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‘Cheap houses for sale in Mallorca?’ Some would say we must be mad! But the truth is, even though the high end of the property market in Mallorca often brings about eye-watering property prices, if you look hard enough, it is possible to find some cheap houses for sale in Mallorca.
214 listings match your search in Mallorca
SWOPAN10487 / Palmanova
POL20605 / Pollença
POL20578 / Pollença
ALA20604 / Alaró
SAP20568 / Sa Pobla
POL52937BPO / Pollença
CAM20427RM / Campanet
SWOCDC10450 / Costa de la Calma
SWONSP10464 / Santa Ponsa
SWOCAD10472 / Cala d´Or
SAP20595 / Sa Pobla
PTC10470 / Cala Anguila
CAR11845bRM / Cala Ratjada
MAN40762RM / Cala Romàntica
POL20503 / Pollença
POL20144 / Pollença Pueblo
CAM11983 / Campanet
CAV0596POL0 / Cala Sant Vicenç
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 house for sale in Mallorca.
As the economy suffered, many Mallorcan properties were repossessed by the banks. Now obviously the banks don’t wish to have lots of houses 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.
Houses 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 house in Mallorca simple and stress-free. But where to buy? Mallorca being an island, the choices of seafront houses 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 property 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 a house. Try looking in Puerto Pollensa, Puerto Alcudia and Ca’n Picafort for example. You may be fortunate enough to snap up a cheap house 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 house in places like Cala Pi, Colonia de Sant Jordi, and Sa Rapita.
Whatever your choice, you’re sure to find your dream (cheap) house for sale in Mallorca right now at Balearic-properties.com