By Humphrey Carter

PALMA
GLOBAL interest is snowballing in the one hundred million euro property which recently came onto the market in the Port of Pollensa.
The British-owned La Forteleza, as reported by the Bulletin last Sunday, is up for sale for at least 79 million pounds and the sale is now being handled by two leading estate agents, Engel and Völkers's private Office in Mayfair, London and Kühn & Partner in Majorca.

It is claimed that there are only an estimated 1'000 potential buyers wealthy enough to purchase the unique property in the world and the secluded and sprawling fortress has been attracting a great deal of interest in the international media over the past week.

According to the Spanish financial newspaper Expansion, a group of London-based investors are interested in the property which was built in 1628 to protect Majorca from being attacked by pirates.

Not only is it one of the most spectacular properties on the international property market right now, it is also one of the most expensive in the world.

In the United States, the most expensive property on the current market, according to Forbes magazine, is a 106 million Europe mansion in California and La Fortaleza may eventually be sold for more than that with Kühn & Partner having valued the property at 125 million euros.

However, here in Europe, the most expensive is a property near Ascot which is on the market for 115 million euros but, according to the Sunday Times, Lakshmi Mittal, the son of the Indian billionaire, has had a 200 million pound (245 million euro) offer turned down for a regal property in Kensington which is owned by the property developer Jon Hunt.

The eight house property with its two swimming pools, helicopter landing pad, maximum security and privacy, rolling Mediterranean garden and impressive architecture will also set a new property transaction record here in Spain if the current British owner sells the property for over the 90 million euros a stately home in Granada was sold for earlier this year.

The future of La Fortaleza has been much debated in the past.
There was once talk of the property being bought by the Spanish government and turned into a new summer residence for the Spanish royal family.
However, the sale is being handled with the maximum level of discretion.