Mallorca’s luxury real estate challenges the Corona crisis

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Mallorca’s luxury real estate challenges the Corona crisis

Posted by Sandra on 11.02.2021

Viewings in advance by video call and purchase transactions by power of attorney via a trustee have become standard in times of Corona and the accompanying travel restrictions are reviving the still very active property market. Since the beginning of the pandemic, the high-end segment of luxury real estate on Mallorca has not only shown stable prices, but some of them are also more sought after than they have been for a long time. Above all, we have noticed a higher demand for properties in the countryside. Because the finca with lots of space and privacy is in demand as never before in times of lockdown and social distance. Mallorca is and remains very popular, despite the difficult developments and political tensions worldwide. The Balearic island with its political stability guarantees a safe environment for real estate investments in the future and remains one of the hotspots in the entire Mediterranean region.

Luxury properties in the southwest of Mallorca are still in high demand, especially in the municipality of Calvía (Bendinat, Puerto Portals, Costa d’en Blanes), Puerto Andratx and also in the noble suburb of Palma in Son Vida. But there is also a lot of demand for fincas in the Santanyi area, Ses Salines or in the centre of the island, in the area of Alaro or Santa Maria. Potential buyers should pay particular attention to the location and a good price-performance ratio. For wealthy clientele, the island offers a low crime rate and a high quality of life. Furthermore, Mallorca offers a first-class infrastructure of international schools, medical facilities and air connections.

Are you thinking about investing in your future and especially in a better quality of life for you and your family? Then now is the perfect time. We currently have approx. 1000 properties on offer (approx. 50% offline) and would be happy to give you a video tour of your dream home in advance. We look forward to getting in touch with you! Thank you for your trust and have fun discovering our real estate portfolio.

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