Cheap Property for Sale in Mallorca

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/