Majorca Property News

Property Mallorca: the demand for Majorca homes is rising again

In the last year period 2001 and 2005 was in Mallorca, the German real estate market as good as dead, what was the eco-tax, local building authorities and the Majorcan recession has been triggered. In recent years the interest in real estate rose again, and not only in price areas of less than 1.0 million, but also in the field of luxury real estate. According to surveys, the current sales ratio is 43 percent for British property buyers and 19 percent of German real estate buyers.
The general conditions and restrictions proposed by the Government of the Balearic island of Majorca Damil were the triggers that sank in 2001 and 2002, the clientele of the German demand for Mallorca property by 30 to 40 percent. In return, grew steeply in the purchases of the British.
Meanwhile, the aircraft from Germany are once again full of passengers and the utilization of the hotel again shows improvement. A survey showed that the holiday is no longer used by the German tourists only as a holiday.

Many respondents commented that they look around, even after a holiday, a holiday property or retirement residence. This survey was conducted by market research institute on behalf of Icon LBS. Nowadays, everyone has Zehne vacationers interested in a place under the sun of Spain, especially in Mallorca.
The times are long gone when Mallorca was even dubbed as Putzfraueninsel. Today, there are sizes from show business, television and sport with its own seat on the holiday island. Some have even moved their primary residence to Mallorca. Also found in Mallorca a variety of German firms or freelancers. Especially from the new media professions, such as web agencies. Even the top executives from numerous DAX companies are now live on the sunny island of Majorca.