United’s New York flight said to have led to a 300% increase in luxury property sales

Passengers on the inaugural United Airlines flight to Palma, Mallorca

The United Airlines service will restart in April next year. | Archive


According to the CEO of Berkshire Hathaway Home Services Nova Mallorca, Jorge Forteza, the successful launch this summer of the United Airlines direct route from Newark-New York to Palma, has resulted in growing American interest to buy properties in Mallorca. “We have experienced an increase of up to 425% in respect of visits to our properties by clients from the United States. The flight is a success for us.”

He adds that Mallorca is “an exceptional place in which to establish a second residence and, in some cases, a main residence”. Clients from the US “are in a favourable position given the parity between the dollar and the euro”. The United service “is an opportunity for the luxury real estate market, as sales have risen by around 300% in 2022″.