If you are looking for a great deal on property then buying a distressed real estate for sale in Pollensa could be the best option for you.
Looking for the right real estate for sale in Pollensa can be stressful and time consuming and trying to match that image you have in your mind with the places you are being shown on the real estate agent´s books can be a frustrating business.
This is especially true if you don´t actually live in Pollensa in the first place and you are trying to juggle a family holiday with house hunting and time is running out.
It may seem like you are never going to find the right real estate for sale in Pollensa. However, if you buy a distressed real estate for sale in Pollensa the first bonus is that it is typically a much faster process, so you can get on with enjoying your holiday.
Distressed real estate for sale in Pollensa also offers endless possibilities.
You are going to get a great house at a much lower rate, so if the distressed real estate for sale in Pollensa needs to be totally refurbished you can then proceed to convert it into that postcard picture home you have in your mind, the house you have dreamt of. The added bonus of buying distressed real estate for sale in Pollensa is that you will be getting such a good bargain than you will have a surplus of funds to reinvest into the reformation, and you won´t have to settle for anyone else´s idea of how a house should look.
Distressed real estate for sale in Pollensa can be bought at unusually good rates, and because Pollensa is so highly sought after and prices are typically much higher here than in other parts of the Spain, any bargain is a great investment.
Distressed real estate for sale in Pollensa is either under a foreclosure order due to mortgage defaults or for sale by mortgagees. The banks want to get them off their books so they pass them onto estate agents and list them at prices far below their real market value, sometimes lower even than the mortgages they are hoping to cover.
As you can imagine, competition is high and distressed real estate for sale in Pollensa comes and goes quickly, so you need to have a trustworthy real estate agent on your side to supply you with the latest information on deals.
Real estate for sale in Pollensa has become hard to find, especially if you are looking for a good deal. This is mainly because Pollensa is one of the most coveted areas to live and visit on the island, and though there has been a definite slump in house sales due to the crisis, prices for real estate for sale in Pollensa have remained resolutely high.
Pollensa is without doubt a wonderful place and visitors often come on a short holiday and find themselves dreaming of buying a home of their own.
The benefits of owning distressed real estate for sale in Pollensa are many.
You can visit whenever suits you for a start and don´t have to limit yourself to rental dates and availability or Saturday flights. You can stay as long as you like and change your plans on a whim, invite friends and family over to stay and most importantly you can enjoy a real holiday because you will be in your own home.
Pollensa is a small town on the north coast of Mallorca, some 6 km from the beach, on the Mediterranean Sea, but it is also a vibrant cosmopolitan hub which welcomes visitors from all over the globe and caters to a ever growing tourist industry. It is really a little bit of both, and as such the distressed real estate for sale in Pollensa reflects this.
Distressed real estate for sale in Pollensa ranges from tiny old fashioned townhouses in the village to majestic country estates surrounded by acres of land and views stretching out over mountain ranges to the sea.
And of course there is everything in between.
There is the magnificent Tramuntana mountain range which stays cool in the summer months, with luxury homes perched on the slopes, apartments and holiday homes on the beach and farms waiting to be reformed in the contryside. On the coast in Puerto Pollensa you can find penthouse apartments with roof top terraces and the beach at your footstep, and all the hills and countryside dotted with wonderful villas with pools and shady verandas. Distressed real estate for sale in Pollensa covers the whole spectrum but at a much lower price so affords you the possibility of buying a place away from home without having to give up your home.
Distressed real estate for sale in Pollensa is tough to find because it flies. The town is expensive in Spanish terms and has some truly magnificent properties for sale. It is without doubt a unique spot to buy a second home. It is ideally located in the north coast, a 45 minute drive to Mallorca's international airport, a cosmopolitan crowd, fine restaurants and cafes and a landscape which has a little of everything for everyone.
The banks are handing the distressed real estate for sale in Pollensa over to the real estate agents in town and the market is beginning to wake up again, so prices won´t stay low for long.
Buying distressed real estate for sale in Pollensa is a unique way to find a bargain and make a truly wise investment because you will be buying property at below its market value in a healthy climate. So if you are looking to find distressed real estate for sale in Pollensa to convert into a dream home or you are on the hunt for an investment deal to refurbish spectacularly and sell on in a couple of years, distressed real estate for sale in Pollensa offers you the ideal bargain buy you are looking for.
We can provide assistance and recommend legal professionals who can advise you throughout the whole process of buying and selling a property.
Please take a look at our buyers guide to consult all the key steps of the process.
If you want to sell your property, you are at the right place. At Solmallorca we have been working for 30 years in real estate. In these years we have gained vast experience and have become the most important and best-known estate agency in Pollença.