Demand for property continues to increase especially in Spain which has become the number one location to go for thanks to the numerous properties available. It is the reason many UK home owners are saying “I need to sell my house fast”, because they just cannot wait to move to warmer climes. The question that lingers on every buyer’s mind is, “Which areas offer the best deals for Spanish house sales? Is the best thing to buy a property in a resort, or look inland?
Mallorca is a beautiful island where one can get the best house sales that Spain has to offer. Palma, which is the capital of Mallorca, has refined property particularly around the Cathedral area of Calatrava and the areas around Santa Catalina. Many villas are currently being renovated with the addition of modern facilities. South west Mallorca offers high end and offer several developments including golf courses. Apartment prices range between EUR 4,500 per m2 and they are top quality properties that are well managed and constructed.
The inland areas of Palma offer prospective buyers with a more rural country feel and get to enjoy the Spanish culture as well. Heading north, the extended Inca motorway is putting the villages of Campanet and Sa Pobla firmly on the property market map.
Sea view and front line properties remain excellent investments in Spain’s property market especially with the tightening up of already stringent building regulations making Javea on the Costa Blanca a gateway to heaven and the best area to get a good deal in house sales. Unlike other areas of Spain who have faced over supply due to speculative building, the Spanish house sales market in Javea is fairly robust and offers some great Costa Blanca property deals.
Mallorca’s property market is expected to be steady over the coming years with prices likely to increase between 7-10% in quality locations. The areas that come highly recommended by property experts are Palma old town and the north east in general.