Cheap Apartments For Sale in Mallorca

Thes best cheap apartments for sale in Mallorca

Indeed, many house hunters who come to the lovely island of Mallorca looking for cheap apartment properties for sale are often taken back by the sheer number of cheap apartments increasingly appearing on the market.

Why is this? Well the simple reason is that, in recent recession-led years, the Mallorcan property market has taken a dive. And this can only be good news for bargain hunters in search of a finding a cheap apartment in Mallorca.

As the economy suffered, many Mallorcan properties were repossessed by the banks. This included many apartments. Now obviously the banks don’t wish to have lots of empty apartments on their books not making any money. So, quite often, you’ll find they are putting them on the market at prices that could represent bargains by Mallorcan standards.

Not so long ago, to be able to afford your little place in the sun, you would have needed a substantial bank balance. But not now. Property experts reckon that house prices in Mallorca have fallen to one of their lowest levels, but are now beginning to increase in price as the economy improves.

Apartments for sale in Mallorca at the moment can and do represent tremendous value for money. Prices have been falling for several years now, which has made the Balearic property market much more accessible to British buyers. At Balearic-properties.com, it’s our job to make your search for a cheap apartment for sale in Mallorca simple and stress-free.

But where to buy? Mallorca being an island, naturally the choices of reasonably priced seafront apartments for sale are good. If you prefer the lovely Bay of Palma area and want to be near the capital, you could take a look around popular coastal resorts such as Portixol, Cala Major, Illetas, Ca’s Catala, Bendinat, Portals Nous and Santa Ponsa.  Further west you may want to try looking for a cheap apartment in coastal resorts such as San Telmo, Puerto Andratx, Puerto Soller or Deia. The northern coast of Mallorca has always been popular as a place to buy an apartment. Try looking in Puerto Pollensa, Puerto Alcudia and Ca’n Picafort for example. You may be fortunate enough to snap up a cheap apartment along Mallorca’s east coast. Resorts such as Cala Rajada, Cala Bona, Cala Millor, Cala d’Or, Cala Figuera and Cala Santanyi spring to mind. And then on Mallorca’s southern coast look out for a cheap apartment in places like Cala Pi, Colonia de Sant Jordi, and Sa Rapita.

Whatever your choice, you’re sure to find your dream (cheap) apartment for sale in Mallorca right now at Balearic-properties.com