What specific industries in Mallorca attracted foreign capital during that time?

Mallorca has long been a magnet for foreign investment, especially in industries that capitalized on its natural beauty and cultural appeal. Tourism is undoubtedly one of the most significant sectors drawing foreign capital, particularly since the mid-20th century. The island's stunning beaches, mild climate, and rich history have made it a prime destination for travelers from across Europe and beyond. Investments have flowed into hotels, restaurants, and leisure facilities, transforming the island into a vibrant hub for tourists seeking both relaxation and adventure.

In addition to tourism, the real estate market has seen considerable foreign interest, particularly in the luxury segment. Buyers from various countries have invested in holiday homes and villas, helping to drive up property values and enhance the island's appeal as a second-home destination. This influx of capital has led to the development of exclusive residential communities and the revitalization of certain areas, making them more attractive to both tourists and locals alike.

Agriculture has also attracted foreign investment, particularly in the production of high-quality local products like olive oil and wine. The island's unique climate and terrain lend themselves to the cultivation of distinctive varieties that appeal to international markets. As a result, foreign investors have partnered with local producers to enhance the quality and distribution of these products, reinforcing Mallorca's reputation for culinary excellence. Overall, these industries have not only enriched the local economy but have also helped preserve the island’s cultural heritage and natural environment, creating a harmonious blend of tradition and modernity.