Real Estate

“Anchorage Hill” or “El Mirador Bendinat” belongs to Bendinat in the municipality of Calvia and is situated in between the golf course of Bendinat and the upmarket Puerto Portals. Sea views of Puerto Portals. As the Spanish name suggests, it is located on a residential hill and offers beautiful sea views. The luxury area’s portfolio comprises just 4 roads with villas and enjoys great popularity because of its prominent location, good transport links and excellent infrastructure. In the immediate vicinity are golf courses, beaches, sporting facilities, marinas, numerous shops, restaurants and bars. The capital Palma de Mallorca is close, accessible via the nearby highway within minutes. The airport is within a 20 minute drive. Anchorage Hill on Google Maps T...

Author: Prof.Dr. Marco Wölfle, Center for Real Estate Studies, CRES Update 06.2015 Download the Porta Mallorquina “Market Study Majorca Holiday Real Estate Market 2015” (PDF). Pictures of beautiful landscapes or impressive fincas, luxury villas or modern penthouses in the centre of Palma let investments in holiday properties on Mallorca seem financially attractive. Nevertheless, for investors also considerations about the yield of the property will be most important. Therefore, information about the structure of the market and the stability of value of their investment is important. Is it worthwhile nowadays to raise the price because of a special location or a great sea view? How certain are your chances to sell and how large will the supply of other sellers be in the futur...

2014 has been a positive year for the entire real estate market in Majorca. As announced by the Spanish Statistical Office, INE, real estate sales rose throughout the Balearic Islands by 18.5% compared with the previous year. Majorca and its neighbouring islands thus stand significantly apart from market developments in the rest of the country; in Spain as a whole real estate sales rose by 2.2% – the first gain in four years. In 2014 the sales figures of Balearic islands rose up to 18,5%.   Spanish notaries registered 9,281 property sales in 2014 – 1,450 more than in 2013. It may be assumed that the proportion of foreigners buying property remains high: as early as Q1 2014 the Spanish Chamber of Notaries reported that around one-third of properties sold were bought by foreign non-...

2014 has been a positive year for the entire real estate market in Majorca. As announced by the Spanish Statistical Office, INE, real estate sales rose throughout the Balearic Islands by 18.5% compared with the previous year. Majorca and its neighbouring islands thus stand significantly apart from market developments in the rest of the country; in Spain as a whole real estate sales rose by 2.2% – the first gain in four years. 9,281 properties were sold in Majorca and its neighbouring islands in 2014, a year-on-year increase of 18.5%. Spanish notaries registered 9,281 property sales in 2014 – 1,450 more than in 2013. It may be assumed that the proportion of foreigners buying property remains high: as early as Q1 2014 the Spanish Chamber of Notaries reported that around one-third of...

The real estate markets in Mallorca, Menorca and Ibiza are still on the rise. The Instituto Nacional de Estadística, INE, has reported 706 properties sold in September this year in the Balearic Islands, an increase of 15.4% on 2013. The demand from abroad for well-located holiday homes in Mallorca remains strong in 2014. Looking at the first nine months cumulatively, the sale rate of real estate in 2014 increased by 17.3% compared to the previous year. Source: INE, November 2014 After a slight decline in sales earlier this year, sales almost doubled in March and in the following months the previous year’s figures were each significantly exceeded. The demand from abroad for well-located holiday homes in Mallorca and its sister islands remains strong. According to the Spanish Ch...

Having your own vacation home in Majorca also makes for an interesting capital investment. Homeowners do not have to worry about negative interest, inflation rates or money-market fluctuations. But which property will offer attractive returns? If you are toying with the idea of using your vacation home not just for yourself, but also offering it as a vacation rental, your calculations will be more reliable if the property has already been rented to vacationers in the past. We have compiled a list of interesting houses, fincas and villas in Majorca that you can not only rent for your next vacation in Majorca, but can also buy. That way, you can try living in “your” finca beforehand and gather reliable information about potential income from vacation rentals.   1. Exclusive holiday ...