1. News from Minkner & Partner

Minkner & Partner - Pto. Andratx office - presents:

Pto. Andratx, Cala Llamp - Top class, modern villa urbanisation directly overlooking the sea - REF. 8766-A

This luxurious and modern villa urbanisation is currently being built on a prime plot of land high above Cala Llamp and offers a breath taking, unobstructed view of the sea. It is one of the most spectacular construction projects in the Mediterranean: 41 minimalist architecture detached villas with an impressive interior design comprising spacious living and dining area with open plan designer kitchen, a master bedroom with en suite bathroom and dressing room plus a further two bedrooms both en suite, as well as open and covered terraces, private swimming pools and chill-out areas. In addition, all owners have access to an infinity pool with spacious sundeck, fitness area with saunas, indoor pool and jacuzzi.

Our sales agents in Pto. Andratx, led by Sales Manager Matthias Neumann, would be delighted to accompany you on a personal tour of this property: Minkner & Partner, branch. Pto. Andratx, harbour promenade Avda. Mateo Bosch, 8 - Tel. +34 971 671 250.

2. Mallorca – Construction/Investment; Economy; Finance; Law and Taxes

(1) Construction / Investment

Palma: A new project envisages connecting the district of El Terreno with the Paseo Marítimo by means of escalators and elevators

Palma's city council has presented an interesting project: The district of El Terreno is to be connected to the Paseo Marítimo by means of an escalator and lifts, so as to create easier access to the sea. The path is to lead from the Placa Remigia Caubet above Sa Quarentena park down to the Paseo Marítimo. The architects Joan Fortuny and Xavier Andreu have won a tender. Construction work is scheduled to commence in the first quarter of 2018. The costs are estimated at € 490,000.

Deia: "Deia Petit" - dispute over project with 21 single-family homes

The company Mar Capital is currently building a small residence in Deia with 21 detached houses "Deia Petit". The houses which vary in size, have natural stone facades, and blend in with landscape are due to be completed in 2019. The mayor explains that the residence complies with the building regulations and the aesthetic requirements of the community. However, its approval has been met with opposition from the Agrupació Deia party who “will take a close look at the project and if they find anything to stop the project, they will do it". This is going to be fun. That’s the way to alienate investors who have basically done everything right.

Ses Covetes: A tug of war regarding the polo field Sa Barralina

For 15 years polo tournaments have taken place on the site of Sa Barralina in Ses Covetes. The local authorities were in favour of the project to construct a polo field. The Green parties, however, have always been against such a thing and have evidently found sympathisers in the current left-wing government. Due to a lack of relevant licenses, the place was closed down. M & P - newsletter reported recently that the operating company had resubmitted the missing applications a few weeks ago. The basis for a possible subsequent approval is a law implemented by the previous conservative government, which allows the subsequent legalisation as part of an amnesty, if a fine is paid. The current closure has now become somewhat of a tug of war!

Palma - Son Busquets: 831 apartments are to be built on a former military site

M & P newsletter has often reported on the problems of those living in Palma being able to find affordable housing in the capital. We have repeatedly called for new ideas from politicians to tackle this problem (new construction of social housing, promotion of housing construction for young families, reduction of land acquisition and value added tax, that increases housing and home purchase by up to 13 % more expensive, etc.). A project in social housing is now being pushed: The former military site, Son Busquets, will be reclassified so that social housing, comprising a total of 871 apartments, can be built there. Half of the funds will come from the public sector; the other half will come from private investors. In the complex, a quarter of which will be landscaped, there will also be shops to cater for residents’ needs.

(2) Economy

Tourism I: Palma airport handled 2.9 million passengers in October

Once again in October Palma’s Son Sant Joan airport was able to report record figures. In October 2017, the airport handled almost 2.9 million passengers. That's 3.78 % more than last year. The number of flights (21,208) was 4.3 % higher than in the same month of the previous year. The 1,169,010 passengers came mainly from Germany; 585,583 were from the UK.

