Luxury Real Estates / Property Mallorca: Designer villa, finca and condo up to $6.7 million

Luxury Real Estates / Property Mallorca – Welcome to the favourite island of the Germans. Lots of sun, relaxed people, the sea and only 1-2 hours by plane from cities like Berlin, Paris and Madrid. Mallorca is therefore one of the most popular regions for many from business and industry but also celebrities who are attracted to the island. Especially on the mainland, a little away from the coast, you will find villas, fincas and condominiums of the extra class. But beware! If real estates are committed, you pay fast too much. We therefore strongly recommend to work with a local real estate agent. Because in Mallorca are also Spanish laws, from residence obligation (subject occupied houses) to tax issues. Before we therefore take a look at available apartments and houses, we briefly shed light on property prices in Mallorca.

Key Facts -

Mallorca: Real estate paradise at your doorstep – buy now?

Island, cities and area

Designer House (new building) – $6.7 million

Location and address: Near Puerto Portals Marina

Luxury broker: More about investment & Co

Help for research, contact and buying process? Get in touch with me today: Luxury Realtor Mallorca

Mallorca: Real estate paradise at your doorstep – buy now?

If you want to buy a property in Mallorca, you should know that you can quickly pay too much. A long time ago Antoni Gayá, president of the association of real estate service providers, pointed this out.

Is it currently worthwhile to invest in property in Mallorca? Antoni Gayá says that property prices in the Balearic Islands are excessive. One of the “big problems” in the property market of the islands is that the prices demanded “have little to do with the market price”.

Currently, according to Antoni Gayá, prices are around 20-30% above their real value. He emphasises that this problem is not limited to Palma but exists on all the islands and that excessive prices apply to both the sale and rental of properties.

According to Gayà, properties for sale often remain unsold for several months because the price is too high. The owners do not want to lower the price, but in some cases it will eventually go down. Official figures indicate that the subsequent sale price is often lower than the price originally advertised.

Source: Majorca Daily

You must take this into account when buying objects. Therefore we recommend you to contact a local luxury broker. Thus you avoid mistakes when buying property in Mallorca.

Island, cities and area

Plots of land and houses (or fincas) are accessible all over the island. In Palma, Magaluf but also in the interior of the island, in Manacor.

Designer House (new building) – $6.7 million

Newly built & turnkey. A modern masterpiece of architecture awaits you here. The designer luxury villa is for buyers a stylish oasis to live in or as a capital investment (rental possible) near Puerto Portals Marina, Mallorca. With a total of 5 bedrooms, 5 bathrooms, its own private fitness room and a separate guest apartment for visitors.

Of course the property also offers the latest technical standards. Keyword: Smart Home! This property is for buyers with the finest taste.

Price in Dollar: $6.67 million
Price in Euro: €6 million
Price in Pounds: £5.04 million
Highlight: Own fitness studio
Extras: Separate guest apartment
Location: Near Puerto Portals Marina
Bedroom: 5
Baths: 5