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October 7, 2023

Why you should buy property in Mallorca, what should you buy - and where?

What makes Mallorca so popular with people looking to invest in, or purchase for themselves, a property abroad?

What makes Mallorca so popular with people looking to invest in, or purchase for themselves, a property abroad?

The obvious one is the Balearic climate. Like its sister islands, Mallorca all year round enjoys year-round warmth, with an average temperature of around 18°C in the winter months and 31°C in the summer. If you are someone that dislikes the cold, rainy and cloudy days, Mallorca is the ideal place for you to buy a property whether it’s as a second, holiday home, or permanent residence.
Secondly, and probably most importantly of all, Mallorca’s long-term investment credentials are very strong. Its stable prices and annual appreciation values which tend to move between 9 and 14%.
As as an actual infrastructure, Mallorca is also very desirable. Excellent roads, airports, and transfer facilities and ports make it very straightforward to get around the island and connect with other parts of Europe and the Mediterranean. Mallorca airport has direct flights to most, if not all, major cities and in terms of leisure, as well as its own lively cultural pulse, the party island of Ibiza is just 45 minutes flight away – or a couple of hours sail on the ferry.
In terms of the actual properties available to you when thinking about buying a place in Mallorca, there is plenty to choose from to suit both preference and budgets. With a diverse range of properties available, from apartments to luxury villas with sea and mountain views, sometimes both, a well as both classic and modern design that suit different pockets and tastes.
And once you’ve made that move, The island has a rich history and culture to explore, with many historic sites and museums.
For sun worshippers and outdoor enthusiasts, Mallorca also boasts over 200 beaches, 23 golf courses, 2,000 km of cycling paths and 400 km of hiking trails.

Whereabouts are the best places in Mallorca to Buy Property?

The southwest of Mallorca boasts some of the most luxurious and exclusive parts of the island. The south west region is hugely popular for those seeking first or second homes because of its close location to capital city Palma and access to a wide range of leisure facilities and international education establishments. As well as a wide variety of holiday resorts, the area has some of the most famous marinas, including Port d’Andratx, Port Adriano, and Puerto Portals.

Types of Properties Available in Mallorca

Mallorca has a wide variety of properties available, from apartments to villas. Some of the types you can find on the South west of Mallorca are as follows:
Apartments: A popular choice for buyers on a budget, usually located in most areas of the island and suitable for those who are happy to be part of a community as well as close to amenities and nightlife.
Villas: These types of property are a better for those who want some space and privacy. Often located in the countryside or near the quieter coastal towns and villages.
Townhouses: These are a good option for those who want a combination of space and to be close to facilities. They are often located in larger towns and offer more living room than apartments.

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