The Engel & Völkers Residential Property Shop in Port d’Andratx is celebrating its 20th anniversary, and reports a successful financial year. “The consistently strong performance and top transactions of the Shop in Port d’Andratx play a key role in securing our position as market leader on Majorca. It is one of the ten most successful offices in the entire Engel & Völkers Group worldwide,” says Sven Odia, CEO of Engel & Völkers AG. In 1999, he acquired the very first licence for an Engel & Völkers Shop outside of Germany, on the Balearic Island, thereby laying the foundation stone for the current successful operations in Port d’Andratx. “The number of property sales here has almost tripled in the last seven years. In 2018, the average price for villas in Port d’Andratx levelled off at 4.5 million euros, making this port town one of the highest-priced locations on the island,” says Hans Lenz, Managing Director of Engel & Völkers Majorca Southwest. Together with his team of experienced and multilingual real estate agents, he secured the highest sales price at Engel & Völkers on Majorca in 2018: an estate sold for 30 million euros. This sale marks the continuation of a series of transactions in which the Residential Property Shop consistently achieves top prices of this kind in Port d’Andratx, year on year.