INVESTMENT REAL ESTATE ON MALLORCA
The term investment real estate refers to property with great potential in a good location. We like to compare it to bestsellers on the back shelves at the library waiting to be dusted off and discovered.
Investment real estate expressly does not refer to property acquired by investors for mere economic interests. Investment real estate bears the opportunity to become a once-in-a-lifetime dream house or apartment for the owner’s use – a seafront house, an ático in the historical part of Palma or a finca made of natural stone in the Tramuntana mountains.
WHAT TO LOOK FOR IN INVESTMENT REAL ESTATE
As a buyer, you soon will notice that there are three factors that enhance the value of older property: location, location and location.
Assessing a location is not always as easy as it looks – it requires a great deal of experience, good knowledge of the region and the ability to estimate the need for renovation and the potential increase in value.
Take, for example, the historical part of Palma: not all of the hundreds of buildings in need of restauration are worth the effort and money to modernize. In some cases, the difference between a top investment and a bad investment is extremely small.
BUYING INVESTMENT REAL ESTATE ON MALLORCA – OPPORTUNITIES AND RISKS
The investment real estate in our portfolio offers you a great opportunity to make your dream of owning a home on one of the world’s most beautiful islands come true.
When construction of vacation homes started on Mallorca many years ago, owners had the choice of various top locations. These buildings are still there but have aged and need special attention and care. Most of them are located close to the coast and have sea views or even access to the sea front.
Contact us if you are interested in buying investment real estate on the island. We will be happy to help you find your dream home.
We look forward to hearing from you!
+34 971 77 01 11