Mallorca is the most popular tourist destination in the Iberian peninsula. With 300 days of sunshine every year, 23 golf courses, 25 marinas, as well as some of the most stunning scenery in Europe, it’s no wonder the island’s airport has beaten last year’s visitor numbers, while hotels in Mallorca are reporting a ten point increase on the occupancy figures from May last year.
Son Sant Joan Airport has posted record traffic so far this year, with 2.5 million people using the airport in the last month alone. Coupled with visitor numbers increasing by 6%, this is great news for Mallorca’s property market, boosting buyer confidence and renewing excitement in the much-loved Golden Isle.
Marc Pritchard, Sales and Marketing Manager for leading Spanish house builder Taylor Wimpey España and a resident of Mallorca comments,
“The rising number of tourists to the island has translated into the property market, with many holidaymakers choosing to make their stay more permanent.
“Our sales figures show Mallorca continues to have broad appeal amongst discerning buyers around the world and properties in prime locations are continuing to sell well.”
Indeed, demand for property in Mallorca remains high, with over 54,000 EU residents (19,623 of whom are British) now living in Mallorca permanently. The island also boasts an estimated 60,000 second home owners from the UK.
Accessibility is a key factor for many of those buying first or second homes abroad and is oneofthe reasons that Mallorca‘s property market is flourishing. New routes from Scunthorpe and Portsmouth, with reasonably priced flights of around two hours, have added to the already extensive network of flights between the UK and the Golden Isle. Links between Mallorca and the rest of Europe – particularly Germany and Scandinavia – have further added to the trend.
According to property portal Kyero, the average Balearic Island property costs €458,000, more than double the average Spanish mainland property cost of €220,000. The difference is a sharp reflection of the high end accommodation available on islands such as Mallorca, as well as the huge variety of outdoor activities and leisure pursuits that the Balearic Islands offer.
But purchasing a property on Mallorca doesn’t need to break the bank if you take the smart approach. Taylor Wimpey España is offering two bedroom apartments at its El Puerto II new development for just €149,500. The apartments are located on the south east coast of the island, close to the glamorous Marina de Cala D’Or. With three communal swimming pools, the properties are surrounded by outstanding natural beauty as well as local locations offering activities such as water sports, biking and golf.
For those eager to purchase their dream Mallorca property without delay, the company is also offering key-ready, sleek and contemporary homes at Aires de Pollensa.The properties offer a winning combination of peaceful surroundings and beautiful views, matched with a wide array of popular facilities around the port. The closest attractions include golf – notably the famous nine hole Pollensa golf course – as well as cycling routes, kite surfing, sailing and diving schools. A host of traditional restaurants completes the idyllic location.
The modern three-floor development has two and three bedroom apartments available from €275,000, with spacious terraces and private gardens in a gated community, alongside parking facilities and a dazzling communal pool.