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When is the right time to sell a property?

Balearic Properties is always focused on offering top quality properties with the right value for money factor. We not only advise our clients in important real estate issues, but also with regards to the various island locations, lifestyle, trends and infra-structure. Our friendly, dedicated and dynamic team is eager to support you in researching your dream property and to advise regarding the best purchase structure in accordance to your requirements.

In general, the sale of a property is an important decision, which affects many aspects in the life of the vendor. In addition to financial effects, of course, a personal change is also involved and that is why a lot of consideration is needed to decide when best to make a move. Of course, it is not always possible to wait for the perfect sales moment, but there are some basic rules, especially here in Mallorca.

First you should be clear about the goals you hope to achieve by selling your property. NEVER act rashly, because in hindsight you will seriously regret it. In the best case scenario, you should schedule a few months, so that everything is dealt with without hectic and stress. Nevertheless, in the event that an owner is in a hurry to sell his property here in Mallorca where, under normal circumstances, the real estate scene changes fast, it makes sense to seek the advice of an agent. An agent disposes of a very good network of contacts and can so accelerate the sale a lot.

Taking a look at the market prices on the island, we can see that we are currently in quite a good period regarding property sales. The world is on the road to recovering from the financial crisis and on Mallorca, which, as opposed to the Spanish mainland, was not in any case as strongly affected due to the enormous tourist revenue, prices have begun to increase again in recent years.  

Which prices are currently being traded on the island?

To answer this question, it is advisable to keep your eyes and ears open. You get a realistic picture of the market value of your own property when you research the prices of similar properties with comparable properties in a comparable location. If you want even more detailed information, you can have an evaluation of your property carried out by a real estate agency.

How is the market value of a property determined?

In order to assess the exact market value of your property many factors must be considered. The size in m2s, the location, the interior and, of course, the condition of the property must be considered. Here in Mallorca, where the real estate scene can change rapidly and there is a high demand, you can therefore achieve a significantly higher market price compared to similar properties in the UK. Our sales experts at Balearic Properties will be delighted to evaluate your property and give you a professional indication regarding the final price you might be able to achieve for the sale.

  • How is the market price for a property determined?
  • Which market price leads to the maximum final sales price?
  • Should you employ an agent or take the house sale into your own hands?
  • What has to be considered regarding the sales contract and the following process?
  • Which are the most frequent mistakes that can happen during the property sale?
  • Do I need an energy certificate for my house sale? What do I have to be aware of?

6 reasons to sell your home with us

A reason to sell your home with us
1

Our experience
The company has been firmly established since 1999

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A reason to sell your home with us
2

Our reputation
We are a reputable and respected company

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A reason to sell your home with us
3

Locations
We have a total of 3 offices on the island

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A reason to sell your home with us
4

Our Team
Multi-lingual experts with years of experience in Mallorca’s property sector

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A reason to sell your home with us
5

Client base
A yearly increase of over 1800 new clients

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A reason to sell your home with us
6

Our internet presence
Maximum Google presence with top ratings

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How can I sell my property faster

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With Balearic Properties you'll ensure a maximum exposure for your property in Mallorca or Ibiza with amazing results

Tips and advice from our professional sales agents

Foreign residents with children at school will be delighted to know that driving to…

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Tips and advice from our professional sales agents

Foreign residents with children at school will be delighted to know that driving to…

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Tips and advice from our professional sales agents

Foreign residents with children at school will be delighted to know that driving to…

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