Puerto Pollensa housing market
Housing market in Puerto Pollensa - Mallorca's prime location.
Why is Puerto Pollensa housing in such a great location?
Puerto Pollensa, in the north of Mallorca, is a prime house buying location for a number of reasons.
First of all there is the CLIMATE. It boasts 300 days of sunshine a year, long hot summers and short mild winters, and is best of all in spring and autumn when least busy and yet still delightfully warm.
Secondly is Puerto Pollensa's prime LOCATION. The town is tucked into the bay of Pollensa on the northeastern coast of Mallorca, between mountains and sea, with 2 golf courses in the vicinity, the Royal Yacht Club and marina in the bay and under an hour's drive from Palma de Mallorca and the airport.
Thirdly, due to increased restrictions, European standards have been implemented in building and the QUALITY and craftmanship of housing in Puerto Pollensa is far superior to what it was. The Puerto Pollensa housing market is seeing more and more excellent builds for sale in the area.
The Puerto Pollensa housing market is looking up!
The Puerto Pollensa housing market is beginning to look stable, house prices are no longer dropping, price levels are steadying and the outlook for the Puerto Pollensa housing market this coming year is optimistic.
Moreover, there has been a marked increase in activity and optimism in the Puerto Pollensa housing market, more house viewings and enquiries, and sales in some areas in Puerto Pollensa have doubled.
Since 2008 when the economic crisis hit Spain hard, home owners were forced to adjust house prices by an average of 15-30% depending on the area. But not so in Puerto Pollensa. Here, the housing market never hit those levels. Partly geographical, and thanks to a large extent to the strong presence of foreign residents, property in Puerto Pollensa has continued to change hands throughout the crisis.
Puerto Pollensa housing market - The time is now!
HOUSING PRICES IN PUERTO POLLENSA ARE AT AN ALL TIME LOW AND NOW BEGINNING TO RISE!
If you are in the market for a second home in Puerto Pollensa or thinking about moving to the island altogether then this is your chance to purchase a house at an all time low before prices begin to creep up again and supply tightens.
The island´s limited geographical space and tough building laws combine to create the perfect climate for rising housing prices and the Puerto Pollensa housing market is living a particularly auspicious moment, because it has not been saturated and there are still fine homes for sale, while being a highly sought after area.
Opportunities are probably as good as they will ever be.
Puerto Pollensa housing market - Trusted real estate agency.
Choosing the right location is key to making a good investment in the Puerto Pollensa housing market and a thorough understanding of the different areas of Puerto Pollensa and the north of Mallorca, the idiosyncrasies of its various corners, varying popularity and accessibility will help you make an informed choice of where to concentrate your house hunting energy.
The Puerto Pollensa housing market can be tricky to navigate alone. Enlisting the help of a professional team of estate agents will ensure you do not make expensive mistakes and find the right house in the right location that suits you best.
Puerto Pollensa housing market - Location.
The Tramuntana Mountains range shields the town of Puerto Pollensa from more extreme weather from the north giving Puerto Pollensa it´s delightful climate, while the villages nestled into its rocky cliffs are cooler and more humid than in the planes. In the foothills of the mountains overlooking the vast horse shoe shaped Bay of Pollensa you get the perfect balance; mild winters, low rainfall and the benefits of their shade in the scorching summer heat.
Puerto Pollensa housing market - Near the beach and near the airport.
In this magical corner in the north of the island you are also never far from the sea. If you aren't literally on the beach of Puerto Pollensa you will never be more than a few kms from the coast. A 10 minute drive will see you to unspoiled coves and golden sandy beaches north of Puerto Pollensa or to the golden sandy beaches of Alcudia and Playa de Muro.
Conveniently tucked away on the remote northern coast of Mallorca, Palma city and the airport are under an hour´s drive away and the modernised roads and motorways connect Puerto Pollensa with the rest of the island.
Puerto Pollensa housing market - See our portfolio.
The Puerto Pollensa area is largely protected natural reserve, wetlands, mountains and sea. Property in Puerto Pollensa is confined to the town itself, the Pine walk and the beachfront on the road to Alcudia, the luxury residential areas like Belleresguard, Gotmar, Llenaire and Pinaret, and the countryside between Puerto Pollensa and Pollensa old town.
Puerto Pollensa´s broad appeal amongst discerning house buyers coupled with local authorities´ ever tightening planning laws and restrictions means that the Puerto Pollensa housing market is seeing property prices bottoming out yet is finding demand is outstripping supply.
The Puerto Pollensa housing market does have the properties however, but sales move fast and it is essential you have a clear idea of what you are looking for and a professional team behind you.