Baleares
We develop projects at a national level. with designs, qualities, finishes and well thought out locations. so that you can find your dream home.
If you're considering the option of finding a new property in Mallorca, with the view to living in this paradise destination, then please read on.
We'll talk about the best areas of Mallorca and the Balearic Islands to find a good opportunity in new construction. The evolution of property prices in this area and give some valuable tips for anyone looking to find their dream home here
The property market in MallorcaServices: New-build homes in the Balearics not only offer living space, but also a wide range of services that raise the quality of life of their residents. From well-designed common areas to modern facilities, these projects incorporate services that go beyond the conventional. Swimming pools, gyms, green areas and advanced security systems are just a few examples that enhance the experience of living in these properties.
The Balearic Islands have developed a large tourist population growth, which has boosted property sales in recent years. The property market is one of the strongest sectors in Mallorca. With a large amount of demand and a supply that tries to cope with the influx of people who come every year to work, or choose this paradisiacal destination as the perfect place in which to invest in a home, either to live, or to rent out or as your second home on the beach.
The lack of supply and the growing foreign demand will keep prices rising. The housing market in the Balearics is driven by foreigners, who buy one out of every three properties sold in the Balearics, double the national figure.
New build developments in the Balearic Islands offer a range of services that go beyond the conventional. From contemporary design to sustainable technologies, these homes incorporate the latest advances to meet the needs of the modern buyer. In addition, the construction is of the highest quality, using premium materials to ensure durability and comfort.
Opting for new-build homes has a number of advantages for the buyer that are worth highlighting.
Services: New-build homes in the Balearics not only offer living space, but also a wide range of services that raise the quality of life of their residents. From well-designed common areas to modern facilities, these projects incorporate services that go beyond the conventional. Swimming pools, gyms, green areas and advanced security systems are just a few examples that enhance the experience of living in these properties.
Quality: One of the main advantages of new build properties in Mallorca is the excellence in construction qualities. Using top quality materials, these properties stand out for their durability, energy efficiency and resistance. The incorporation of the latest innovations in construction guarantees a modern and functional home, adapted to the most demanding standards.
Design: Cutting-edge design is a distinctive feature of new build homes in Mallorca. These properties are built with meticulous attention to architectural detail and contemporary styles. From the distribution of space to the selection of finishes, the design of these homes reflects the latest trends, providing an aesthetically appealing and functional environment.
Exclusivity: Exclusivity is a hallmark of new build homes in Mallorca. As projects are generally limited in number of units, owners enjoy a unique sense of privacy and exclusivity. Careful planning and a selective focus on detail make each property unique, adding an exclusive touch to the lifestyle of its residents.
Ease of marketing: The sustained demand for property in Mallorca makes new-build homes easily marketable. The combination of quality amenities, contemporary design and the exclusivity associated with these properties makes them attractive options for buyers and investors. The ease of putting them on the market streamlines the sale or rental process, offering flexible options to owners.
Guarantee: Security and peace of mind are guarantees that accompany new-build properties in Mallorca. Builders often offer structural and installation guarantees that provide protection for owners during the first years of ownership. This guarantee not only offers peace of mind, but also demonstrates the builder's commitment to quality and customer service.
Taken together, these advantages position new build homes in Mallorca as attractive property investments and guarantee a high quality living experience in this Mediterranean paradise.
When it comes to buying a home, we usually consider two options: buying a second-hand home or a new-build property. it is very likely that you will hesitate between the two, so we should inform you of the advantages offered by the latter:
A completely new home that will not require any additional renovations before you can move in.
Possibility of personalisation thanks to the fact that if we buy off plan (at planning / construction phases) we are offered a series of extras to choose from: type of flooring, finishes, designs, colour of the walls, bathroom fittings... thereby enjoying a home that is very different to your neighbours.
Energy efficiency is another of the strong points of this type of housing as more and more people are committed to building sustainable houses respecting the environment and with very low consumption due to very good insulating materials used. In the long term this impacts positively on our electricity bills.
Common areas and better facilities as more and more attention is being paid to these spaces when deciding what kind of home we want.
Locations in booming and expanding areas with a wide range of shops and pharmacies, as well as services such as schools, health centres and good transport connections to and from the city.
At Aelca we have been working in this area for many years and we can offer houses adapted to all types of needs and located in the best plots of the island.
Palma
When the summer season in the resorts is over, the main advantage of living in the centre of Palma is that the city is busy all year round. As it is generally a tourist area with good weather most of the year, it tends to be busy all the time, both with locals and tourists.
Calvia
Calvia, located on the island of Mallorca, Spain, is a paradise for those seeking authenticity, natural wonders and outdoor adventure. This enchanting place encompasses not only the charming town itself, but also popular destinations such as Santa Ponça, Peguera, Magaluf, Palmanova and Portals Nous.
With a unique blend of mountains, countryside and beaches, all just a 20 minute drive from Palma, Calvia offers a versatile and captivating landscape that you will enjoy exploring.
Buy-to-let in the Balearics
Buy-to-let in Mallorca is a sound investment strategy. The rental market on the island enjoys an established demand, thanks to the constant influx of tourists and temporary residents. Investing in new construction for rental purposes can generate attractive passive income.
Property prices in the Balearics
To understand property investment, it is crucial to analyse the evolution of the price per square metre in the Balearics. Although prices have risen, investment in new construction remains competitive, offering excellent value for money.
Property prices in Mallorca have increased by 6.4% in the last 12 months. In the last 3 years, the price of flats and houses has increased by 7.6%.
The average price of houses currently on the market is 950,000 €. The selling price of 80% of the properties is between 220,000 € and 4,200,000 €. The average price per m² in Palma is 3,848 € / m².
The average price of flats currently on the market is 380,000 €. The selling price of 80% of the properties is between 180,000 € and 1,300,000 €. The average per m² in Palma is 3,477 € / m².
In short, Mallorca presents itself as an unrivalled destination for those interested in new construction. From the fascinating developments in the property market to investment opportunities in the best areas, this article provides a comprehensive and accurate overview for those looking to explore new build developments in the jewel of the Mediterranean.
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