Sunday, December 12, 2010
MPP Mallorca Property Newsletter 12th December 2010
The townhouse in Cala Murada is a great opportunity for someone looking for a holiday home / rental investment right on the sea front. The traditional townhouses in Andratx and Puigpunyent could be either permanent homes or holiday homes for someone looking for a more "authentic" Mallorcan environment. I have also included a selection of sea view apartments on the southwest coast, all priced between 300,000 and 400,000 Euros.
Country house with pool and mountain views, Soller
Country houses with pools are not so common in Soller, particularly at this price level. This one has room for improvement but is structurally in good order and has a good location with mountain views. Competitively priced at 660,000 Euros. see details
Idyllic 3 bedroom "olivar" for sale, Fornalutx, Near Soller
Olivars are old mountainside cottages, originally used by farmers tending the olive terraces. There are few of this size or quality. Asking price: 675,000 Euros. see details
Price reduction: 3-bed townhouse for sale in sea front community, Cala Murada - exceptionally low price
An ideal holiday home in a sea front development in SE Mallorca. Private garden and sea views from the upper floor. Reduced from an original 420,000 Euros to 315,000 in order to sell quickly. see details
Price reduction: recently built traditionally styled townhouse for sale, Puigpunyent, Mallorca
These townhouses are ideal as permanent homes or for people looking for a lock-up-and-leave holiday home in an authentic Mallorca small town within easy reach of Palma. An excellent opportunity now priced at 320,000 Euros. see details
Price reduction: spacious 3 bedroom townhouse in Andratx
A spacious townhouse property for sale in Andratx, a prime location on the SW coast. Reduced from 580,000 to 499,000 Euros. see details
2 bed sea view apartment for sale, Son Caliu - direct access to the sea
Apartment in a sea front community in Son Caliu on the SW Coast. Needs modernising and this is taken into account in the asking price. An interesting holiday home / investment opportunity. Asking price: 335,000 Euros. see details
Price reduction: 2-bed sea view apartment, Santa Ponsa
This apartment has 3 beds and a large sea view roof terrace for sunbathing and BBQs. Great potential for a family holiday home. Price reduced to sell, from 425,000 to 368,000 Euros. see details
Frontline 3-bed apartment for sale, Santa Ponsa
Front line sea view apartment for sale in Santa Ponsa. Low asking price for a 3-bed frontline property: 395,000 Euros. see details
2-bed ground floor sea view apartment for sale, Puerto Andratx
It is unusual to get a ground floor apartment with such good sea views. This one has 2 beds, is in a recently built quality development and is reasonably priced for Puerto Andratx. Asking price: 395,000 Euros. see details
The next update will be in four weeks time after the Christmas break. I will still be here though so please get in touch if you have questions on these properties or are planning to visit for viewings. Have a good weekend and, if I don't hear before, a very Happy Christmas too.
Kind regards
Mallorca Property Partners
Tuesday, November 9, 2010
Mallorca property update - 7th November 2010
December and early January are normally quieter, as the focus is on Christmas and New Year festivities. By the same token, these months are also good times to search for and buy property. Underlying all this, it is still very much a buyers market and there will be more on this in our 4th quarter market update which should be online later this week.
In advance of this, here is something to consider regarding the pricing of properties in the current market. I have often commented that each property needs to be judged on a case-by-case basis due to there being a greater-than-usual variance in how realistically / competitively individual owners set their asking prices and how flexible they might be in negotiations. Judging opportunities on the asking price can be misleading - a property might be priced relatively high but have a lot of scope for negotiation. A similar property close by might have a lower asking price but have very little negotiating scope.
Ideally I would indicate both the asking price and the negotiating scope for each property, but that is not possible. Sometimes we have an accurate idea of what the lowest price could be, sometimes not. But all the properties listed on our blog have the potential to be a good investment and, if you are using our service actively to search for properties, we will give you all the relevant background information to help you judge each opportunity. We will also relate this to other comparable properties and take into account all the other factors that might influence each property's value, so you can be more confident you are working with realistic figures in any negotiations.
