Why Invest In Property Development In Mallorca?

February 3, 2023

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Beautiful Mallorca, the largest island in the Balearic archipelago, is a highly sought-after destination for property investment. Known for its stunning landscapes, warm weather, and vibrant culture, it is easy to see why so many people choose to invest in property development on this paradise island. With Mallorca’s airport being an easy and often direct access for most of Northern Europe and North America, it has become greatly accesible and the ideal holiday destination. Therefor, in this article we will explore why Mallorca is the ideal location for property investment and why it should be at the top of your list when considering your next real estate venture. 

High Property Appreciation Value

Investing in property development in Mallorca is a smart move, with the island’s property market experiencing steady growth in recent years. With so many people looking to purchase properties on the island, demand is high, and prices are likely to continue to rise in the future. This means that investing in property development in Mallorca is a safe and secure way to potentially maintain steady economic growth and ensure a comfortable future.

Investing in New Mallorca Property Developments

Investing in new developments in Mallorca has become more and more popular in the recent years. The market for new property developments is booming! The newest data shows a significant increase in the total sales transaction volume in the region. During the first and second quarters of 2021, it has surpassed 390 million euros, nearly doubling the amount recorded in the same period of 2019, which was 190 million euros. Despite the impact of the pandemic, the total sales transaction still managed to rise slightly, reaching 212 million euros in the first and second quarters of 2020 (Majorca Daily Bulletin, 2021).

Warm Weather All Year-Round

Aside from being a good investment location for new developments, Mallorca has so much more to offer! Mallorca’s warm climate is one of its biggest draws, with temperatures ranging from the low 60s (16C) in winter to the high 90s (30sC) in summer. This means that you will be able to enjoy the sun and the great outdoors all year-round, whether you’re looking to relax on the beach, explore the island’s natural landscapes, or enjoy its vibrant nightlife.

Walking Distance to Beautiful Beaches

Mallorca is renowned for its beautiful beaches, and considering the size of it, you will never be too far away from the coast. Investing in property development in Mallorca means that you will have easy walkable access to some of the most picturesque beaches in the world. Whether you are looking for a place to soak up the sun, swim in the warm Mediterranean Sea, or take a leisurely walk along the shore, Mallorca’s beaches offer something for everyone. And, if what you like is to have a tasty cocktail on the beach with your feet in the water, Mallorca’s beach clubs like Nikki Beach and Puro Beach to mention a few, offer you that possibility too.

Quick and Easy Access to the Town Center

One of the biggest advantages of investing in property development in Mallorca is the ease of access to the town center, surrounding shops and services. With a well-developed transportation system, you will be able to reach the heart of the island’s vibrant cities and towns with ease. Whether you are looking for a quiet and peaceful retreat, or looking for a bustling and dynamic environment, you’ll find it all in Mallorca. Even more so now, with the plan to incorporate a new tram railway system operating directly from the airport to Palma center (and vice versa), transportation will be cheaper, safer, and more reliable than ever! (Majorca Daily Bulletin, 2021)

Fun Activities All Year Round

Mallorca is also an excellent destination for outdoor enthusiasts, with a range of activities to choose from, including mountain climbing, mountain biking, hiking, yacht charter, sailing and more. The island’s rugged landscapes, stunning scenery and calm seas provide a backdrop for a range of exciting activities that are sure to get your adrenaline pumping. Whether you are Conor McGregor the mixed martial artist (Majorca Daily Bulletin, 2021), a seasoned pro, or a beginner, Mallorca has something to offer for everyone who loves the great outdoors.

Conclusion

In conclusion, Mallorca is a destination that offers a perfect balance of relaxation, excitement, and investment potential. With its stunning beaches, quick and easy access to the town center, fun activities like mountain climbing, mountain biking, yachting, water activities, warm weather all year-round, and high property appreciation value, it’s no wonder why so many people choose to invest in property development on this beautiful island. So, if you are thinking of moving to Mallorca, why not take the plunge and invest in your future today?

Interested in potentially making the smartest property investment decision of the year 2023? Get in touch with us and speak to one our professionals. Or, you could have a look at our most recent new investment projects for sale by clicking here.

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