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Invest money in luxury real estate – Villas and penthouses located in Mallorca

Is real estate in Mallorca – a safer option than the banking system?

The answer to this question is yes. Houses, penthouses or a luxury villa for sale in Mallorca is definitely a much safer and wiser financial investment than property in many other places in Europe.

In the current economic climate, it has become obvious that people are increasingly nervous about where to put their savings. A vast majority of people have simply lost all confidence in the banking system, with negative equity in houses, apartments, penthouses and property across the western world, and the stock market falling and instability; Many wonder exactly what to do with their hard-earned money. In today’s turbulent times, selecting and buying a villa or any type of luxury property in Mallorca could be a solution to this problem.

Mallorca is somewhat insular to the financial problems that have rocked the world in recent years – yes, it is true that the sales prices of houses, apartments, penthouses and properties in Mallorca have plummeted and the market has definitely stagnated a bit. However, even with the severity of the financial crisis in Spain and Europe, Mallorca’s luxury real estate and luxury real estate market did not suffer to the same extent as other popular areas in Europe. Now that we are starting to see a recovery in several countries in Europe, we are once again seeing a high level of activity in the luxury and villas sector of the Mallorca real estate market. There are many reasons that explain the general stability and the advanced recovery of the sale prices of luxury properties in Mallorca.

Why are properties for sale in Mallorca a smart way to invest?

First of all, the building regulations in Mallorca are incredibly strict and well regulated. The planning application restrictions for the construction of a villa, houses and properties of any kind are well regulated and limited. This restriction means that there are always only a select number of properties and luxury villas, penthouses, apartments and houses available for sale on the market. This factor means that the supply of luxury properties rarely exceeds the demand and is therefore reflected in the sales prices of available properties.

Secondly, Mallorca is a beautiful and much-loved location to buy a house for holidays or as a permanent home and residence. Mallorca is not only beautiful, picturesque and varied in culture and facilities, but Mallorca also offers an unprecedented level of security, with incredibly low crime rates and family-oriented environments for all nationalities to enjoy. Few people visit Majorca without falling in love with its charms, and this relentless popularity ensures that the property market is buoyant, with buyers of all nationalities seeking property for sale. This variety of nationalities creates demands for all types of houses and apartments in Mallorca: wealthier buyers are always looking for luxury apartments and penthouses in exclusive communities or looking for an exclusive villa for sale or rent. This variation in nationalities also provides a wide variety of economic status among prospective property buyers. When one nation has an economy in crisis another is doing well, so usually there are always, at least always, buyers of one nationality looking to spend money on property for sale in Mallorca.

Finally, Mallorca has a label for being prestigious and sought after. Choosing to buy a villa for sale in Mallorca comes with a certain high level of esteem. Mallorca is known for being the playground of the elite, rich and famous, with many celebrities endorsing the island as a holiday destination or choosing to purchase luxury homes, penthouses and apartments in exclusive locations across the island. This type of image always attracts potential buyers.