Real estate investments on Mallorca, and in particular in the luxury segment, are in high demand.
Anyone wishing to purchase a property on Mallorca at present will have to choose from a much smaller range in comparison to last year, as well as making a quick decision and paying a higher price. So say the results of an independent market research study.
Property prices have increased by 40% over the past 7 years, and the trend continues due to the constant high demand and limited supply. As one of the most attractive places in the entire Mediterranean region, Mallorca’s elevated value makes it a safe place in which to invest in real estate.
Anyone acquiring a property on Mallorca, whether as an investment, a holiday home or to live in all year round, can be confident of the stability of the market. Real estate prices in the premium segment have not been affected by the consequences of the COVID-19 pandemic, and have remained stable.