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Boat Market in the Balearics on the Rise

Things are looking up in Mallorca and Ibiza

featured in News & reviews Author Ana Hernández, Mallorca Editor Updated

After a few years of struggle, the Balearics boat market is picking up. So far, this year has seen an average growth of 23.3% compared to 2014, making this region the undisputed leader in Spain.

However, experts point out that the increase is concentrated in jet skis and 8 to 16 metre long motorboats, mainly aimed at the charter business.

In fact, the boat hiring sector, which in 2014 reached a historical record, is still growing strong with a 39.4% rise this year.

To find out more about sailing around the Balearics, read our insider's guide on sailing in Mallorca.