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Follow on Google News | Balearics Lead the Way for Foreign and High Price Tag Property SalesOfficial figures from the Land Registry out this month show that in 2013 the Balearics had the highest number of property sales to foreign investors in Spain, as well as the highest number of sales over half a million euros.
By: Mallorca Sotheby's International Realty Daniel Chavarria Waschke, Managing Director of Balearics Sotheby's International Realty, with offices in Mallorca (http://www.mallorca- British, Russian, Swiss, Scandinavian and, to a lesser extent, Germans, were the main nationalities represented in the Balearic property market in 2013. In fact 83.4% of foreign purchases came from those within the EU, with the remaining 16.52% coming from non-EU countries, with Russia in the lead. The areas of most interest are all within Mallorca, namely Port Andratx (http://www.mallorca- “Put simply, the Balearics are a wonderful place to own a home”, says Daniel, “Building regulations have been tight for years, a large chunk of the land is construction- “I also suspect that the new Golden Visa (http://www.mallorca- In related news, the Balearics has also been named the region with the highest percentage of registered foreign residents in Spain, with 18.3% of the population as at 1 January 2014, according to the National Institute of Statistics. On the Market in Ibiza: Ref 6609 – Villa in San Jose, Ibiza (http://www.ibiza- Accessed by remotely-operated electric gates and a white gravel drive, this state-of-the- 12 Bedrooms, 10 Bathrooms Built area 600m², Plot size 21,000m² Price 4 million euros (approx 3.25 million GBP) Contact Ibiza Sotheby’s International Realty on (+34) 971 31 07 99, ibiza@ibizasir.com or visit www.ibiza-sothebysrealty.com. Social media: www.facebook.com/ On the Market in Mallorca: Ref 6635 – Villa in Calvia, Mallorca (http://www.mallorca- Recently built to a modern specification, this countryside villa with swimming pool is set just on the outskirts of Calvia village. The tower-shape entrance hall leads directly to a spacious living / dining area and open-plan kitchen. Also at ground floor level is a study and two en-suite guest bedrooms. A spiral staircase leads to the generous 100m² master suite with dressing room, laundry room and various comfortable terraces. The basement boasts large rooms suited to a gym, home cinema or wine cellar as well as garaging for two cars. In addition, there is separate two bedroom one bathroom staff accommodation with a living room and kitchen. Five Bedrooms, Four Bathrooms Built area 550m², Plot size 30,000m² Price 3.9 million euros (approx 3.18 million GBP) Contact Mallorca Sotheby’s International Realty on (+34) 971 72 10 00, palma@mallorcasir.com or visit www.mallorca- -ends- for further press information or photography please contact Sarah Drane on sarah@purplecakefactory.com or call 00 34 607 564 726 End
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