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‘Cheap property for sale in Mallorca’: this simple phrase to many people would sound just absurd! However, even though the high end of the property market in Mallorca can demonstrate eye-watering property prices, if you look hard enough, it is possible to find plenty of cheap property for sale in Mallorca.
112 listings match your search in Mallorca
SWONSP10429 / Santa Ponsa
PTP11787 / Port de Pollença
BON0441c / Bonaire
BON0441b / Bonaire
MUR20553 / Playas de Muro
POL20551 / Pollença Pueblo
SIN0539 / Sineu
POL11951RM / Pollença Pueblo
SAP20361 / Sa Pobla
POL11946RM / Pollença Pueblo
PTP11944RM / Port de Pollença
ALC11940 / Alcúdia
MUR0533 / Muro
SWOALG0260 / Algaida
SWOALG0259 / Algaida
SWONSP10392 / Santa Ponsa
PTP11360BPO / Port de Pollença
ALG0558 / Algaida
Indeed, many house hunters who come to the lovely island of Mallorca looking for cheap property for sale are often taken back by the sheer number of cheap properties increasingly appearing on the market.
It’s a fact of life that, in recent recession-led years, the Mallorcan property market has taken a dive. And this only good news for bargain hunters in search of cheap property 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 properties 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.
Property for sale in Mallorca at the moment (particularly at the lower end of the market) represents 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.
If you are thinking of buying a cheap property in Mallorca, maybe you start by looking for an apartment. Apartments are a very popular in Mallorca, particularly if on or near the coast, as they are usually the cheapest option.
But apartments are not the only option, you maybe able to find a cheap, traditional Mallorcan townhouse or even a cheap villa for sale if you look in the right places.
At Balearic-properties.com, it’s our job to make your search for a cheap property in Mallorca simple and stress-free.
But where to buy? Mallorca being an island, the choices of seafront properties for sale are substantial.
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 could 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 property. Try looking in Puerto Pollensa, Puerto Alcudia and Ca’n Picafort for example.
You may be fortunate enough to snap up a bargain 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 bargain property in places like Cala Pi, Colonia de Sant Jordi, and Sa Rapita.
Whatever your choice, you’re sure to find your dream (cheap) property for sale in Mallorca right now at Balearic-properties.com/