Moving on to this weeks selection, they range from 240,000 Euros for some good value apartments in Pollensa, to 1,600,000 Euros for a country house with two guest casitas, also in Pollensa. As noted above, they are listed with the official asking prices so, if any are of real interest, get in touch and we can discuss in more detail.
Luxury 2-bed apartment in high quality community, Nova Santa Ponsa
Apartment in one of the prime location communities of Nova Santa Ponsa. Realistically priced at 350,000 Euros. see details
Price reduction: Las Abubillas townhouse, prime Southwest Mallorca community
Las Abubillas is recognised as one of the prime developments for community villas and townhouses in Mallorca. This property is a very nice townhouse with private garden. The price has been reduced from 585,000 to 550,0000 Euros. see details
Villa for sale, Las Abubillas, Nova Santa Ponsa
Another Las Abubillas property, this one is a detached villa with an asking price of 695,000 Euros. see details
Stunning traditional town house for sale, S'Arraco, Andratx
Traditional townhouse renovated to an exceptional standard. Priced realistically to sell at 550,000 Euros (was 695,000). see details
Newly-built apartment for sale, Pollensa Old Town
Moving up to the North Coast, this newly built property has a large roof terrace and is located just a few minutes from Pollensa's town square. Priced at 240,000 Euros. see details
Price reduction: spacious apartment with mountain views, Pollensa Old Town
This property has now been reduced from 290.000 Euros to 240.000 Euros making it exceptional value for a good 2-bed apartment in Pollensa. see details
3-bedroom apartment for sale, Pollensa Old Town
This spacious apartment was built recently in Pollensa Old Town. Realistically priced at 249,000, an ideal lock-up-and-leave property or permanent home. see details
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Luxury ground floor apartment for sale, Puerto Pollensa
A top spec' ground floor apartment within walking distance of the town centre and beach of Puerto Pollensa. Asking price 400,000 Euros. see details
Renovated country house for sale in prime location, Pollensa
7-bed country house in La Font, a prime location adjacent to Pollensa Old Town. Renovated to a high standard, the property has lovely gardens and two self-contained guest casitas. Asking price 1,600,000 Euros. see details
Very good value opportunity, recently built country house for sale, Alaro
The final two properties are in Alaro in the foothills of the Tramuntana Mountains. Alaro has a lot to offer including stunning scenery as well as easy access to Palma and other parts of the island. This property has a pool and mountain views. Price: 1,050,000 Euros, open to offers for a quick sale. see details
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Recently built traditional styled finca, Alaro
Another high quality country house with lots of living space, lovely gardens, a pool and wonderful mountain views. The asking price is 1,500,000 Euros but offers will be considered for a quick sale. see details
There is one other outstanding opportunity I would like to highlight - a luxury penthouse in Los Jardines de Portogolf, a prime frontline development close to Port Adriano in Nova Santa Ponsa. It is a spacious 2-bed with large roof terrace, BBQ and excellent sea views. The community has exceptional gardens and pool areas. The asking price is 750,000 Euros - it can potentially be bought for considerably less.
Please get in touch if you would like more information on any of these properties or have questions regarding the market in Mallorca. My contact details are at the bottom of this newsletter. I look forward to hearing from you, have a good weekend.
You can also see back issues and sign up to receive our newsletter by email here : sign up to newsletter.
Mallorca Property Partners
Saturday, October 30, 2010
Mallorca property newsletter: 24th October 2010
The townhouse in Cala Murada is a great opportunity for someone looking for a holiday home / rental investment right on the sea front. The traditional townhouses in Andratx and Puigpunyent could be either permanent homes or holiday homes for someone looking for a more "authentic" Mallorcan environment. I have also included a selection of sea view apartments on the southwest coast, all priced between 300,000 and 400,000 Euros.
