Mallorca leading the ranking of the most expensive properties in Spain

  • Mallorca is placed again in head. By 11nth time, Balearics appears leading in the list of most expensive property; this time, this time for the most expensive houses of Spain.

    According to the ranking of the real estate portal idealista.com, the four most expensive properties of the national territory are in Majorca. Idealista.com grants the fat prize to a property located in Port d´Andratx. This ” luxury estate with its six baths, five rooms, swimming pool, jacuzzi, sauna and fantastic views to the sea beat all the record with a cost of 18.5 million Euros

    The second place is occupied by a property located in the Port de Pollensa, that offers more than five bedrooms, swimming pool, sauna, grounds of marble and spectacular views to the sea. The price, is half a million cheaper than the one in Puerto Andratx 17,5 million Euros.

    It is that the crisis does not arrive to him at this people? Some of the people had to consider who called yesterday to the real estate one. ” All the sector has noticed real estate it and the upper middle one also is lost a little ” , it assures Greim, ” although it is a sector where people still have dinero” , it aims. Right now, much people are hoping to buy because they think that they are going to lower the prices but, according to assures Greim, in the case of this type of houses the owners normally do not lower them because they are not in favor overwhelmed of any mortgage and they are not in a hurry to sell it.

    What is more extraordinary of the real estate market in this island is that , believe it or not, this kind of properties get sold very quickly more or less in half a year some of this astronomical prices find different buyers.

    Do you need a mortgage?

property

Mallorca Property Articles and Reports

dot Mallorca Property Market in 2009

NEW! - A brilliant in-depth analysis of the Mallorca property market

   dot The Property Seller's Guide

How to sell your home in Mallorca, procedures, costs and advice.
dot Buying your home in Mallorca

All you need to know about buying a home in Mallorca, applicable to the whole of Spain.

   dot Buy a Spanish Property

Questions and answers about the procedures and costs for buying and owning a property in Spain.
dot dot Mallorca Property & Lifestyle

Mallorca property news, lifestyle in Mallorca, news, ... everything about Mallorca.

   dot dot Mallorca Property Magazine

Apply to receive a copy of our Mallorca property magazine, interesting, helpful, stylish and FREE.