Cheap Property for Sale

Palma Property has increased considerably in the past years getting a huge reputation known as “the new Barcelona” in a a smaller version. This beautiful, historic town on the coast is increasingly asserting itself as a cultural capital (not least since the opening of the trendy Es Baluard art museum) and a chic and cosmopolitan city, as seen in the proliferation of exquisite boutique hotels in converted palaces. As a result, growing numbers of new converts to Mallorca are seeking holiday homes around the capital instead of scooting off to other areas of the island.

Property in Palma de Mallorca is now cheaper than 5 years ago. Some developers are in need to sell their Apartments in the old town in order to move on with further new developments. Though Palma de Mallorca boundaries stretch 15km along the coastline from s’Arenal in the east to the cosmopolitan districts of Cala Mayor and San Agustin in the west, the city itself is relatively small, so everything is within walking distance (underground parking is abundant making access by car easy).