Country house with pool and mountain views, Soller
Country houses with pools are not so common in Soller, particularly at this price level. This one has room for improvement but is structurally in good order and has a good location with mountain views. Competitively priced at 660,000 Euros. see details
Idyllic 3 bedroom "olivar" for sale, Fornalutx, Near Soller
Olivars are old mountainside cottages, originally used by farmers tending the olive terraces. There are few of this size or quality. Asking price: 675,000 Euros. see details
Price reduction: 3-bed townhouse for sale in sea front community, Cala Murada - exceptionally low price
An ideal holiday home in a sea front development in SE Mallorca. Private garden and sea views from the upper floor. Reduced from an original 420,000 Euros to 315,000 in order to sell quickly. see details
Price reduction: recently built traditionally styled townhouse for sale, Puigpunyent, Mallorca
These townhouses are ideal as permanent homes or for people looking for a lock-up-and-leave holiday home in an authentic Mallorca small town within easy reach of Palma. An excellent opportunity now priced at 320,000 Euros
see details
Price reduction: spacious 3 bedroom townhouse in Andratx
A spacious townhouse property for sale in Andratx, a prime location on the SW coast. Reduced from 580,000 to 499,000 Euros. see details
2 bed sea view apartment for sale, Son Caliu - direct access to the sea
Apartment in a sea front community in Son Caliu on the SW Coast. Needs modernising and this is taken into account in the asking price. An interesting holiday home / investment opportunity. Asking price: 335,000 Euros. see details
Price reduction: 2-bed sea view apartment, Santa Ponsa
This apartment has 3 beds and a large sea view roof terrace for sunbathing and BBQs. Great potential for a family holiday home. Price reduced to sell, from 425,000 to 368,000 Euros. see details
Frontline 3-bed apartment for sale, Santa Ponsa
Front line sea view apartment for sale in Santa Ponsa. Low asking price for a 3-bed frontline property: 395,000 Euros. see details
2-bed ground floor sea view apartment for sale, Puerto Andratx
It is unusual to get a ground floor apartment with such good sea views. This one has 2 beds, is in a recently built quality development and is reasonably priced for Puerto Andratx. Asking price: 395,000 Euros. see details
The next update will be in four weeks time after the Christmas break. I will still be here though so please get in touch if you have questions on these properties or are planning to visit for viewings. Have a good weekend and, if I don't hear before, a very Happy Christmas too.
Kind regards
Mallorca Property Partners
Monday, October 4, 2010
Mallorca property newsletter: 33d October 2010
I have also included a few that have not been reduced, but have come onto the market more recently at realistic and competitive price levels. The selection starts at 250,000 Euros for a 2 bed, 2 bath penthouse apartment in Puerto Pollensa and ranges to 1.3 million for a luxury contemporary country house in Pollensa.
Price reduction, 2 bed penthouse apartment, Puerto Pollensa
This is a good top floor apartment with three south-facing balconies and views to the mountains. Price reduced from 295,000 to 250,000 Euros. see details
Price reduction, 2-bed apartment, walking distance of Puerto Andratx harbour front
This penthouse apartment is situated in a well maintained residence in a quiet area a short stroll from the harbour front of Puerto Andratx. Now 295,000 Euros. see details
3-bed apartment for sale, Paguera, Southwest Mallorca - spectacular sea views
Spacious top floor apartment with a large terrace and fantastic sea views. Set in a good community with two pools; a good value-for-money proposition at an asking price of 386,000 Euros. see details
2 bed sea view apartment for sale, Puerto Portals, Southwest Mallorca - direct access to the beach
This apartment is in a prime location in Puerto Portals, close to the marina and within easy reach of the beach. Asking price: 391,000 Euros. see details
Price reduction on 2-bed sea view apartment, Puerto Andratx, Southwest Mallorca
This apartment has excellent sea views. With a significant reduction from 595,000 to 500,000 Euros, the property is now a very low price for this prime Southwest Coast location. see details
Price reduction, 2 bed sea view apartment in Puerto Andratx
This small residential complex, built in 2002, is within easy walking distance of the harbour front of Puerto Andratx, one of the most sought-after locations in Mallorca. Reduced from 575,000 to 530,000 Euros. see details
Large 5 bed country house, Crestatx, near Pollensa
Comfortable, easy-to-maintain family holiday homes tend to be over a million Euros in the Pollensa area. This one has 5 beds, a great pool and lovely garden and is priced at 960,000. see details
Substantial reduction on 4 bed country house, Pollensa
A notable reduction brings this country house property down from 1,380,000 to 980,000 Euros. A genuine bargain in a good location. see details
Luxury contemporary country house for sale, near Pollensa
This villa-style country house was built recently to a very high standard and occupies one of the best plots in S'Ubach, which is close to Pollensa Old Town. Priced to sell at 1,300,000 Euros. see details
Finally, a reminder of the property featured in our special alert last week; a recently built country house near Pollensa. This property was originally 600,000 Euros and was recently reduced to 510,000 Euros which is lower than comparable properties. Now it is 480,000 Euros and likely to sell quickly at this level. You can see the details here: Final reduction on country villa for sale, Pollensa.
