2008 Report (index)
This report on property in Mallorca has been written by Jan Westwood of The Property Finders Mallorca. The Property Finders are buying agents who represent the buyer, not the vendor. For Jan Westwood’s contact details see The Property Finders.
Property in South West Mallorca (Majorca)
The southwest corner of Mallorca is the most developed part of the island.
Property prices are high due to its infrastructure and proximity to the best golf courses, marinas and Palma.
All year round life is guaranteed unlike other parts of the island, which can be too quiet for some in the winter months.
The most popular stretch runs from Bendinat/Puerto Portals via Santa Ponsa to Andratx.
The motorway extension to Paguera, which cut the journey last year from Palma to Puerto Andratx by ten minutes, has generated more interest in S’Arraco and San Telmo further west.
Property for sale in South West Mallorca
Good, sea view plots for construction are virtually non-existent now in the south west of Mallorca and there are fewer and fewer plots left where a licence to build apartments is likely to be granted.
The additional costs of constructing smaller communities on unfavourable sites (steeper slopes, difficult access etc) are passed on to the buyer.
Consequently, you will have the choice of buying a new apartment at considerable cost in a second rate location, or an older apartment in a great spot which may still need renovation.
Property prices in South West Mallorca
Expect to pay at least €395,000 for a two bedroom apartment, more if it has seaviews. An apartment with frontline seaviews may cost €475,000 upwards, and possibly need some renovation. Remember that all the best coastal locations were taken by developers in the late 80s to mid 90s.
You will also pay a premium for renovated apartments overlooking a golf course. Fincas and detached properties with seaviews now fetch €1.2m upwards whilst villas in highly desirable locations such as Puerto Andratx cost €1.5m – €3.0m and more.
© Jan Westwood (The Property Finders)