Refurbished apartment Old Town apartment for sale, views over the City

An exceptional apartment, in a great, central location in Palma Old Town. The property has views over the city and has been refurbished to an unusually high standard. Asking price: €735,000.

For full detail, plesase see: Refurbished apartment Old Town apartment for sale, views over the City

Beautifully renovated country house in easy walking distance of Pollensa Old Town

A truly outstanding property. This beautifully renovated, stone walled country house has wonderful landscaped gardens and is within walking distance of Pollensa Old Town – something that is increasingly difficult to find.

For full details on this property, please see: Beautifully renovated country house in easy walking distance of Pollensa Old Town

Mallorca property prices: further evidence of prices having reached their low point

There is continuing evidence that property prices in Mallorca are reaching a floor. An article in El Mundo this week adds weight to this opinion, referencing prices of prime locations across Spain as being at the forecront of this trend.

This is important new for buyers. For a more in depth article please see: Mallorca property prices: further evidence of prices having reached their low point

Penthouse apartment in prime location development, walking distance to Port Adriano

This penthouse apartment is in Las Adelfas, in a prime location development close to Port Adriano, a lesire marina, recently redeveloped and now offering a chic waterfront environment with cafe bars, restaurants and boutique shops. With a large roof terrace, the property is an ideal lock-up-and-leave holiday home with plenty of private outside space for BBQs and sunbathing.

For fiull details please see: Penthouse apartment in prime location development, walking distance to Port Adriano

Balearic Government declares short term rentals to be legal

Earlier in September, the Balearic Government put in place a new planning law with the objective of simplifying and rationalising the existing regulations.

The new measure, entitled Ley de Ordenación y Uso del Suelo (LOUS), focuses in part focused on the approximately 30,000 properties which currently, in one way or another, fall outside of the current planning regulations.

The new measures are an opportunity for home owners to legalise their property. For further information please see: New land law to simplify legalisation of unregistered buildings on rural land.

Luxury villa with stunning views, outskirts of Pollensa, N Mallorca

Opportunity to purchase a modern, luxury, traditionally styled villa just off the Calvario Steps in Pollensa, North Mallorca. The property has a super, spacious and light interior with a lovely garden and terraces, a separate guest apartment and stunning views over the old town rooftops and the mountainous Pollensa countryside.

For full details please see: Luxury villa with stunning views, outskirts of Pollensa, N Mallorca

Price reduction: villa within walking distance of Canyamel beach

Opportunity to buy a nicely presented, spacious family holiday villa or rental investment, currently for sale at a very attractive price, a short stroll from the beautiful bay and beach of Costa de Canyamel.

Villas in walking distance of one of Mallorca's clear blue coves are obviously among the more sought-after and attractive properties. Costa de Canyamel on Mallorca's northeast coast offers very good value comparative to better known areas such as the Southwest.

Recently however this part of the island has been receiving an increasing amount of interest from keen-eyed investors picking off the best property opportunities.

For full details on this property, please see: Price reduction: villa within walking distance of Canyamel beach

Ideal holiday villa, 3 minutes walk from the beach, Paguera, SW Coast

A great coastal location, easy to get to and easy to look after. An ideal holiday villa.

Ideal holiday villa, 3 minutes walk from the beach, Paguera, SW Coast

Exceptional opportunity to buy a high quality villa in Nova Santa Ponsa

An truly exceptional opportunity to buy a high quality 6 bedroom villa in a prime location in Nova Santa Ponsa for less than 1m Euros. At this price level it will generate a lot of interest and is likely to sell quickly.

For full details, please see: Exceptional opportunity to buy a high quality villa in Nova Santa Ponsa

Penthouse apartment adjacent to Santa Ponsa Golf, SW Mallorca

Ref: IP2-289
Location: Nova Santa Ponsa, SW Mallorca
Type of property: Penthouse apartment
Bedrooms: 3
Bathrooms: 3
Plot Size (m2): na
Living space (m2): 200
Price (Eur): 725,000

About Nova Santa Ponsa

A high quality penthouse apartment – one for keen golfers!

Overview: A penthouse apartment proeprty overlooking Santa Ponsa Golf in SW Mallorca. This is a spacious property built to a high standard in an exclusive community. A feature of the apartment is its large terrace which has both covered and open areas, making it a great option for enjoying the wonderful sunshine in Mallorca

The property is nicely presented and ready to move into.

Accommodation: Large living room with real fireplace, opening onto the dining terrace; dining room which also opens to the terrace; 3 bedrooms, including a large master bedroom with dressing area. The master bedroom also opens to the terrace; modern fitted kitchen.

