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Follow on Google News | Five of Spain’s Ten Most Expensive Property Hotspots are in the BalearicsWith Spanish property market recovery in full swing, new research has shown that five of the top ten most expensive property hotspots are located in the Balearics. Palma also revealed as one of the three major cities where prices rose the most.
By: Mallorca Sotheby's International Realty Analysis by Tinsa, the specialist property valuation consultancy, put Calvia second in Spain for property values at €2,520 per square metre behind only Sitges at €2,694 per square metre. Following on behind in the top ten locations in Spain come Andratx (€2,422/m²) Alejandra Vanoli, Managing Director of Mallorca Sotheby’s International Realty (http://www.mallorca- Further examination of the findings from Tinsa suggest that the Balearics weathered the storm of the Spanish property market price ‘correction’ Palma was also highlighted by Tinsa as property transactions increased by more than 50% in 2014, higher even than the mass-volume markets of Torremolinos and Benalmadena. In fact, luxury bricks and mortar is seen as one of the main drivers behind the strength of the Balearic property market. Tinsa’ This news coincides with figures released by Enaire stating that a record number of private jets and air taxis used Palma and Ibiza (http://www.ibiza- On the Market in Mallorca: Ref 7159 – Villa, Son Vida (http://www.mallorca- This villa with wonderful views of the bay of Palma and the Cathedral is situated in the golfing residential community of Son Vida, just a few minutes from the city centre. With spacious and airy accommodation and high-end fittings in a traditional style, the interior is as impressive and the views from the large terraces. With its own gym, sauna, wine cellar and separate conference room, this property is ready for work and play. This villa with wonderful views of the bay of Palma and the Cathedral is situated in the golfing residential community of Son Vida, just a few minutes from the city centre. With spacious and airy accommodation and high-end fittings in a traditional style, the interior is as impressive and the views from the large terraces. With its own gym, sauna, wine cellar and separate conference room, this property is ready for work and play. Five Bedrooms, Five Bathrooms Built Area 880m², Plot Size 3,000m² Price 3.5 million euros (approx 2.45 million pounds) Contact Mallorca Sotheby’s International Realty on (+34) 971 721 000, palma@mallorcasir.com or visit www.mallorca- Ref 6988 – Villa, Port Andratx (http://www.mallorca- Stunning villa in an excellent location, with unique sea views towards the Yacht Club of Port Andratx. Set on a plot of land with an impressive entrance and beautiful gardens, this all-en-suite four-bedroom property was completely renovated using high quality materials. There is also an illuminated infinity pool, rooftop terrace with Jacuzzi and plans in place for an additional guest house in the grounds. Four Bedrooms, Four Bathrooms Built area 350m², plot size 2,374m² Price 8.8 million euros (approx 6.1 million pounds) Contact Mallorca Sotheby’s International Realty on (+34) 971 674 807, andratx@mallorcasir.com or visit www.mallorca- -ends- for further press information or photography please contact Paul Collins on paul@purplecakefactory.com or call 00 44 (0)7779 720 332 End
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