Let’s think for a moment - the European deposit security and Mallorca

Let’s think for a moment - the European deposit security and Mallorca properties

Deposit protection only guaranteed up to €100,000

In times of conflicts of global political magnitude, capital has to deal with the subject of banks and their deposit insurance. Politic promises security which should be considered rather carefully. In the event of bigger bank runs, banks won't be able to get the situation under control as easily as we would like to believe it.If we consult the world press on the subject, it should be clear “when we read it, it is too late to act. Diversify assets with different financial institutions and think about safe haven investing in real estate. Triple A locations not only offer value retention but also increase in value. The Southwest of Mallorca has: the highest demand - the highest retention of value - the highest performance and the highest resale value. 

*As we keep learning and in case we didn’t learn it the last time : “banks are all interconnected"

Source: Bloomberg