Please get in touch if you would like any more information on these properties; my contact details are below. I look forward to hearing from you, have a good weekend.
Kind regards
Mallorca Property Partners
Friday, September 24, 2010
Latest Mallorca property newslettter
This selection ranges from an excellent 3-bed apartment in Puerto Pollensa for just 295,000 Euros, to a luxury 6-bed sea-front residence in Puerto Andratx (price on application).
Apartment for sale, Puerto Pollensa, N Mallorca. Reduced price
A spacious 3-bed apartment close to the sea in a good community with gardens and pool. Reduced from 380.000 to 295.000 Euros. At this price level, an ideal value-for-money holiday home in this popular location. see details
2-bed penthouse with sea views and roof terrace, Port Adriano, SW Mallorca
This 2 bed apartment has harbour and sea views as well as a private roof terrace from which to enjoy them. An exceptional opportunity in this prime investment location. Asking price: 318,000 Euros. see details
4-bed apartment with large roof terrace, Puerto Pollensa, N Mallorca
A perfect apartment for someone wanting private outdoor space for barbecues and sunbathing. Recently reduced from 510,000 Euros to a competitive 420,000. see details
5-bed villa for sale at knock-down price, Cala d'Or, SE Mallorca
Villa in good structural order requiring further works, primarily modernising the interior. With 5 bedrooms, a large garden and pool, it should prove a good investment at this price level. Reduced from 550,000 to 495,000 Euros. see details
Significant reduction on 4-bed country house, Andratx, SW Mallorca
We first mentioned this property a few weeks ago. Located just 10 minutes walk from Andratx Village, the price has now been reduced from 725,000 to 575,000 Euros, exceptional for a country house in this area. see details
2-bed detached sea view villa for sale, Puerto Andratx, SW Mallorca
Sea view properties in Puerto Andratx are sought-after. This is a rare opportunity to buy a small detached community villa with panoramic views over the bay. Asking price 725,000 Euros. see details
Country house for sale, outskirts of Pollensa Old Town, N Mallorca
Outstanding country house with guest house, located on the edge of Pollensa with views over the Old Town to the Puig de Maria. Tastefully renovated to a very high standard. The price of 1,300,000 Euros is low for what is on offer. see details
Substantial luxury villa for sale, Puerto Pollensa, N Mallorca
An ideal property for a large family or those with regular guests. High quality construction, lots of space, nice gardens and mountain views. Realistically priced to sell at 1,650,000 Euros. see details
Prestigious 6-bed front-line luxury villa for sale, Puerto Andratx, SW Mallorca
An exceptional luxury front-line property in Puerto Andratx. Such properties are rarely available. Please contact us for further details. see details
In case you missed our special update last weekend, here are links to the featured properties: Pollensa villa at 510,000 Euros // Santa Ponsa repossession villa at 755,000 Euros. Both are exceptional opportunities.
I'd like to emphasise this newsletter features our picks from properties currently on the market with our partners across Mallorca, it is not personalised to properties matching your own requirements. If you are searching in earnest please email or call and we will look, in person, into the best options matching your criteria. My contact details are below.
Please get in touch if you want any more information on these properties or have questions regarding the market in Mallorca. I look forward to hearing, have a good weekend.
