The Fangar estate is back on the market at a price more than six times higher than 25 years ago

It returns to the real estate market for 87 million euros

Sebastià Vanrell

The Fangar estate in Son Macià (1,000 hectares in the Manacor area, next to the municipality of Felanitx) has gone back on the market for a slightly lower price than a few years ago. "The most expensive mansion in Mallorca," as several European media outlets have called it these days, is returning to the real estate market for 87 million euros (around 100 million dollars). It's worth remembering that the estate still belongs to the German industrialist Peter Eisenmann, who bought it for just over 13 million euros in 2001 from the Bonnín-Armstrong family. After renovations, the planting of vineyards, and the creation of his own winery (which he had to build off the property, initially attempting unsuccessfully to locate it in the Manacor industrial park), and controversies surrounding the closure of several public roads crossing the estate and passing in front of the houses, financial difficulties led to his sale. Downward

In 2020, Eisenmann put Es Fangar up for sale for €100 million, at €100,000 per hectare. This estate, dedicated to organic farming with wine production, breeding purebred horses, and organizing equestrian championships, occupies more than 0.27% of the island's surface area, covering over 1,000 hectares. The former president of the Eisenmann SE group, dedicated to the engineering industry, went bankrupt after rejecting acquisition offers from a Chinese group. The estate also has a helipad. Finally, in 2019, a winery was inaugurated in Felanitx, with an investment of €8 million, to market the organic wine produced from his vineyards. A 7,500 square meter space, 48 tanks with a capacity of 12,000 liters of red wine and a 20,000-liter tank for blending, as well as oak barrels, mostly French.

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Now, reputable media outlets such Le Figaro, Architectural Digest either Mansionglobal They point out that the real estate agency John Taylor has once again put the most expensive house in Mallorca on the luxury market, with a price exceeding that of the mansion. Villa Solitaire of Son Vida (€39 million) or Sa Fortaleza de Pollença (sold for €63 million to Norwegian magnate Ivar Tollefsen).

The future of Fangar and its tourism potential, with the inclusion of services such as luxury weddings, equestrian events, and ecotourism, suggests that the estate could become one of the most exclusive and attractive destinations in Europe. A prime example of how Mallorca's historical heritage succumbs to the pressures of the global luxury market.