Less than a three hour flight away from mainland Europe lays one of the most popular and largest of the Spain’s Balearic Islands – Mallorca. Mallorca offers it visitors a very diverse experience which some would say has been its unique selling point for over six decades. It combines the attraction of luxury hotels with peaceful mountain retreats, shopping in local markets with upmarket designer boutiques, local tapas bars with world class Michelin-starred restaurants. Mallorca is truly an island of contrasts offering something for everyone.
Mallorca offers its visitors the delights of three very cosmopolitan cities Palma (the capital of the island), Inca and Manacor. Each of these cities offers heritage sites with impressive medieval architecture, superb shopping, a wide variety of restaurants, bars and cafes, and nightlife. In contrast the beach resorts of Magaluf, Cala d’Or, Alcudia and Ponsa appeal to a wide cross section of holidaymakers and families looking to enjoy days chilling out on white sandy beaches and bathing in turquoise waters. And not forgetting the stunning scenery afforded by Valldemossa, Sóller, and the mountainous region of Serra de Tramuntana and Cap Formentor, and the peaceful tranquillity of traditional fishing villages/towns such Porto Colom and Andratx. Puerto Portals is now the chosen destination for the rich and famous mooring their luxurious yachts in the marina.
The weather in Mallorca is also a major attraction to both tourists and those who wish to reside on this beautiful island. More than 300 days of sunshine in which to enjoy the islands 500km of coastline and over 200 beaches is undoubtedly food for the soul. Even during the Autumn/Winter months when temperatures cool down, it is still warm enough to enjoy activities outdoors without being wrapped in layers of clothing!
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These and many other factors have made Mallorca a year round tourist destination and extremely attractive to those who wish to move abroad for a life in the sun, enjoy their retirement on the island or for those looking to invest in properties for sale Mallorca. In fact the property market in Mallorca is booming, and during 2017 market reports indicate that the increased demand for property for sale in Mallorca is making a real impact on the island for the first time in many years. Analysts recorded that the largest price increase was felt in the north-east region at 15%, with the average square metre price rising from € 3,530 in the previous year to € 4,070 in 2017. The south-west region of the island continues to be the most expensive place for buying property in Mallorca with the average square metre price rising from € 5,150 to € 5,800 which is an increase of 13% compared to 2016. As the most favourably priced region with an average price per square metre of € 3,070, the centre of Mallorca overtook the southern region as offering the best entry prices for those looking to buy properties in Mallorca for sale.
According to market research the main reason for this increase in prices for properties for sale Mallorca is the desire to purchase a property in Mallorca for sale with a sea view – hence why properties in the central region are now the most competitively priced. It was found that an average surcharge for a coveted sea view was approximately 30%. This is compounded by the fact that due to strict Spanish legislation for coastal protection and restrictive building regulations in the Balearic Islands, properties for sale Mallorca on the
sea line are limited and so have become more desirable. These premium locations can almost double the value of a Mallorca property for sale, depending on the region.
The Mallorcan property market offers a wide range of properties to suit all budgets and tastes from beach house Mallorca for sale ideal as a family holiday home or rental income, to Mallorca fincas for sale for those who prefer a more traditional property or the challenge of a restoration project, Mallorca flats for sale, and for the higher end property investor the highly sought after luxury villas for sale Mallorca. Estate agents based on Mallorca will be best placed to guide you through the many options for properties for sale in Mallorca and even land for sale in Mallorca, Spain.
Whilst it is tempting to search only for properties for sale Mallorca through websites, we highly recommend that you employ the services of a Mallorcan estate agent, referred to as ‘Immobiliarias’. A good estate agent will have first-hand experience of Mallorca homes for sale and will have an ear to the ground to the best property in Mallorca for sale both on the market, and coming onto the market to get you ahead of the game. They will also be able to recommend services that you may require in your property purchase and after wards such as lawyers, notaries, registry offices, banks, utility providers, insurance companies etc.
The process of buying Mallorca property for sale is quite complex and different to anywhere in Europe and a good estate agent will guide you smoothly through these nuances. For example, the requirement to hold an NIE number which is an identity card for those that are non-Spanish resident and will be your Spanish tax number and allow you to open a Spanish bank account which is required to complete your purchase of a Mallorcan property for sale. The legal complexities of the private contract known as the Arras which is drawn up by lawyers upon agreement by the vendor of your offer to buy a property for sale in Mallorca, and the possible requirement for a reservation contract to enable your chosen Mallorca property for sale to be taken off the market. And once due diligence has been legally completed the completion of the sale of your chosen home for sale in Mallorca by a local notary recorded in a notarial deed. They will also make you aware of all taxes and fees that need to be paid for the sale to be fully competed and for you to move into your perfect Mallorca villa for sale, villa for sale Mallorca luxury, 2 bed for sale in Mallorca etc. that you have chosen.
