Mallorca property newsletter: 33d October 2010

The focus this week is on some attractive price reductions. There are quite a few to report; all on good quality properties in good locations. My view is that some owners who were holding out for prices to start increasing again are now recognising this might still be a way off, so they are adjusting their prices to more competitive levels in order to sell.

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