THE BEST FINANCE NEWS ON PAGES 14 - 17 Issue No. 1921 28 Apr - 4 May 2022
MORE HOUSING MORE public housing for Palma as on April 27 Balearic President Francina Armengol laid the foundation stone for a new project due to cost €1.6 million. This new apartment block will cover three floors and house 11 apartments to include seven with one bed‐ room (one on the ground floor adapted for someone with reduced mobility), one with two bedrooms and three with three bedrooms. Work is expected to last until May 2023 when the new tenants (which will include at least one young person) will be invited to take occupation and as there is so little affordable housing in the city there is expected to be a long list of potential tenants. Speaking at the event, President Armengol said that “in 2015 we set housing as a priority policy” and that “through different for‐ mulas” and “regulations, the housing law, which was a pioneer” has been able to increase the public housing stock in the Balearic Islands like never before. It is anticipated that b u i l d i n g c a n b e i n‐ creased when further money arrives from the EU Recovery Fund.
MALLORCA • WWW.EUROWEEKLYNEWS.COM
PALMA BOAT SHOW
MOLL VELL: The Palma International Boat Show is open.
IT’S all go at the Moll Vell in Palma, as the doors opened for the In‐ ternational Boat Show today, Thursday April 28 and runs until Sunday May 1. Despite all the prob‐ lems that have been en‐ countered with the pan‐ demic, at 276, there are actually six more partici‐ pating companies than attended the 2019 event and 49 more than last year, meaning a 21 per cent increased uptake. For those who may not have a few million euros to spare, there is no need to purchase a ves‐
sel and all who attend are welcome to enjoy the sight of no less than 264 boats at anchor. The vice‐president of the Balearic Govern‐ ment, Juan Pedro Yl‐ lanes said about the event that “sailing is a strategic sector for the industry and economy of the Balearic Islands. “The nautical sector is part of the strategy of economic diversification and the commitment to quality tourism, linked to an industrial sector with a turnover of around €840 million a year, generates more
than 4,500 jobs direct and has almost 650 com‐ panies.” One of the highlights of this show is the par‐ ticipation of new com‐ panies that have never taken part before and some 28 per cent of ex‐ hibitors are the first time they come to Pal‐ ma to show their nauti‐ cal offers. As this is the first nau‐ tical fair of the season, many shipyards have chosen Palma to present their new models and there is the added bonus of the Superyacht Vil‐ lage.
FREE • GRATIS
ROADS CLOSED IF you are thinking of taking a leisurely drive around Mal‐ lorca on Saturday, April 30 don’t forget that roads around the island will be closed for the Mallorca 312 bicycle race. Individual road closures are listed here: 6.30am to 7.30am: Playa de Muro to Soller 7.30am to 8.30am: Port de Pollença to Valldemossa 8.30am to 9.30am: Lluc to Andratx, Lluc to Santa Maria 9.30 am to 10.30am: Puig Major via Andratx to Cam‐ panet 10.30am to 11.30am: Soller via Andratx to Playa de Muro, Sa Pobla to Santa Margalida 11.30am to 12.30pm: Valldemossa via Andratx to Playa de Muro, Sa Pobla to Santa Margalida 12.30pm to 1.30pm: Banyalbufar via Andratx to Playa de Muro, Sa Pobla to Santa Margalida 1.30pm to 2.30pm: Capdella to Playa de Muro, Sa Pobla to Arta 2.30 pm to 3.30pm: Esporles to Playa de Muro, Sa Pobla to Arta, Arta to Playa de Muro. Closed on one side 3.30pm to 4.30pm: Santa Maria to Playa de Muro, Sa Pobla to Arta, Arta to Playa de Muro. Closed on one side 4.30pm to 5.30pm: Campanet to Playa de Muro, Sa Pobla to Arta, Arta to Playa de Muro. Closed on one side 5.30pm to 6.30pm: Santa Margalida to Arta, Arta to Playa de Muro closed on one side 6.30pm to 7.30pm: Manacor to Arta, Arta to Playa de Muro closed on one side 7.30 pm to 8.30pm: Arta to Playa de Muro closed on one side To learn more visit https://mallorca312.com/es/carreteras