Kind regards
Kevin Reeves
Mallorca Property Partners
Friday, September 17, 2010
4-bed apartment with large roof terrace, Puerto Pollensa, North Mallorca
Ref: PTP1922
Location: Puerto Pollensa, N Mallorca
Type of property: Apartment
Bedrooms: 4
Bathrooms: 2
Living space: 171 m2
Price: 420,000 Euros
This apartment has a lot of terrace space so is ideal for someone looking for an easy-to-look-after holiday property but with good space for BBQ’s, outdoor dining and sunbathing.For full details please see: 4-bed apartment with large roof terrace, Puerto Pollensa, North Mallorca
Thursday, September 2, 2010
Very low price – 2 bed sea view apartment, Port Adriano, Southwest Mallorca
Ref: 34054c
Location: Port Adriano, SW Mallorca
Type of property: Apartment
Bedrooms: 2
Bathrooms: 1
Living space: 60 m2
Price: 250,000 Euros
For full details plese see: 2 bed sea view apartment, Port Adriano, Southwest Mallorca
Wednesday, August 25, 2010
MPP newsletter 22nd August, now online
MPP newsletter 22nd August, now online
Reduction on 3 bed garden apartment in Puerto Pollensa
This apartment has been further reduced to sell. Orginally 298,000 Euros, now 202,500, an exceptional asking price for a 3 bed garden apartment in this location.
For full details please see :Reduction on 3 bed garden apartment in Puerto Pollensa
Tuesday, August 24, 2010
Exclusive 3-bed sea view apartment for sale, Port Adriano, Southwest Mallorca
Ref: 34133
Location: Port Adriano, SW Mallorca
Type of property: Apartment
Bedrooms: 3
Bathrooms: 3
Living space: 135 m2 (internal)
Price: 990,000 Euros
An unusual opportunity to buy in Mirador, recognised as being one of the best community developments in Mallorca due to its position directly overlooking Port Adriano and the sea. Port Adriano is a small leisure boating marina in the finishing stages of refurbishment and extension. The project is providing more space for luxury shops and restaurants. Other Southwest Coast resorts such as Santa Ponsa are close by and Palma de Mallorca and the airport are an easy 20 to 20 minute drive by car or taxi.
For full details please see:Exclusive 3-bed sea view apartment for sale, Port Adriano, Southwest Mallorca
Sunday, August 22, 2010
Luxury 3 bedroom sea view villa for sale, Nova Santa Ponsa, Southwest Mallorca
Ref: 14288
Location: Nova Santa Ponsa
Type of property: Villa
Bedrooms: 3
Bathrooms: 3
Plot Size: 1,200
Living space: 220 m2
Price: 1,350,000 Euros
This villa is situated in a quiet part of Nova Santa Ponsa, not far from Port Adriano, one of the most notable investment locations in Mallorca. Santa Ponsa has plenty to offer with its beaches, water sports, golf and many other sporting and leisure activities. Palma de Mallorca and the airport are an easy 25 to 30 minutes drive away.
For more information please see: Luxury 3 bedroom sea view villa for sale, Nova Santa Ponsa, Southwest MallorcaThursday, August 19, 2010
5 bedroom sea view villa for sale, Nova Santa Ponsa, Southwest Mallorca
Ref: 11382a
Location: Nova Santa Ponsa
Type of property: Villa
Bedrooms: 5
Bathrooms: 5
Plot Size: 1,014 m2
Living space: 340 m2
Price: 1,265,000 Euros
Sea view villa for sale in Nova Santa Ponsa one of the prime locations on the southwest coast of Mallorca. The area has plenty to offer with its beaches, water sports, golf and many other sporting and leisure activities. Palma de Mallorca and the airport are an easy 25 to 30 minutes drive away.
Tuesday, August 17, 2010
New build apartments for sale, Boquer, near the Pinewalk, Puerto Pollensa, North Mallorca
Ref: PTP1698
Location: Puerto Pollensa, N Mallorca
Type of property: Apartment
Bedrooms: 3
Bathrooms: 2
Price: from 525,000 Euros
The apartments are very nicely designed to offer comfortable, light and spacious living accommodation with the living rooms opening onto balcony terraces or gardens for the ground floor apartments.For full details please see : New build apartments for sale, Boquer, near the Pinewalk, Puerto Pollensa, North Mallorca
Monday, August 16, 2010
Repossessions in Mallorca - property bargain or red herring?
