ABINI ( Asociación Balear Inmobiliria Nacional e Internaticonal ) was officially founded in the beginning of 2020 with the main aim to create a professional and beneficial environment for real estate professionals focusing on the regional, national and international markets of the Balearic Islands.
The initial idea of creating such a platform was of two befriended real estate agencies who had already years ago the vision of founding a real estate association in order to account for the challenges the fast-moving industry has to face.
The real estate market together with the construction industry forms after the tourism sector the second strongest industry with a GDP of over 20% on the Balearic Islands.
Due to its economic importance to the autonomic region it is rather surprising that the real estate market has been an unregulated industry in the past. In consequence, the government has announced in 2020 the need of placing rules and regulations in order to control this industry by creating a certification program to secure a minimum standard.
It is one of ABINI’s primary objectives to promote standards of competent and ethical practice which will lead to increased credibility and expertise when working with customers on a B2B an B2C level. Therefore, ABINI supports the idea of the government of regulate the market and wishes to provide in depth information of the day to day requirements a professional real estate consultant needs to meet in order to provide a professional service to the customer.