property Archives - Lifestyle Building Solutions

Our island of Mallorca offers a sunny escape in the heart of the Mediterranean and over the years its popularity has not wavered. Whether you are a holidaymaker that loves the island or you are looking to buy here, there are properties catering for all budgets.

The island has some fabulous facilities with marinas attracting wealthy yacht owners and celebrities that love the relaxed pace and temperate climate. Most people have their favourite part of the island and buying property here is definitely a sound investment opportunity.

If 2020 is the year you realise your dreams and buy a property in Mallorca, then now is the perfect time to start looking. Start making a wish list of your wants and needs and also list things you are prepared to compromise on. It isn’t always budget effective to have a beach front or sea view property, that said there are superb properties to be had. What appeals to you the most: sun, sea and surf; pure nature; mountains and woods; village life; a cosmopolitan city or somewhere to sail from?

If you are in the market for a contemporary villa with superb facilities, then we have some exciting opportunities for you.

If you love the finer things in life then a chic apartment in Palma will suit you. With fine dining and shopping opportunities, this cosmopolitan city is high on the visitor list. The city offers many different kinds of area and property. The prestigious Old Town (Casc Antic) and Santa Catalina have arguably the most charming districts and architecture on offer. The area along the seafront, the Paseo Marítimo, is the natural home for the jet-set, with its luxury apartments, fast pace of life and proximity to the marina and Port.

Palma Nova is located in the municipality of Calvià and is a lovely seaside resort with a wide, shallow bay and three good beaches. The resort remains active all-year-round which makes it a popular choice for permanent residents. You can drive to Palma in 10-15 minutes and there are excellent amenities available for food shopping and healthcare.

Just a 15-minute taxi ride west from the capital, Palma, Portals Nous revolves around a band of satin-soft white sand that’s edged by tapas bars and cocktail hangouts. Orbiting the resort are a series of tennis clubs and Bendinat Golf Course, which is classed as one of Spain’s finest. Not far from the town centre, you’ll find Puerto Portals Marina. Superyachts dock here and Ferraris parked at the kerbs in this glitzy marina.

These are just a few examples of areas to look at when searching for your new home in Mallorca. Contact of one our team today to talk about which area would suit your lifestyle choices.

https://lifestyle-propertiesmallorca.com

Whatever is happening in the political and economical world right now, the good news for sellers is that house prices are increasing. If you are a buyer, now is definitely the time to commit to buy.

Average prices for both new build and second-hand homes in the Balearic and Canary Islands grew by 11.3% in November compared with the same month last year, according to Tinsa, one of the leading real estate valuation services.

House prices increased by an average of 3.7% across Spain as a whole last month, in line with the year-to-date increase of 3.8%. Only the island territories have seen an annual average increase of over 5% in 2019 confirming what we know, the Balearics are the perfect place to set up home or own a holiday home.

Average house prices in regional capitals and bigger cities in Spain have gone up by 4.6% and 2.5% respectively over the past year. The Mediterranean coast on the other hand has seen a year-on-year rise of only 0.3%, lower than that seen in smaller towns or “remaining municipalities” where prices have risen by 1.3% over the past 12 months.

Compared with figures published at the end of 2018, house prices across Spain have gone up by an average of 2.4%. Only the islands, regional capitals and big cities have shown above average increases, with rises of 6.2% and 3.6% respectively.

Since the house-price lows registered at the end of the recession, house prices in Spain have gone up by an average of 16.8%, with bigger leaps in the case of the Balearic and Canary Islands (+29.1%), regional capitals and big cities (+26.8%), Mediterranean coast (+15.8%) and metropolitan areas (+13.6%). In all other areas, the rise was much smaller (5.5%).

This shows that buying property here in Mallorca is an excellent investment opportunity. The draw of the island brings in international tourists and stars every year, all you have to do is choose your budget, area and type of property and we can help you find your dream home here in Mallorca.

Tag: property

Make 2020 the year you buy in Mallorca

House prices increase in November