Spain and the Balearic Islands are set to welcome another prosperous yacht charter season in 2016, with the favourable taxation changes made in 2014 continuing to draw more superyachts for charter to this stunning and vibrant region.
Since 2014 there has been a spike in visiting yacht numbers as it became possible for certain yachts to apply for an exemption from matriculation tax, which made it more attractive to apply for a Spanish charter licence. 2016 is shaping up to be an excellent yacht charter season across the Mediterranean, and the Balearic Islands are no different, predicting a great summer ahead for yacht charters.
The Balearic region is a spectacular cruising ground, offering sunny skies, staggering scenery, and crystal-clear seas – the components of an unforgettable yacht charter. Each of the islands has its own unique charm: from Palma’s bustling old town and soaring gothic cathedral under the palms on Mallorca, to the exclusive party scene of Ibiza, and the sugar-white beaches and nature reserves of Formentera.
When in Mallorca, you might want to anchor in a secluded bay and take a trip into the mountains, where the Puig de Maria, an isolated monastery, serves delicious local lamb in a rustic restaurant. You might explore the fragrant citrus groves and sleepy medieval villages of the interior, before returning to your yacht to cruise to the quiet island of Menorca, where olive groves and sparkling seas await.
The Balearic Islands are truly spectacular, but that’s not all this region has to offer the yacht charterer. Barcelona, as the gateway to the Balearics, is cementing its name as a regional superyacht hub, with Port Vell offering luxurious downtown berths in a city that is famous for its phenomenal art, architecture and restaurant scene.
The Balearics are enjoying a surge in popularity as yacht charterers rediscover the extraordinary appeal of this sun-bathed archipelago. However, with a changing tax landscape and many intricacies within the rules, it’s vital for any yacht owner wishing to charter their yacht in Spanish waters to obtain professional advice from a reputable and well-informed yachting company. If you want to know more about chartering a yacht in the Balearics, contact Fraser Yachts, the world’s leading luxury yacht brokerage.