The beautiful Balearic Island of Mallorca is one this year to the favourite European destination. But what is its great attraction? The many beaches make them attractive for nature lovers and the mild Mediterranean climate ensures pleasant stay in every season. The varied leisure offer is another important condition for the rising interest.
No wonder that more and more Germans, British and Scandinavians go a step further and invest in real estate on Mallorca. With a luxury villa or apartment is a life dream come true for many.
After the US real estate crisis investors have become cautious – and even if there are therefore strong fluctuations in prices of single-family homes in Spain, the luxury segment seems hardly to be taken. Holiday homes in Mallorca have not lost their charm according to Bellevue real estate magazine and Mallorca remains one of the top European holiday mobile lien sites. The trend can be explained quickly – the land on the island are limited / approx. 35-40% of the area is under conservation /, at the same time highly sought after. Reasons for this are mainly:
-Good infrastructure: excellent public transport connections and flight connections
-Architectural sights and a rich cultural programme
-Numerous leisure activities – water sports, golf courses, hiking and cycling trails for the more active, wellness and spa salons for the holiday-makers.
-International schools and hospitals
Gefragt sind laut firstclass-estate.com vor allem Ferienhäuser und Luxuswohnungen in Port d’ Andratx, Santa Ponça, Pollença oder Son Vida in der Hauptstadt Palma de Mallorca. Properties with convenient location are hard to find around 400 new projects / mostly terraced houses and semi-detached houses / are planned this year in any case.
Who are interested in real estate on Mallorca, which must plan the investment in details and consult extensively with experts allow. The value of the property is determined by several criteria:
-Easily accessible real estate – they can be basically taken faster for rent or sale, are also expensive.
-Magnificent sea views – luxury villas with convenient location cost up to 40 percent more on average.
-The number of bedrooms and bathrooms.
-The size of the garden and the pool can increase also the total value.
-Development policy and legal changes – these concern for example the controversial legalization of illegally built/extended country houses / in this regard, the Government is still not agreed, and the situation changes from day to day, changes in the law regarding Weitergabe-, inheritance tax and gift tax law of real estate by non-residents, important rental regulations and many others.