Living Moments - N°4 Edition 2017

TeamMallorca · Team Mallorca For the first half of this year, Mallorca has enjoyed great favour and an interest in valuable properties, which has long been absent on the most popular of the Balearic Islands. The upswing can virtually be felt on the local real estate market as many en- thusiasts and investors have rediscovered the is- land with the best infrastructure in Europe as a safe and lucrative investment location. International trouble spots in the Middle East and North Africa certainly play a crucial role. Many real estate enthusiasts and discriminating tourists have put their emphasis on what has been stable and politically safe for many decades and have come back to evergreen Mallorca which, with a constant summer in terms of the climate, as well as the perfect touristic, cultural and sporting infra- structure, is a guarantor for the stable value of both second homes and luxury properties. The prices on the island have risen considerably in the wake of strong demand in the first fewmonths of 2016, and the long and middle term prognosis show a clear upward trend. The coming 12-18 months will be the phase in which new invest- ments and property purchases on the island will be quite profitable, as it is sensible and smart to invest on the island when the price level has been ad- justed through the crisis and can only rise again slowly. Our on-site team has also experienced this change, and we have strengthened it with a new advisor in order to fully live up to the considerable in- crease in demand as well as to your requirements as a customer. 7TaTYR 8ZXPY_^ Edition 4 · 2016/17 134