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

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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″.

PEARL