Property in Mallorca - What to look for when buying a property
Mallorca continues to be a prime destination for property buyers, whether for investment, a second home, or a full-time residence. The island’s property market has evolved, with new trends, buyer expectations, and opportunities emerging in 2025.
If you’re considering purchasing a home on the island, this checklist will help you navigate the key factors to consider before making your decision.
Choosing the Right Area when buying in Mallorca
Mallorca offers a variety of landscapes and settings, so choosing the right location depends on your lifestyle and needs. Whilst some may love the more rural locations like Calvia, other might want to be around a bustling village. Areas like Port d'Andratx and Puerto Pollensa offer stunning sea views and a vibrant marina lifestyle. Palma de Mallorca is ideal for those who want access to cosmopolitan amenities, international schools, and a dynamic cultural scene. Some areas that are tipped to be up and coming include Santa Catalina, Son Vida, and parts of the northeast. With more demand and strong investment potential areas in the north east are worth looking into.
What Suits Your Needs?
Before you buy, consider which type of property best suits your lifestyle and goals. Apartments are low maintenance and ideal if you are looking for a lock-and-leave. Villas are great for families and those seeking more space and privacy with traditional fincas providing a great family home or traquil retreat. New developments often come with energy-efficient features, while renovated homes maintain historic charm with modern updates.
Lifestyle & Amenities
Ensure your new property aligns with your lifestyle needs is something to consider. Proximity to the airport, bus stops, taxi ranks and main roads could play a big factor in the location you choose. If a property is 45 minutes away from the internation schools, yet you plan to move to Mallorca full time. This could be a factor of consideration.
If golf courses, yachting, hiking, or a beachfront lifestyle are priorities, check local amenities before buying.
Investment Potential & Market Trends
Understanding the current market landscape is crucial for those looking at property as an investment:
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Rental Yield Expectations: Tourist hotspots like Palma, Santa Ponsa, and Alcudia offer strong returns on short-term rentals.
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Market Trends: Sustainable homes and eco-conscious developments are growing in popularity.
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Resale Value: Properties in sought-after locations tend to hold value well, even during market fluctuations.
Viewing & Buying Process: What to Expect
Buying property in Mallorca is a structured process. Here are key steps:
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Initial Research & Viewings: Work with a reputable agent who understands your needs.
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Offer & Negotiation: Once you find the right property, your agent can guide you through price negotiations.
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Legal & Financial Due Diligence: Ensure all legal checks are completed before signing contracts.
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Finalising the Purchase: Once contracts are signed, and payments are made, you receive the keys to your new home!
Mallorca continues to be an exceptional destination for property buyers, whether for lifestyle or investment. With the right approach, you can find a property that meets your needs and aligns with the market’s latest trends.
If you’re ready to begin your property search or need expert advice, get in touch with us today to explore our exclusive listings!