Majorca Villas – Luxury in Mallorca

Isolated from the heavily built up mainland, Majorca villas offer some of the most desirable property purchases available. The residents of the island have little tolerance for planning applications to tear up their beautiful coast line, that’s why there is still a shortage of property in Majorca.

Some inland Mallorca properties can be purchased for quite low costs per square meter, and its still possible to get 100% finance on the right place, if you buy at the right price. Luxury Villas in Majorca will always command a premium price, even in today’s finance market and credit crunch.

Any Mallorca villa in a good location will still fetch a good rent as a holiday rental too. Owners who do holiday lets can expect to fill their villa for more than 6 months of the year, and usually have no problems to get bookings in any school holiday.

There are a limited number of properties for sale in Mallorca, most of them just put in real estate agents windows at much too higher prices, as there are just sellers testing the market.

Villas in Palma fairly close to the airport are always easy to sell, including those in areas such as Puerto Portals. If you want a real bargain property, you need to move to the island, rent an apartment and try and find a villa for sale direct from the owner. Even now, its just part of the culture to pay at least ten percent in black money, sometimes more where the seller has a large capital gain.