The weak pound and dollar along with property prices falling in the USA and UK have had an effect on property prices in Mallorca. It means that Mallorcan property developers and estate agents are under pressure and that there are numerous investment opportunities for investors looking to buy properties at below market value. Savvy property investors are beginning to pick up bargains with our help as we have three offices in Mallorca with agents who know the property markets and where the bargains are to be found.
Mallorcan property may continue to fall for a while yet, but providing you are able to buy at below current market values, are able to act swiftly and allow us to negotiate on your behalf, great deals can be done providing you are investing with a medium to long term view. Mallorca is a buyers market, property developers and estate agents have to makes sales and are prepared to negotiate deals.
When property prices start to fall and the market is sluggish, Mallorca is no different to anywhere else and the hard headed investor who is looking for a killing can make hay whilst the sun shines. Wait too long in the hope that property prices will fall even further and you could miss the boat. Investing is about buying when the market is working in your favour and Mallorcan property developers and estate agents are struggling to make sales. It is just about ensuring that you pay the price you want and not letting your heart rule your head.
We have property finders on the ground in Mallorca, who will help and advise you free of charge. Our job is to help you find the right property and we are constantly being updated by developers and vendors who are willing to negotiate.
We can also help you with:
- Mallorcan currency property exchange
- Find the best property deals in Mallorca
- Flights to Mallorca
- Mallorcan mortgage brokers
- Removals to Mallorca
- Holiday rentals in Mallorca
- Hotels in Mallorca
- Search for property for sale in Mallorca
- Low cost car rentals in Mallorca
Property prices may continue to fall but provided you negotiate and buy below the current market value, you will see a return on your investment. The mistake is waiting too long in the hope of buying a property in Mallorca at the lowest price. It is a buyers market now and you should be prepared to haggle or walk away. Wait too long and property prices will start to rise again and it becomes a sellers market and that is not a good time to be investing in property in Mallorca.
Our Mallorca property finders are constantly being advised about investment opportunities because vendors and property developers who have to spend a lot of time dealing with dreamers and information gatherers know we only represent the serious buyer. So if you are serious about buying a property in Mallorca and want to pick up a great deal, get in touch.
Head office Pollensa: 0034 971 53 22 21
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