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The real estate market in Mallorca

19 March, 2014 I ,
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811174_30180005Mallorca has a very stable and attractive real estate market. It is one of the most popular islands in the Mediterranean when it comes to choosing a place for your second home. With its unspoiled beauty that has been maintained with the right balance between infrastructures and preserving the island’s natural charm, Mallorca has kept his top position in popularity. There are many reasons for this.Mallorca is more international than ever with a vibrant capital and a lively multinational community that offers a fantastic lifestyle to the expatriate residents.The modern infrastructure of Mallorca has been important for its success like the modern international airport with competitive prices and only two hours flying time to all the major European capital cities, numerous top class hospitals and clinics with high standards and several international schools with excellent reputations.The fantastic climate with 300 days of sunshine every year with mild winters and enjoyable summers doesn’t disappoint either. Many leisure activities such as hiking, golfing, sailing, windsurfing and cycling can be enjoyed all year round. The safety factor also makes Mallorca an attractive choice because it is one of the safest regions in Spain to live. There is a low crime rate compared to other popular areas around the Mediterranean.Mallorca’s cosmopolitan atmosphere blended with its culture and unique character makes Mallorca an irresistible destination for buyers of their first or second home.The ongoing success of Mallorca’s real estate market is mainly thanks to the fact that the island attracts not only a strong national Spanish market but also an excellent spectrum of international buyers with the British and Germans emerging as the dominant European clients and Scandinavians, French, Swiss, Irish and Russians catching up lately.Mallorca’s reputation as a quality and luxury destination has impacted the real estate market, particularly in the last ten years, with high demand for sea front locations, historic properties and traditional “finca” style. The island offers excellent medium-long term opportunities as a safe and secure investment.

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