Buy a finca in Mallorca: Buy now and secure a piece of paradise!

Buy a finca in Mallorca: Buy now and secure a piece of paradise!

Mallorca real estate: Get your dream finca at bargain prices until the end of 2023

Mallorca, the Germans' favorite island, currently still offers the chance to purchase real estate at relatively low prices. But experts agree: prices will rise sharply next year. Would you also like to buy a finca on Mallorca? Then you should strike in 2023 to secure a piece of paradise for yourself!

Crystal clear water, picturesque bays, miles of sandy beaches and a relaxed way of life - that's Mallorca! The Balearic Island is a real dream not only as a holiday destination, but also as a place to live. Particularly in demand: Typical Mallorcan fincas that combine modern comfort with Mediterranean flair. Those interested currently still have the opportunity to buy a finca comparatively cheaply. But demand is increasing – and with it prices.

According to a report from www.handelsblatt.com, property prices in Mallorca have been climbing for decades. At the beginning of the year, the price per square meter was 10% higher than the previous year. Experts also expect further increases in 2024. The good news: an investment is worth it! If you want to sell the finca later, you can cash in on it thanks to the increase in value.

So the signs are good for everyone who is interested in a property in Mallorca. But the same applies here: first come, first served! Anyone who decides by the end of the year can still benefit from the current conditions. Next year you will probably have to pay a multiple of the current price.

“Anyone who invests today not only benefits from the current price situation, but also secures a piece of quality of life for the future,” says Walter Hüther, managing director of the Mallorcan real estate agency HUETHER & PARTNER. The company accompanies interested parties through the entire purchasing process with many years of experience and expertise. The German-speaking brokers know exactly where the price increases on the island are even more moderate and what pitfalls lurk in Spanish tenancy law.

Source: According to a report from www.handelsblatt.com

Impact on the real estate market
The rising property prices in Mallorca are leading to increased demand for fincas and other properties on the island. This in turn leads to a general increase in prices in the market. A forecast for 2024 suggests that prices will continue to rise. It is therefore advisable to invest this year in order to benefit from the current conditions and to take advantage of possible increases in value in the future.

The experts at HUETHER & PARTNER SLU recommend potential buyers to deal with the purchase process early on. Through their many years of experience and knowledge of the market, they can help clients find suitable properties with moderate price increases and avoid potential legal pitfalls.

The real estate market on Mallorca currently offers good investment opportunities to benefit from long-term increases in value and enjoy the quality of life on the island. Those interested should not miss the opportunity and decide to buy a property this year.

• Quelle: Gemäß einem Bericht von www.handelsblatt.com

Original content from: HUETHER & PARTNER SLU, transmitted by news aktuell