Tourism II: Palma's airport scores with new VIP lounge

Palma's Son Sant Joan Airport now has a new and improved VIP lounge in Terminal C departures. It has been upgraded at a cost of 2.5 million euros and is open daily from 6.00 am to 11.00 pm. 60 guests can be catered for in the VIP lounge. The entrance fee is € 28.70. The airport operator AENA announces that in October 2017 alone Palma handled 2.9 million passengers, which is why the demand for high quality rest areas with good catering has arisen.

Tourism III: In the winter season Palma’s airport expects an increase that will move into double figures

After an overwhelming summer season, Palma's Son Sant Joan Airport is also forecasting high growth for the winter season, which they expect will reach double figures. Palma has non-stop connections to 140 European cities during the off-season from November to March. 24 destinations are in the programme for the first time. There are 6.2 million seats available, which is 18.5 % (!) more than in the same period last year.

(3) Law, taxes, and finances

Questions about law, taxes and finance

Minkner & Partner has an extensive network of lawyers, tax consultants and financial experts, whom we recommend to readers of the M & P newsletter to solve specific case scenarios. We only include in our expert directory those with whom we have built up a long-term, trusting business relationship. You will find these experts on our website www.minkner.com under the heading Mallorca / Experts

3. Galería de Arte Minkner

The Lightness of the Stone "- The Sculptor Norbert Jäger

Egyptians, Greeks and Romans brought sculpture to great heights by sculpting gods and heroes from huge blocks of basalt, granite, and marble that would last for eternity. Armed with the knowledge of their sculptor colleagues of thousands of years earlier, the avant-garde sculptors of the twentieth century developed "free works". The sculptor not only left his mark, but became a passionate designer who, in his struggle with the material, gave his ideas free rein. One of the masters of his subject is the sculptor Norbert Jäger, who will be exhibiting his new works at the Galeria de Arte Minkner in Santa Ponsa until the end of October 2017.

Norbert Jäger completed an apprenticeship as a stone sculptor in Frankfurt and received several awards immediately after completing his training, including the Federal Prize for Sculptors. Consequently, Master's seminars, scholarships and periods of study in the USA, Australia and Greece, as well as individual and group exhibitions in Germany, Italy, Spain, Belgium, Korea, Turkey, USA, followed by lectures of symposia public institutions, companies and private collections at home and abroad were to follow.

With a hammer, chisel and angle grinder, Norbert Jäger tackles the stone blocks some of which are up to 3.50 metres high and several tons in weight. His favourite material is marble, as "it has the most interior life and character", but also the "Santanyi" stone of Mallorca yields to his will, his imagination, his creativity and his creative interpretation. Norbert Jäger creates sculptures with a high respect for the stone in dramatic proportions, breathtaking beauty, simple elegance and gives the viewer "the lightness of the stone"

Galeria de Arte Minkner - Avda. Rey Jaime I, 109 - 07180 Santa Ponsa, Tel. +34 971 695 255. Exhibition dates: 28.09.2017 - 31.12.2017 - Open: Mo. - Fr. 10.00h - 18.30h, Sa. 09.30h - 13.00h

HERMAN - "Gans schön sonnig" - new works by the popular pop artist
The artist HERMAN, one of the most important German pop artists, will be exhibiting his latest works from 1^st September 2017 ( A unique and limited editions) at Minkner & Partner in Llucmajor. Especially Hermans word - Painting games always enchant the viewers and of the pictures, that let them smile or reach them them deeply into the heart. Particularly attractive this time is the interplay of former Herman works (from the year 2002 and owned by the Galeria de Arte Minkner) with the currently "fresh" from his studio.

You can see the almost incredible development of the artist and the perseverance of the original Herman style. He himself has hardly changed (he says): a funny-spontaneous entertainer with a huge portion of self-irony.

A special highlight at Minkner & Partner is Llucmajor Herman's KissingBooth the most affectionate Selfiepoint on Mallorca.