To read the full article plese visit: Repossessions in Mallorca - property bargain or red herring?
Friday, August 13, 2010
5 bedroom villa for sale in Nova Santa Ponsa, Southwest Mallorca
Ref: 11382a
Location: Nova Santa Ponsa
Type of property: Villa
Bedrooms: 5
Bathrooms: 5
Plot Size: 1,014 m2
Living space: 340 m2
Price: 1,265,000 Euros
Sea view villa for sale in Nova Santa Ponsa one of the prime locations on the southwest coast of Mallorca. The area has plenty to offer with its beaches, water sports, golf and many other sporting and leisure activities. Palma de Mallorca and the airport are an easy 25 to 30 minutes drive away.
For full details please see: 5 bedroom villa for sale in Nova Santa Ponsa, Southwest MallorcaTuesday, August 10, 2010
MPP Mallorca Property Newsletter 8th Aug 2010
Repossessions have been receiving a lot of publicity of late. I was asked recently why we do not feature them as surely they are the best deals!
However, this is often not the case. The bulk of repossessions are neither in strong locations, nor are they they type of property for which there is a strong international demand. Whether such properties are good investments at this time is highly questionable.
Furthermore, not all the repossessions are at genuinely "good deal" prices. Where properties had originally been bought at 90, 100 or 110% loan-to-value, the banks have to "write down" (lose) a considerable percentage of the outstanding loan in order to bring the property in line with current prices. They are understandably reluctant to do this.
When a good quality repossession is on offer, in a good area at a good price, it is likely to sell very quickly. MPP works with agents appointed by the banks to sell repossessed properties, so when searching for a property on your behalf we take them into account alongside other available properties. Quite often non-repossession properties win out as the best opportunity.
This weeks selection includes several outstanding opportunities ranging from 199,500 Euros for an apartment in Palma's Santa Catalina, to 3.9 million for a country estate in Escorca in the Traumantana mountains.
Apartment in Santa Catalina, Palma, recently renovated to high standard
A great little two bed apartment in Santa Catalina, one of the best locations in Palma. Renovated to a high standard and nicely furnished. Reduced from 289,000 to 199,500 Euros to sell. Comparable properties are currently around 250,000+. see details
Penthouse apartment close to the Pinewalk, Puerto Pollensa
This 3 bed penthouse apartment is excellent value having been reduced from Euro 600,000 to 480,000. see details
3-bed traditional townhouse in Andratx Village
A traditional townhouse with plenty of space for a family or guests. Located in Andratx Village a few minutes drive from Puerto Andratx. 395,000 Euros. see details
Spacious 3-bed apartment with views over Port Adriano
A front line sea view apartment directly overlooking Port Adriano marina, one of the prime investment locations in Mallorca. 455,000 Euros. see details
3-bed villa for sale, Costa de La Calma
A 3-bed detached villa with pool, located in Costa de la Calma close to Santa Ponsa on the southwest coast. An outstanding property at this price level. 515,000 Euros. see details
Luxury 4-bed new-build villas, close to Pollensa Old Town
Two newly built villas, both 4-bed luxury properties with infinity pools, elevated positions and great views. Priced to sell at 950,000 and 1,050,000 Euros respectively. Ideal easy-maintenance luxury holiday homes and/or rental investments. see details
4 bedroom country house with mountain views, close to Pollensa Old Town
A traditional country house with mountain views and in walking distance of the old town of Pollensa in the north of Mallorca. Asking price 1,380,000 Euros. see details
13th century country estate in the mountains of Escorca, North Mallorca
One of the prime country estates in North Mallorca. A unique and historic property nestling in the Traumantana mountains and with the potential to be one of the most noteworthy homes on the island. Price 3,900,000 Euros. see details
Please get in touch if you want more information on these properties or have any questions regarding buying in Mallorca. I look forward to hearing, have a good weekend.
Kind regards
Mallorca Property Partners
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