Turismo
Majorca Real Estate: Clear Price Differential From West to East
There are around 4,000 properties in Majorca on sale on the Internet at the moment according to the , which has examined and analysed the local real estate market on behalf of the real estate broker Porta Mallorquina. The results have been published in the and provide a of the current market situation in Majorca .
The study shows that are primarily determined by location and fit-out. As one would expect, the level of quality is high on the island, with . Around half of the properties on sale feature a superior or luxury fit-out. in the western regions of Southwest and Northwest, and in the Palma area, are around one-third above the , which the researchers have calculated to be . Prices decline going west to east, with the . The average price here is € 2,950.00/m².
For investors, the are especially . An unobstructed view of the Mediterranean gives rise to an average mark-up of 23% in Majorca . The more limited the number of available properties in this segment, the higher the mark-up. In the , the mark-up for .
You can download all charts, figures and the full study free of charge here: http://www.portamallorquina.com/blog/market-study-holiday-properties-mallorca/
Ulrike Eschenbecher
C./ Colom 20 2º
E-07001 Palma de Mallorca , Illes Balears
T. +34-971-698-242
info@portamallorquina.com
More Information about Porta Mallorquina:
http://www.portamallorquina.com