BUYING AN APARTMENT IN MALLORCA
Condominiums and apartments are among the most popular types of real estate on the island. The Balkan island offers not only a range of exclusive locations but also great investment potential. Thanks to the diversity of different styles, architectures and sizes, buyers are sure to find the perfect choice for any preference.
Why you should buy an apartment in Mallorca
There are lots of reasons to take a look at apartments for sale in Mallorca, as it is a prime vacation destination offering a wide range of high-end condominiums in lots of different areas, whether you are looking for a luxurious apartment or one that needs to be completely refurbished. Demand for apartments in Mallorca is consistently high, and the island is considered one of the most dynamic real estate markets in Spain.
What types of apartments are available?
Condominiums in Mallorca come in an enormous variety of sizes – from studio apartments to large penthouse suites with at least 4 bedrooms, and lots of other configurations. The same goes for exteriors – some apartments have none at all and in some cases, the plots are nearly again as big as the apartment itself. What type of apartment you decide on depends on your budget and the amenities you are looking for. If you would like to get an idea of the type of apartments being offered for sale in Mallorca, take a look at our exclusive selection of listings.
Is it better to buy a new apartment in Mallorca or to refurbish one?
There is no one right answer to this questions, as both options have their pros and cons. If you decide to buy a new apartment in Mallorca, you can expect it to have a top-quality interior and be ready for occupation immediately. However, you should expect the price to be higher. The premium can quickly add up to the cost of a renovation. Buying an apartment that needs to be renovated means that you can redesign the property according to your preferences and needs and – usually – pay a lower purchase price than you would for a new apartment.
WHICH APARTMENTS IN MALLORCA ARE THE BEST INVESTMENTS?
Virtually all apartments offer good investment potential. If you plan to buy a property for your own use, you will benefit from increasing value in the medium term should you decide to sell it. If you intend to rent the apartment – either as a vacation rental or long term – the potential lies in the return you can achieve on your investment. Both markets are very dynamic and offer good returns. As with all property purchases, you should take your time selecting your location and type of property, and contact a real estate consultant for professional advice on finding apartments on the island with top potential.
Looking for the perfect apartment to buy in Mallorca?
If you would like to buy an apartment in Mallorca, our three offices on the Mediterranean island are available any time to assist you. Our real estate agents at DAHLER & COMPANY have broad expertise on the individual regions and know the market in depth. Our colleagues are also trained regularly on all topics relating to real estate. Moreover, thanks to our over 50 branch offices in Germany, we have a large network of consultants, interested buyers and property owners at our disposal, so you can reap the greatest possible benefit from working with DAHLER & COMPANY for your real estate purchase.