Invest in Mallorca Property
Mallorca Property - Invest in your Future, invest in Mallorca.
Invest in Mallorca property market, 2015-2016.
The Mallorca property market has now, finally, bottomed out, optimism is high and real estate agents on the island are reporting sales increases of up to 40% on the year before.
Up until 2013, investing in Mallorca property was a risky decision. Prices were dropping, no one was buying and the country property market had plummeted. There was little hope for getting a return on your investment. Then in late 2014 the property market in Mallorca began to see signs of growing optimism and increased activity in property sales, with a renewed interest in buying second homes and residential properties. 2015 has seen this market trend continue.
Invest in Mallorca property in a stable market.
Enquiries and house visits are the first signs of optimism and the Mallorca property market has seen a marked increase in buyers looking to invest in Mallorca property. To invest in Mallorca property has always been the safest option in Spain however. Mainland property prices dropped between 40% and 70%, while Mallorca's homes, depending on location and market segment, only dropped between 15% and 30%, largely avoiding the full brunt of Spain's economic crash.
Invest in Mallorca property in an international holiday destination.
Mallorca's appeal has remained strong for a variety of reasons, not least because it has a powerful holiday draw and an international jet set which keeps the market moving. Mallorca property in top locations has continued to sell throughout specially in the south near Palma and on the north coast, around Pollensa.
These are not only the areas with best communications and airport access, but they are also at the foot of the mighty Serra de Tramuntana Mountains which cross the entire eastern coast of the island and provide an effective weather barrier as well as a fabulous backdrop to any property. Thus, the top areas to invest in Mallorca property also enjoy a milder climate, less rain and wonderful sea and mountain views.
As the property market now appears to have bottomed out, it is probably the best time to invest in Mallorca property. For more information on the north contact Puerto Pollensa property agents.
Invest in Mallorca luxury property.
Most agents agree that it is the top end of the market that is driving sales up with prices returning to within 10% of pre-crisis levels and a demand for luxury properties to invest in Mallorca.
Multi-million euro sales to international investors has kept the Mallorca property market buoyant and is fuelling the rise of both market optimism and activity.
Invest in Mallorca property on an island paradise.
Mallorca is undoubtedly one of the most stunning holiday islands in Mediterranean, and at a mere 2,5 hours from most major European airports, it is a short haul direct flight from home. Added to that is its fortunate climate, solid infrastructure, great road network and safe, crime free environment.
The peculiarities of Mallorca's geography and location have seen to it that the island differs wildly within a short 20 km range and has vast mountain ranges, saltpans, wetlands and plains, as well as sandy beaches and tiny coves, small villages and a vibrant and cosmopolitan capital city.
Invest in Mallorca property in the North.
Choosing where to invest in Mallorca property will perhaps be the most important decision you make. The location of your new Mallorca property will determine how good an investment it is.
Mallorca is on the whole a desirable place to live, invest and own a home, yet there are areas, like Magaluf, to be avoided and others like Puerto Pollensa, to be coveted. Other top locations to invest in Mallorca property are Palma, the island's capital, Andratx, Mallorca's most glossy corner, and the mountain villages of Deiá and Soller. But if you want countryside and sea, easy to drive to and not over crowded, the area around Puerto Pollensa and Formentor, in the north of Mallorca, is without doubt, the wisest area to invest in.
Invest in Mallorca property as a second residence or holiday home.
To invest in Mallorca property, either as a second home, holiday home or business venture can see important profits from very early on. The island's rental market is growing yearly with more and more visitors opting for the more exclusive option of a holiday rental in a private villa or townhouse as opposed to a sprawling hotel resort and opportunities to let your new property provides a passive income. To invest in Mallorca property can be hugely lucrative from the word go.
Invest in Mallorca property in a holiday hot spot.
Mallorca is, according to major tourism promoter, hotelbeds.com, still the number one tourist destination worldwide. Spain ranks high and Mallorca is its top player. Golden sandy beaches and wonderful weather draws tens of millions of visitors to the island every year. Hence, the local economy, albeit still in Spain, is relatively healthy and thus, crime is low. Mallorca is safe, sunny and great to live in and to invest in Mallorca property as a second home or a holiday rental is a sure fire way of making your money go furthest.