This is probably the first question that comes to your mind when you are thinking of buying property in Mallorca or of spending more time in the Jewel of the Mediterranean Sea.
Mallorca has been a popular location for tourism in the Mediterranean Sea for decades, that’s not new, but in the last 20 years there has been a wave of visitors that have turned into residents for many reasons, beautiful beaches and hidden calas with clear water, quiet and slow life, warm weather all round year and many other reasons why Mallorca as a new Maná.
Many years ago new residents started buying and refurbishing a property, a new home, but at the same time it was considered an investment to achieve a different lifestyle, and to increase their quality of life, they were pioneers and their success attracted more and more friends to explore the formula.
In the beginning, it was very difficult. With so many regulations, not only for specific local technical rules, but also for complicated legal and taxation issues, the new residents needed local knowledge and expertise in foreign finance structures to build a successful investment in Mallorca. This new Industry created many companies around Real Estate. Investment increased and turned into good business, the expertise grew and attracted new investors, so, Mallorca became known as aa good investment for many reasons.
Along the years Mallorca changed increasing the International connectivity with regular flights and started to build a mixture of local culture with Cosmopolitan life creating an exotic combination.
Mallorca offers an amazing landscape from north to south, and west to east, with many outdoor and indoor activities. Exclusivity, safety and high-quality infrastructure that Mallorca offers is an irresistible combination for enticing people to this beautiful Island.
We could say Mallorca has a wide range of Investment opportunities to cover all tastes, but also different formulas, the market is growing and demand for a variety of products is strong and there are many opportunities for investors and developers.
If you are looking for an investment opportunity, Mallorca is just the place to explore. Are you ready to discover what the Island has in store for you?