Deia Coast Mallorca

Since many years , buying property in Mallorca has been and still is one of Spain’s premier property investments. Mallorca was and is, of the premier holiday destinations in Europe, with property buyers focusing on the island from all over the world. The new changes in spanish law , since the abolishment of the wealth tax in Spain, it has benefit those people searching for a Mallorca Property without having the enourmous property taxes to pay every year.

With investors comming from all over the world, buying property in Mallorca has never been more lucrative. Mallorca provides the ideal environment to buy property, with an average of 1,5 hour flight destination from all european countries, long weekend breacks, business people can live on the island and travel easily to England, Germany or Norway. Airline companies like Air Berlin have special offers from London to Palma de Mallorca starting from 49 Euros one way flight.

What kind of property is on demand ?

From city apartments in Palma’s Old Town, exclusive country retreats with privacy and large plots of land, seafront apartments to luxurious beach front villas with sea access and exclusive developments in Santa Ponsa, Portocolom, Andratx or Pollensa. Here are some of the most popular property searches :

• Mallorca Frontline Villas 
• Bargain Property in Mallorca
• Modern properties in Mallorca
• Port Andratx property

Who buy properties in Mallorca

Mallorca is the premier international property destination atracting interests of celebrities, such as Jennifer Lopez, Michael Schumacher, Sebastian Vettel, Mike Oldfield, Ikea Owner, Porsche Family , including the latest rumours about Vladimir Putin searching for a summer property in Port Andratx .

Which are the best areas to buy property ?

Buy reading our post about the hot spots to buy a property you will get a better idea of the top location on the island of Mallorca whcich have become more popular in the last years. This said, the Southwest of Mallorca is still on top of the most demanded areas where the price per square meter reaches the higuest rate of the island and where most of the top expensive properties are to find. Following to the Southwest of Mallorca comes the North Coast, here was sold the most expensive house of Spain last year, located at Pollensa bay. Formentor was and still is, a top destination in the Mediteranean and some few villas are available for sale at its magical bay, with prices over 10.000 Euro/m2.

Palma is always on demand particularly the old town property in Palma when you can expect a good rental return of the apartments through the whole year as it has become very popular to rent an apartments instead of booking hotels in the center of the city.

Buying Apartments in Palma give a good rental return through the year