 In 1301, King James II of Majorca decreed the establishment of a public center of commerce in Menorca, and the bustling open-air marketplace remains a principal attraction of the island to this day.Mercadal is dominated by Mount Toro (El Toro), the highest point on the island.In mid-July, Mercadal is the site of traditional Menorcan festivities dedicated to the Roman Catholic saint Martin (Sant Martí).