Minkner & Partner - Ronda Migjorn, 145 B - 07620 Llucmajor, Tel. +34 971 66 29 29

Exhibition dates: 01.09.2017 - 31.12.2017 - Open: Mo. - Fr. 10.00h - 18.30h, Sa. 09.30h - 13.00h

4. EVENTS AND TIPPS

26^th November 2017, exquisite jazz with the Manfred Kullmann trio at the cultural finca Son Baulo

Time, and again, and always with great success, the Manfred Kullmann Trio plays exquisite jazz in the cultural finca Son Baulo. Each tone is clear and perfectly timed, and without showmanship. Manfred Kullmann transfers images into his world of sound, which then grow into his compositional creativity and association. There are no limits to his playing technique. A nobility of jazz. 26.11.2017, exquisite jazz with the Manfred Kullmann trio at the cultural finca Son Baulo in Lloret de Vistalegre. 11.00 h Brunch € 22, 13.00 h Concert € 18, reservations +34 971 524 206, www.son-baulo.com

30^th November 2017, the Rotary Club Palma will present a charity concert of in the Colegio San Cayetano, Palma

The Rotary Club Palma Junípero Serra is organising a charity concert against polio on 30^th Nov. 2017 at the Colegio San Cayetano in Palma. Beneficiary is the Fundación Rotaria, that supports among other causes a world without polio. Contributing artists include soprano Inma Delgado, tenor Antoni Lliteres and pianist Valentin Moldovan. 30.11.2017 Benefit concert of the Rotary Club Palma in the Colegio San Cayetano, Palma, Avinguda Picasso, 21, tickets 20 €, presale C & A and www.inselradio.com

2^nd December 2017, JoyRon Foundation invites you to "Carols by Candlelight", Palma, sponsored by Minkner & Partner

On 2^nd December 2017, the JoyRon Foundation invites you to a Christmas celebration for the whole family in "The Boathouse" in Palma - opposite the auditorium. Two school choirs (Baleares International College School Choir and The Lycée Francais School Choir), as well as actors and dancers, Santa Claus, games and dance, sweets and drinks all awaits guests of all ages. 02.12.2017, 16.00 h - 20.30 h, JoyRon Christmas party "Carols by Candlelight, The Boathouse Palma, Paseo Maritimo - opposite auditorium, admission € 5, children under 12 free. Information and registration info@joyronfoundation.org. Information about the charitable JoyRon Foundation under www.joyronfoundation.org

3^rd December 2017, Macia Batle and Mallorca Magazin invite you to "Matinee der Fünf Sinne",

(matinée of the five senses) Santa Maria

The Bodega Macia Batle and Mallorca Magazin invite you to a "Matinee der Fünf Sinne" on 3rd December 2017 at the popular winery in Santa Maria. The bodega will present five of its wines: A young white wine and a rosé wine from 2017, a white wine matured in oak barrels and a red crianza. In addition, a reserva from the private edition of Macia Batle will also be presented. There will also be small tapas. This is accompanied with music by Rossini, Gounod, Faure and Mendelssohn by the artists Maia Planas (soprano), Xavier Mendoza (baritone) and David Mohedano (piano). "Matinee der Fünf Sinne", 03.12.2017, 12.00 h, free admission, registrations 9.30 h - 14.00 h, Tel. +34 971 919 313, Bodegas Macia Batle, Cami Coanegra, Santa Maria del Cami.

24^th November 2017 – 7^th January 2018, Christmas markets in Mallorca

Exhibition Centre Santa Ponsa, Castell Miquel Alaro, Pueblo Español Palma, Porto Portals

25.11.2017 - 17.12.2017 Christmas market Santa Ponsa at the exhibition centre (entrance to town)

01.12.2017 - 03.12.2017 Mercadillo in Alaro, Christmas market at the Castell Miquel winery

01.12.2017 - 10.12.2017 Christmas market in Palma, Pueblo Español

15.12.2017 - 07.01.2018 Christmas Market in Porto Portals

5. EDITION NOTICE

The "Newsletter of Minkner & Partner S.L." is published fortnightly. As a client of Minkner & Partner PROFI KONZEPT S.L. you receive it via E-Mail. Responsible in terms of Press Law is Dipl. Jur., Ass. jur. Lutz Minkner, c/o Minkner & Partner S.L., Avda. Rey Jaime, I, 109 – 07180 Santa Ponsa, Phone: +34 971 695 255, info@minkner.com, www.minkner.org.

OFICINA CENTRAL SANTA PONSA Avenida Rey Jaime I, 109 Tel: +34 971 695 255 Fax: +34 971 695 695