Pexels, Picture by Andreas Geissler. Space photograph of Cala Torta
The Balearic Government has acquired four emblematic estates in Mallorca’s Llevant region from the Kuwaiti royal family.
This €3.4 million purchase will expand the Llevant Park, ensuring the protection of these pristine natural spaces.
The Government of the Balearic Islands has acquired four emblematic estates in the Llevant region of Mallorca from the Kuwaiti royal family: Son Jaumell, Cala Torta, Cala Mitjana, and Es Pins Campaners. The €3.4 million transaction, completed last week, will allow for the expansion of the Llevant Park, enhancing the protection of these natural spaces. These properties, initially purchased in the 1960s by Mubarak Abdul Azif Al Hassawi, were protected under the Natural Spaces Law, which prevented urbanisation.
The Son Jaumell, Cala Torta, and Es Pins Campaners estates, some of the last untouched areas in the Llevant region, are now public property. The Government signed the sale with Cala Cristal SL, owned by Fawziah Al Hassawi, who is related to the Emir of Kuwait. The Government Council agreed to the purchase in February, with the deal, valued at €3.4 million, being finalised recently.
Fawziah Al Hassawi is the daughter of Mubarak Abdul Azif Al Hassawi, a Kuwaiti millionaire with one of the largest residential and commercial complexes in Kuwait. He also owns properties and hotels in Bahrain, the UAE, Saudi Arabia, and Lebanon. His investments have expanded to Spain, particularly in Mallorca and Madrid, as well as in France, the UK, Germany, and the US. Mubarak started investing in Mallorca in the 1960s.
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