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Why are luxury properties selling easier?

Luxury homes are selling more easily by location, space and quality materials. Experts agree in indicating that the luxury market is the one that moves. The main feature that must have this type of housing is that he has excellent facilities including a good pool and excellent views to the sea in some cases.

The experts consulted ensure that luxury home buyers looking for a good value, so that the quality is as important to the aesthetics and efficiency of the house. The client of such eco-efficient homes looking HVAC, thermal walls or heating systems with humidity control for example, but there is a controversy with the buyers looking to buy a luxurious villa at half price when the owners are as wealthy as the buyers or more and are looking to get a good deal by selling the property as well.

Those that exceed one million Euros today and meet a number of conditions, as stated by the head of Balearic Properties in Mallorca, Antonio Fuster, such as location, space and the quality of materials. And within this group there are two types of property, the frontline villas, mainly acquiring Russian citizens and from Nordic countries and the houses located in the interior of the island, showing interest by Europeans with equity, seeking principally privacy and space.

Houses with prices above 1 Mio Euros but must be loaded with amenities such as a good pool or a good view, the principal areas for buying charming country properties are the North and the Southeast, luxury villas with sea views are found in the Southwest areas like Port Andratx or Santa Ponsa.

For example, according to Antonio these villas are aimed at customers who opt for security and privacy, and those who do not mind living in community. Of course, there is a customer with sufficient capacity to not depend on external funding. However, prices also traded in such residences.

The rich also cry and the higher is the price discounts also more demanded, but when the location is unique, says Iris Grünewald, chief of Vogue Properties of Mallorca, near the beach and the city, the prices don’t really drop at all. There are various clients beating for the same property in some places.

By Iris Gruenewald

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