Mallorca Property
Mallorca property has tended to fair far better than the Costas of Spain due to the facts of the Island having much stricter planning laws, much less oversupply of property, a different lifestyle to the mainland Spain and most importantly it is known as the Kings island as this Island is the favourite place of the King of Spain. However even Mallorca is not immune to the property slowdown and for the first time in Mallorca in a very long time it is possible to buy some good property for under €150,000 which would have been unthinkable even a year ago.
Spanish Hot Properties Managing Director strongly believes property buyers in Mallorca have a very short window of opportunity to buy at these incredible prices. “The reality of the situation is very clear and it is my view that these bargains won’t be here in 2010 because of the laws and fundamentals of the Mallorca property market and lets not forget you cant buy anything in prime locations for under €200,000 and whilst there is much better value in Costa del Sol there is no doubt from an investment point of view Mallorca represents excellent value as there is much less available stock to be taken from the market.” explained Nick.
So for the first time in a long time people have an opportunity to buy property in Mallorca at affordable prices and the big question is will they take it.
Anyone wishing to find out more about property in Mallorca should contact Spanish hot properties by phone or email as soon as possible.
HQ Mailing Address:
Spanish Hot Properties SL
Gerald Brennan 46
Alhaurin El Grande 29120
Malaga
Espana
CONTACT VIA TELEPHONE
UK: 0207 558 8355
International:
Email; info@spanishhotrpoperties.com
Website: http://www.spanishhotproperties.com/
Photo:
http://www.prlog.org/
