PROPERTY IN MALLORCA – REAL ESTATE IN MALLORCA

Real Estate in Mallorca has been a popular investment for people from all over the world for a long time now, although property prices are quite high it is still possible to find property in Mallorca at affordable prices for most Europeans pockets, property prices in the coastal areas tend to be much higher than property in Mallorca in inland regions, although some of the villages have become exclusive places to live particularly for celebrities who own real estate in Mallorca, there are many estate agents who have some very desirable property in Mallorca in their portfolio.

Property in Mallorca varies greatly according to the location, many coastal Mallorca property are apartments on complexes consisting of between one and three bedrooms, bathroom, kitchen, living room and terrace and usually come with a spectacular view of the ocean and/or mountains, complexes such as this usually offer other facilities such as swimming pools and landscaped gardens, on-site maintenance and either a garage or parking space, prices for this kind of real estate in Mallorca can vary depending on the condition of the apartment, property in Mallorca is also sold part or fully furnished this too has a bearing on the price, a typical one bedroom apartment would cost around 140,000€, coastal real estate in Mallorca is popular with investors who buy-to-let and can purchase anything from a luxury villa or a townhouse to a studio apartment, the rental potential of such Mallorca property is great, owing to Mallorca´s popularity as a holiday destination.

Inland property in Mallorca may offer better value for money, with larger than average accommodation and yet still have sea and mountain views, there are many fincas, farmhouses and townhouses in need of renovation, plots of land are available to build Mallorca property to your own design and specification, inland property in Mallorca come with plenty of land with established plants and trees including orange groves and olive trees and stunning views and room for a swimming pool, renovating property in Mallorca can be time consuming and costly unless you are prepared to do some of the renovations to your Mallorca property yourself .

Mallorca property has some fantastic villas all over the island, villas in the coastal regions can cost more than the inland regions although there are some especially large villas within real estate in Mallorca that are situated in villages that are becoming very desirable places to live, this type of real estate in Mallorca varies greatly in price depending on location, size and condition, many villas are individually designed and will cost considerably more than similar size villas of the same design, this type of Mallorca property usually comes with the luxury of its own private swimming pool, interiors have luxury fittings and quality furniture, floors are generally tiled, although it isn’t unusual to find wood flooring in property in Mallorca, garages and/or parking space for more than one car is standard with most villas and apartments however large or small.