Four Seasons luxury villas to be built next to the Hotel Formentor

Land became available as a result of the redevelopment

The redeveloped Hotel Formentor finally opened in August.

Andrew EdePollensa24/10/2024 08:37

Emin Capital, who acquired the Hotel Formentor in 2020, and the Canadian Four Seasons group, who manage the hotel, are to build nine luxury villas on land that has become available as a result of the redevelopment.

These villas, prices for which have yet to be revealed, will be between 250 and 600 square metres and will be 'branded residences'. This is a luxury housing model under high-end hotel companies' names and which offers services and levels of comfort akin to those of luxury hotels.

Prices for branded residences are very high. Four Seasons, a pioneer of the concept, have a project in Madrid - 22 apartments priced at up to eleven million euros.

A different hotel group, Mandarin Oriental, has 34 branded residences in Barcelona. A 650-square-metre duplex penthouse sold for 40 million euros.

The Hotel Formentor will close for the season on November 15 and reopen on March 15 in 2025. The average price of a room per night is 1,200 euros. The commercial strategy pays particular attention to a high-spending North American clientele.

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2 comments

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Berlingo | 5 months ago

I really would like someone to explain how by ripping down the old hotel and leaving a wall they have squared the possibility to build all these chalets and what happened to all that garbage they threw over the cliff we don’t hear anymore about that ?

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Chris | 5 months ago

Just what Formentor needs, a sprawling village of high end villas radiating out from this already huge hotel. Is this approved by council, or is it still just an idea from 4 Seasons? They say nine now, but you can be sure if these nine are approved the next stage will be an extra 20 .......and so step by step the sprawl on this pristine part of the island takes over.