Mallorca Property - Residential Properties in Mallorca - Majorca Properties

Mallorca Property for sale

Find the newest Mallorca Property selections - 3 offices in Mallorca at your service, we offer property maintenance, buy to let packages and much more. New Mortgages with 10 year INTEREST ONLY, buy Mallorca Property easy and with confidence! Contact our mallorca property team for more informations in one of our offices, we will be more than happy to assist you. Go below for the best deals at the moment!

Mallorca Villas & Apartments

This popular Mediterranean destination has a well-oiled tourist infrastructure to match its Gothic architecture, spectacular hilltop villages, olive groves and hidden beaches. Sóller is a charming mountain village with attractive old buildings, lush gardens and open plazas. Bars and restaurants border the main square, Plaça de la Constitució. The biggest treat however is the train ride there from Palma, through olive groves that skirt the stunning Tramuntana mountains. In the north, Cap de Formentor is a rocky promontory, an out-of-the-way paradise great for walking, lizard-spotting and bird-watching.

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Palma de Mallorca property is lively and boasts a good nightlife. However, by day you can explore the attractive old quarter, crammed with cobbled lanes, tree-lined boul eva rds, Gothic churches and designer boutiques. The Gothic cathedral, Palau de l'Almudaina (Moslem castle), Banyas Arabas (Arab baths), Bellvar castle and La Llotja are notable attractions. Finding Property in Mallorca, the Museu de Mallorca is a converted 15th-century palace containing some good archaeological finds. For those disinterested in history, the beaches are a bus ride away on the remote waterfront. The town centre however is more lively, if somewhat covered in tourist tack, but full of tapas bars, bodegas, discos and excellent seafood/international restaurants.

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Buying Property in Mallorca

Mallorca Property with a spanish mortgages have the best rates in Europe as low as 3%
Not only is the broker system in Spain totally different from that of the UK, but the mortgage products available in the Iberian peninsula are also very different. Products such as buy-to-let-mortgages and endowment policies haven't arrived in the Spanish dictionary yet for mallorca properties. And, in a similar vein to the UK a few decades ago, whether you get a mortgage or not can often depend on the personal relationship that you have with your Bank Manager, and if you are a non-resident purchaser who has just set up your first ever Spanish bank account, it is unlikely that you'll have any form of relationship with your Bank Manager, let alone a personal one. This is where you are much better off turning to a mortgage broker in Spain who will use their bank relationships to your advantage and their command of the Spanish language to negotiate the finer details. Mallorca offers the best Property mortage conditions in spain. However if the mortgage advice business is unregulated and there are chancers touting for custom like those in the English language newspaper classified ads described previously, how easy is it to seek out a reliable source of information?
Allow up to 12% of the purchase price of your Palma de Mallorca Property for mortgage in Mallorca arrangement fees (bank and broker), legal fees, notary fees, valuation and stamp duty. Interest rates are cheaper in Mallorca for sa purchase of property than in the UK; the current UK base rate is 6.5% compared to almost half that in Spain. The interest rate reference for mortgages in Spain is called the EURIBOR (Euro Interbank Offered Rate). This is based on the European Central Bank base rate and changes every month. Currently, a typical variable interest rate with most lenders is between 3% and 3.5%. So in a nutshell, a Spanish mortgage is more expensive to set up but cheaper to run than a UK mortgage. Europe has very stable rates and the EURIBOR system should keep it down for the foreseeable future.

Mallorca Villas

Exclusive to Balearic Properties: Investment project within walking distance of the impressive upmarket marina of Cala Dor! This project consists of 4 houses with a communal pool and mature garden on a plot of approx. 1.100 m2. Total living area of all 4 houses is approx. 300m2. Ideal as a buy-to-let investment, it is a mere 5 minutes walk from the marina and town centre. Mallorca Property - Majorca Properties for sale also included in the price are 3 boat moorings (11.75m x 3.75m/ 11.75m x 3.75m/ 14.00m x 4.00m) and a frontline plot with stunning views over the coastline of Portopetro towards Cala Mondragó. This plot has permission for the construction of a 25m2 summerhouse. Individual components of this project are available separately - prices on request.

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Palma de Mallorca Property for Sale

Mallorca Villas for sale

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