Mallorca property sees demand rise
Mallorca has experienced an increase in demand from
property investors, new figures reveal.
A report by property portal Kyero.com shows that more than half
of all the enquiries the firm received in the first quarter of this
year were for real estate on the Balearic island.
Findings further revealed that nearly one in five (17.1%) of all
enquiries made were for properties priced between ?300,000
(£260,000) and ?500,000 (£434,000), with most being for two
bedrooms.
Ignacio Osle, sales and marketing director of Taylor Wimpey de
Espana, said: "Mallorca seems to be receiving a touch of the Monaco
effect, attracting the rich and famous to our shores.
"The island is already noted for being fashionable, desirable
and fantastic for boat owners and beach lovers alike."
The capital, Palma, which was recently voted one of the five
leading Spanish towns for travel and tourism in 2010 by Exceltur,
emerged as the most popular location among property investors,
followed by Andratx and Puerto Pollensa, in the report by
Kyero.
Copyright Press Association 2011 | Jake Richards