When choosing your Mallorca estate agent please be aware that only minimal regulations are applied by the government to the conduct of estate agents in Spain and therefore you need to choose carefully. Do careful research and select a well-known estate agent based n Mallorca that is trustworthy and has a very good reputation. Agree all fees and commission in advance as whatever property for sale Mallorca you choose Balearic law states that all fees and taxes should only be on the cost of the property.
MALLORCA ESTATE AGENTS
WARTH & PROPERTIES
Cami de Son Rapinya 40, 07013 Palma de Mallorca
Tel. 0034 971 790 701
MALLORCA REAL ESTATE
C/ Illes Balears, 14, 2, Poligono Son Bugadelles, 07180 Santa Ponsa
Tel: 0034971 71 21 65
KÜHN & PARTNER
Calle Poble Espanyol, 07014 Palma.
Tel: 971 228 020
KENSINGTON FINEST PROPERTIES MALLORCA
Calle Porto Pi 8 – 8 c, 07015 Palma de Mallorca.
Tel: 971 700 764
HOME FINDER MALLORCA
Calle de Sant Magín, 76, 2
Palma de Mallorca, 07013
Tel: (+34) 971 098986
ENGEL & VOLKERS
Paseo del Borne 8, 07012 Palma.
Tel: 971 214 140
GRUPO MALLORCA SELECT
Calle vista Alegre 6, 07015 Palma de Mallorca.
Tel: 971 703 289
Tous i Maroto, 8, 07001 Palma de Mallorca.
Tel: 871 711 963
KSA INMOBILIARIA MALLORCA
Avenida Joan Miro 348, San Agustin.
Tel: 971 227 810
Calle Julia Bujosa Sans Batle 6, 07184 Calvia. Mallorca.
Tel: 971 670 300 Mobile 639 830 526
Calle Maioris 37, 07609 Llucmajor, Mallorca.
Tel: 971 748 262
45, 07181 Portals Nous, (Mallorca).
Tel: 971 676 515
MINKNER & PARTNER
Avenida Rey Jaime I, 109, 07180 Santa Ponsa, Mallorca.
Tel: 971 695 255
SAVILLS MALLORCA, MJC ASSOCIATES
Calle Convent des Caputxins 4B-1ºD, 07002, Palma de Mallorca.
Tel: 971 579 957
Gran Via 22, 07182 El Toro, Mallorca.
Tel: 971 237 145
B & M INMOBILIARIA
Carretera Andratx 43, 07181 Portals Nous. Mallorca.
Tel: 971 676 592
ENGEL & VOLKERS
Calle Isaac Peral 50, Puerto de Andratx, Mallorca.
Tel: 971 672 650
REAL HOMES MALLORCA
Carretera Andratx 35, Portals Nous, Mallorca.
Tel: 971 676 484
Calle Isaac Peral 38, 07157 Puerto Andratx.
Tel: 971 100 700
Avenida Rey Jaime 1. Santa Ponsa, and Carrer Andratx 30, Portals Nous, Calvia, Mallorca.
Tel: 971 692 434
Calle Pinada 5, 07181 Magaluf.
Tel: 971 681 053
Paseo Maritimo, 9, 07014 Palma de Mallorca.
Tel: 971 450 422
UNIQUE MALLORCA REAL ESTATE S.L.
Carrer de Gran Via, 43, El Toro.
Tel: 660 158 196
Casas 17 Plaza Bendinat, 07181 Bendinat, Mallorca.
Tel: 971 707 102
Tel: 971 696 502
Avda Del Golf 9/103, Olimpo, 07180 Santa Ponsa, Majorca.
Tel: 971 690 359
Calle Bellavista 116, 07183 Costa de la Calma, Mallorca.
Tel: 971 695 688
KENSINGTON FINEST PROPERTIES
Calle Isaac Peral 49, Local 3, 07157 Puerto de Andratx (Mallorca).
Tel: 971 673 934
Avinida Tomas Blanes 41, 07181 Costa D’en Blanes, Mallorca.
Tel: 971 679 445
Passeig d’es Port 50, 07691 Porto Petro, Majorca.
Tel: 971 643 767 /666 145 777
Ronda Carles V 56, 07620 Llucmajor, Mallorca.
Tel: 971 662 402
Carrer Mar i Estany, 1 local-A, 07400 Puerto de Alcudia.
Tel: 971 545 411
Paseo Anglada Camarasa 65, 07470 Pollensa, Mallorca.
Tel: 971 866 615
PREMIER MALLORCAN PROPERTIES
Edificio Llum de Mar, Calle Medico Llopis, 07470 Puerto Pollensa, Mallorca.
Tel: 971 866 384
Calle Teodor Canet, 18A, 07400 Port d’Alcudia (Mallorca).
Tel: 971 548 041
INMOBILIARIA CALA D’OR
Plaza Ibiza, 07660 Cala d’Or.
Tel: 971 659 200