Majorca Property News

Mallorca Real Estate: demand and prices rise again


The real estate agent AM Inmobiliaria y Promociones Property Mallorca SL reported back by rising prices and increased demand for property in Mallorca.

About Easter in Mallorca have been sold so many homes like it was a long time. The real estate in the southeast of Mallorca in the first quarter 2010 revenue growth of 80% rich in comparison to last year. The number of visits to the home page approaching the 100,000 per month. A clear plus of qualified inquiries from more than 15% is a further indication of a significant upturn in the property market in Mallorca.

As a true revenue driver, the commercial real estate division has particularly excelled. Hotel properties, shop premises and land in industrial parks for foreign and domestic investors as attractive as ever. In particular, the industrial estates in Llucmajor, Santanyi and Felanitx are in demand because of lucrative prices and excellent infrastructure. Hotel properties are sought primarily at the Playa de Palma and the south east of Mallorca. Positive have also developed the applications for high-quality country hotels and Agroturismo - fincas.

While the demand for high-end luxury real estate has never waned, was the slump in the middle and lower segment of the last two years clearly noticeable and the prospect could expect significant price reductions. This valley seems to overcome, however. In about 20% of real estate deals in this segment in recent days by the sellers until now granted discounts reversed. A clear signal it with the property market in Mallorca again goes up.

Extremely successful and the trend is on the passive house sector. As Ronald Sagstätter manager of the Passive manufacturer "Casa Pasiva Mallorca SL
informs the planning stage for the opening of more branches in full swing to be the increased customer interest meet later this year. Planned sales and consulting offices in Palma's new luxury shopping mall "Son Moix" over the stadium in La Vileta and in Portals Nous.