THE ADDRESS Magazine No.17 | Page 238

An immaculately presented home that is a dazzling stunner, with endless features that are sure to impress the buyer with an eye for sophistication and elegance C osmopolitan and vibrant year-round, Mallorca real estate holds a broad appeal amongst discerning buyers from across the globe, making the luxury property market here continually strong. The factors that kept Mallorca buoyant in the recession, are the same as those fuelling price rises today. With broad international 238 appeal, there continues to be a shortage of quality housing supply. Unlike much of Spain, Mallorca was never over-developed. Planning controls have remained tight, ensuring that new homes were built to a high standard, while high-rises were banned and many areas have been designated Green Belt, ensuring that detached homes are built on large plots of land. Development, therefore, www.theaddressmagazine.com