Mallorca holiday home market review by Engel & Völkers (Spring 2010)
- Spring brings out potential buyers – Sales double over this time last year – Buoyant short rental market – Prices stable – no price increases anticipated – Some Spanish banks start lending to foreigners once more Palma de Mallorca, May 2010. The spring sunshine and an early Easter appear to have brought more optimism [...]
Mallorca Property Market Update
Mallorca Property Market Update – May 2010 by Jan Westwood of The Property Finders. New builds in Mallorca Figures just released from the Housing Ministry reveal that Spain had a total of 688,044 newly built and unsold homes at the end of 2009. Half of these homes are in three main regions – Valencia accounts [...]
Mallorca Property Market Report 2010
A report looking at the property market in Mallorca. By Jan Westwood of The Property Finders. Mallorca Property Market Overview 2010 The property market in Mallorca has certainly been affected by the global downturn but you cannot lump the Balearics together with the rest of Spain, in particular the mainland costas, where over development has [...]
Window of opportunity for prime property buyers in Mallorca
Something is stirring in Mallorca’s property market. The overall market still looks depressed, but look a bit closer and you find that the quality segment is coming back to life. A window of opportunity has opened up for buyers who want the best at a reasonable price. That window won’t stay open for ever.
Wonder how long this Mallorca penthouse will stay on the market?
It’ll be interesting to see how long this property stays on the market. It’s a 1-bed, 1-bath 90m2 penthouse in Palma outskirts, close to the beach, with superb views, asking price €260,000.
keep looking »
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