Outside space: Large terrace with both covered and uncovered areas; community gardens with infinity pool.

Other features: Garage; under-floor heating; air conditioning.

      

  

High quality penthouse apartment next to Santa Ponsa Golf

The market for prime Mallorca properties is strengthening

There are continuing indications that prices for prime location properties in Mallorca have reached a bottom.

This is a brief market update to follow on from my last update in July (see Mallorca property market update July 2013).

The key observation then was that we have seen increasing demand for the most desirable types of properties in the best locations. This demand is coming from a wider range of other countries than used to be the case.

The following four months have indeed backed this up and this is an important point for anyone thinking of buying here. For the last five years or so, the market has been strongly in favour of the buyer. Now we are seeing the beginnings of some competition for the best property opportunities.

This is not intensive as in prime locations in London. Indeed, we are only at the very beginning of this change in the trend. But it does appear to be an increasingly solid change. Mallorca is a relatively small property market, particularly if focusing on properties that are desirable within the international sector of the market. A small increase in demand will have a notable effect and we could well see the price of the best properties rising in the not too distant future.

It’s worth noting also that when I refer to prime locations and the most desirable properties, this does not only mean properties in the upper price brackets. For example, prime location townhouses like this one in Fornalutx (Traditional townhouse with roof terrace, mountain views, Fornalutx), can still be bought for under 400,000 Euros.

Similarly, sea view apartments in southwest coast locations such as Cala Major and San Agustin, which not so long ago would have seen little interest, are increasingly sought after and hard to come by. See some of our selected sea view properties here.

I am not trying to lead prospective buyers to rush over here and buy now. The key to buying well is to understand the market here and buy a good quality property in that context. This is far more important than big percentage discounts and price reductions if you have a view to the property being a good long term investment.

I have to say though, the coming months could be a very good time to buy!

The market for prime Mallorca properties is strengthening

Seafront villa for sale, Cala d'Or, SE Mallorca - direct sea access

Ref: CAD4848
Location: Cala d’Or, SE Mallorca
Type of property: Frontline villa
Bedrooms: 6
Bathrooms: 6
Plot Size (m2): 751
Living space (m2): 360
Price (Eur): 2,300,000

A classic Ibezan-style seafront villa for sale with lovely open sea views, in a prime frontline location close to the beaches of Cala d'Or and with direct sea access. The property has a swimming pool also with sea views.

For full details please see: Frontline villa with direct sea access, Cala d’Or, SE Mallorca

Villa for sale in Santa Ponsa, SW Mallorca - luxury villa overlooking the bay

Ref: IP2-867
Location: Santa Ponsa, SW Mallorca
Type of property: Villa
Bedrooms: 4
Bathrooms: 4
Plot Size (m2): 1,158
Living space (m2): 425 inc. terrace
Price (Eur): 1,890,000

A luxury, property for sale in Santa Ponsa, SW Mallorca. This sea view villa is in a good location within walking sitance of the town, its beach and its boating marina. It benefits from views over the bay of Santa Ponsa.

The property is a high quality construction with high quality fitments. It is for sale at a competitive price for a property of this type in this popular location.

For full details, please see: Luxury sea view villa for sale, Santa Ponsa, SW Mallorca

mountain cottage with stunning views, Soller, West Mallorca

Ref: SO1518
Location: Soller, W Mallorca
Type of property: Country house
Bedrooms: 2
Bathrooms: 1
Plot Size (m2): 6,000
Living space (m2): 80
Price (Eur): 240,000

Great little olivar in the Soller Valley offers a mountain cottage holiday retreat for just €240,000.

The old town of Soller and also Puerto Soller are just a short drive away. Palma de Mallorca and the airport are approximately 30 to 40 minutes by car.

The property is built from the traditional stone of the country houses of Mallorca. It is in good livable condition and would make a comfortable holiday home which also has rental potential.

For full details, please see: Mountain cottage with stunning views, Soller, W Mallorca

Palma Old Town properties - competitively priced townhouse with roof terrace and views

Renovated townhouse in a prime central location in Palma's Casa Antigua (Palma Old Town).

The property has been extensively renovated to create a contemporary home, with such features as wooded floors, Philippe Stark and Vola fittings.

The property also has an elevator, parking for two cars and a spa room with Jacuzzi. One of its four floors is designed as guest quarters accommodation.

For full details on this property, please see: Competitively priced townhouse with roof terrace, Palma Old Town.