca

They say money makes the world and of course there is much in Mallorca - but not everyone is aware. Find or face the island depends on where you come from, or is a retired or is attempting to earn a salary. Those who are accustomed to the prices in London or Stockholm, Mallorca will seem cheap. Although, people who are earning salaries of executives at European level will seem normal, but people who earn wages in Mallorca will notice that prices are too high.

Jackie Smith, a retired teacher who spends half the time between the UK and Cala Fornells, found that people who are in the service sector are to blame for the prices are so expensive.

"Last year I went to a beach restaurant that I often visit and was surprised how expensive it had set. When I told the owner he told me that he had a bad season last year, which had been forced to increase prices. That seems a short-term solution. He will be forced to close because people can not afford those prices. "

But Evaristo and Sally Wolf, owner of the popular bar and restaurant in Palma Nova Mocuba think that more complicated factors and there were several reasons why prices have risen. "The cost of the property and therefore the rents are very high considering what's available. The employment tax laws and complicating us to open all year and it is difficult to recruit efficient and loyal. You spend an eternity teaching them to work and then disappear - that's the basic problem "says Evaristo. "Despite the low cost airlines, power holiday in high season can be expensive for the average family as prices soar room and in the service sector."

Another cost may be sightseeing, where prices can be excessive without even an alternative. An example Sa Calobra, once you have arrived, a beautiful place and worth a visit, there is only one restaurant and of course by the attraction of the same, the prices of food and drinks tend to be excessive. So if you plan a trip we recommend you bring a picnic to save money.

The alternative would be to book an "all inclusive", but as indicated Evaristo, "but the AI ​​looks cheap, offer no long-term solution, offering an image of the island as a destination vacation package and doing so prices rise elsewhere. The drivers lose customers, restaurants and stores do raise prices to withstand the pull. In the long run in tourists traveling on their own will choose to go to Eastern European countries since the prices become more affordable. "

One study indicates that home prices continued to rise in the Balearic Islands, an increase of 17 percent last year. It was the fourth most expensive region of Spain in the last quarter of 2006, followed by Madrid, the Basque Country and Catalonia. Moreover, a report in The Economist magazine noted in its overall index of house, situated in the Balearics in third place followed by Hong Kong World and South Africa in rising prices. Another study by the World placed the price of housing in 8.1 percent of GDP per capita, out of reach for most families, especially the half Mallorca. But real estate agents indicate that Mallorca is a very attractive price so they have a plus.

Lisa and Lee Fox who moved from Stanmore in the UK two years ago say that Mallorca is still profitable. "We save money on private schools, gasoline, shopping and eating out. Our extra is the tie, they are expensive, but are difficult to achieve with the result of high prices." A person who finds life face is Becky Martin who was raised on the island and has a job at a local company. "I can not compare prices with other European cities I've always lived in Mallorca, but I have no doubt that prices are still higher than the average salary compared to countries of the European continent." Costs have skyrocketed in the last ten years. My standard of living is acceptable as my partner and I work. Most of my friends are single women and indicate that once they have paid the rent, food, drink, fuel and other bills are paid, they have no any money. "

"There are few jobs for foreigners in the island that are well paid. Most of my friends work in yacht clubs and earn a good salary, but the nomadic life of the ships is not for everyone and if you are want to be on earth there is no decent wages. Buying a home can be a risk, and that Spanish banks may be more conservative than those in northern Europe. "my friends who are in nautical agree that saving money is difficult, but prefer to live here because there are more positives than negatives when it comes to live in such a beautiful island. My advice to people who live and work here is to know the island, its inhabitants and its shops. Compare and buy from a business in the hands of a native as they are cheaper than those that are run with a focus abroad. With a little knowledge and care of the money to those who receive a basic salary we can arrange for us to live well. "

What do you vote? a summary of views on where and prices exorbitant. Do you agree? Info@abc-mallorca.com send an email to express an opinion you want or add a comment on their experiences.

Affordable

Gasoline "A liter of gasoline costs 85.6 p in the UK, in Spain costs 0.92 euro cents - a big savings," Ian seller.

Car Rental

"Seven days of renting a car in the UK costs £ 130 (€ 192), here for just € 130." Simon, businessman.

Car Insurance

"I would say a new car is less than in the UK. Fancier cars are still cheaper in Belgium or Germany, but consider transport, which varies depending on which car you want to import and the year," Ian, seller.

1 Litre

"It costs a fortune in the UK about £ January 1 litreo 30c here." Lisa, a housewife.

Parking

"The car park is reasonably in Palma Palma airport at Heathrow Airport as it costs £ 62.65 (€ 92) for 7 days. Here I park for a month for only € 76" Tom, businessman.

The purchase staples.

"I think the purchase is reasonable but I think it is more affordable in the Peninsula. Find deals allows one to save money. The wine is cheaper than the UK or Germany." Rebecca, consultant.

Restaurants "This depends on the chosen restaurant. Portals is an expensive area, but the menu of the day is still a good option (€ 7-12). My family in the UK think that eating in restaurants is a bargain. It's great to know that only between 1 - € 2 you can have a coffee with milk. Inglaterarra pay £ 2. " Lisa, a housewife.

Hairdresser

"I think the property hairdressers are more profitable than those that are focused abroad. I can go to a salon more often than in the UK. Cut, dye and dried leaves me for € 67 in a hair salon in Portals. In London pay £ 90 for the same service. " Bin, editor.

Too Expensive

Plaza Mayor

"Avoid if you live here, the food is horrible and when you serve coffee a horrible water treatment and charge it" Judy, retired.

Golf

"You pay around € 80 for a day of shopping costs. The cost is similar in the UK so you do not save a fortune. But the weather is nicer." Rick, a frequent visitor to the UK.

Soller tunnel

"Crossing the tunnel costs 4 € each time. It is too much, especially for people who work there and not enjoy the discount of 3 € as Soller residents or people who just want to visit the enclave."