The real estate market in the Southeast of Palma


At the end of last year the real estate market in the Southeast of Palma again recorded a price increase for apartments and villas between 8% and 15%. This increase in prices is due to the growing interest in that region of the island. The continuously increasing infrastructure and the favourable prices compared with the ones in the Southwest of the island attract those who are looking for peace and less tourism although having only short distances to Palma, to several beaches and beach clubs and being perfectly connected to the airport.

Being reserved to the locals until a few years ago buyers are now international in this area. This is also reflected in the fact that you can find various international banks and restaurants. Many service employees speak English or German fluently. Nevertheless, it is the typical Majorcan flair that is also often reflected in the architecture which makes this area so special.


Due to favourable loan terms and low bank interests it is worth investing in a property on Majorca, not only in order to own a holiday home or make money by renting it during high season, the increase in value provides an attractive return, as well.

Furthermore, with regards to the present market situation, it has to be considered that luxury fittings become more and more important, therefore properties in need of some refurbishment are especially profitable, because investments in heating, insulation, new bathrooms and new kitchens, etc. result in a significant gain when selling the property in the future.

Due to the continuously positive market development in the real estate sector in the Southeast of Palma during the last few years, it is highly recommendable to purchase a property as an investment in order to sell it after a few years with a corresponding increase in value.

You invest in a growing and developing area which becomes more and more popular, because here you get much better value for the money than for example in the Southwest of the island.


Patio


The South of Majorca impresses due to its picturesque steep coasts, its incomparable sunsets and its original villages with their weekly markets far away from tourism and its nevertheless good traffic connection to Palma. Two beautiful golf courses in Maioris and Son Antem make the heart of any golf player beat faster, whereas all fans of water sports can pursue their passion at several beaches nearby. And the ones who would like to relax by enjoying a delightful cocktail or lunch can spend the day in one of the beautiful beach clubs.