Mallorca quickly and easily accessible from
anywhere in Europe.
Stringent building regulations ensure that
new homes are of a high standard. Highrises are banned in a bid to avoid the glut
of development that has plagued mainland
Spain’s real estate market, and many areas
have a green belt designation that requires
builders of detached homes to construct only
on large plots.
Mallorca’s property market is driven primarily
by German speakers, followed by British and
196
Scandinavians. Recently, buyers have come
from Russia, China, Argentina, Netherlands,
France and Italy.
These buyers place high value on location
as well as quality of construction. They come
with demands for properties with a thoughtful
layout and a superior level of decor. But while
tastes are sophisticated and budgets high,
supply is tight and as a result, there has been
an upward pressure on prices.
Given the strong uptick in sales activity for
unique and irreplaceable luxury properties
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