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Issues to consider when you decide to buy a Mallorca property

Many things to think about!

You have now definitely made up your mind that you want your own island home and are considering the selection process and all the other issues involved. Really it all boils down to three locations – coast, inland or town. Think about your budget verycarefully, a Mallorca villa near to the coast will probably be more expensive than one farther inland. An apartment in Puerto Pollensa on the famous “Pine Walk” with views over the Bay will be more expensive than one in a less exclusive area.

Remember, you will be spending a lot of your time in the location you choose. You may even wish to live there permanently one day when you retire, so do your research! If you are not too familiar yet with the area of your choice, try to make a trip over out of season, don’t just look around when the weather is hot, make sure you know what the climate is like during, say late autumn months.

Concentrate on issues other than just the Mallorca property itself

Also check things like local facilities, road networks and public transport and so on. Mallorca in particular has excellent roads and the public transport is nothing short of superb. You may have teenage kids and are not always in the mood to play their chauffeur during your holidays in your Mallorca villa! Are there other British people nearby who you can make friends with? It’s important that you choose somewhere that you will be happy to live in.

Another issue to consider is, for example, if you are buying your Mallorca property to rent it out, then it must satisfy some of the requirements that tourists often look for before renting the property like, contemporary amenities, its location, the view it offers, the space it has for living along with a rental price which justifies the amenities while being cost effective as well.

Similarly, if you are planning to buy the property for personal use only, then you must consider your priorities and the expectations you have from your Mallorca villa or apartment before indulging in the purchase.

Answer this check-list for inspiration!

Here are some suggestions to consider when making the final decision about your dream Mallorca home

  • Do you want a property on the coast or would you prefer to live inland
  • How far away is the nearest beach
  • Do you want a tranquil, rural location or prefer the buzz of Palma
  • Do you want to be miles from anywhere or right in the heart of one of the charming island villages
  • How much outside space do you need
  • Is the local public transport adequate
  • Are there bars, restaurants and shops nearby
  • What about health and social service facilities
  • Do you want to be near sports facilities – tennis, swimming, golf
  • Is there plenty of local entertainment to keep you and the family occupied

 

Perfect  for golf lovers – Bendinat apartment on the golf course
Perfect for golf lovers – Bendinat apartment on the golf course

The decision is made – time to get a good team together!

Having a good ‘team’ consisting of estate agent and a local, English speaking lawyer will ensure that the holiday home you have always dreamed about is finally yours! It makes sense to contact us, as we really have the most extensive property listings and a multi-lingual team of real estate experts! We will make sure your property purchase runs smoothly. Why not come and see us at one of our offices for a good informative chat. We can also recommend a reputable lawyer, or alternatively you can contact the British Consul services who have contact details.

If you are looking for a good rental income, then you will need a holiday rental agency to join your team!

Again: look no further as we can seriously recommend you to contact our holiday rental company Balearic Villas, who will take care of all issues concerning renting out your Mallorca villa or finca and all you need to do is sit back and enjoy your property when you visit the island, and the income it generates when you are absent!

Alcudia Villa with Sea Views
http://www.balearic-properties.com/en/property/id/662078-Mallorca-villa-Bonaire

Trendy Golf Apartment
http://www.balearic-properties.com/en/property/id/685767-1

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The real estate experts at Balearic properties share their knowledge and experience of the real estate market in Mallorca As international property consultants.

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mallorca (34),  buy a property in mallorca (25),  real estate market (23),  investment (20),  useful information (14),  holiday housing (12),  luxury property (12),  palma (12),  taxes (12),  pollensa (11), 
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