Mallorca luxury real estate for sale
Are you looking for particularly stylish and elegant luxury properties in a top location in the north-east of Mallorca? At KENSINGTON Artá - your partner for selected luxury properties on the Balearic island - you are guaranteed to find what you are looking for. Whether you are looking for a condominium, penthouse, apartament, villa or finca, we would be delighted to present our exclusive portfolio to you. You will also find exclusive interiors in our luxury real estate.
Benefit from our more than 20 years of experience and high level of expertise. It is not for nothing that KENSINGTON Artá is one of the market leaders in the luxury property sector on the Balearic Islands.
Mallorca luxury real estate
Buying a luxury real estate in Mallorca is one of the top investments for discerning buyers worldwide. With picturesque coastlines, exclusive towns and a thriving property market, the island offers the perfect combination of quality of life and return on investment. Mallorca fascinates with its unique locations, from quiet bays and historic neighbourhoods to modern residential complexes and dreamy country houses.
Whether as a holiday home, retirement residence or long-term investment, Mallorca offers buyers a wide range of property types that fulfil every luxury requirement. The high demand for exclusive properties in prime locations shows that Mallorca has been a favoured location for investors for years. A mix of upscale amenities, breathtaking panoramas and a mild climate make this region unique and offer excellent conditions for high-quality investments.
Real estate market in Mallorca
Mallorca offers an extraordinary variety of properties that attract both international investors and local buyers. In addition to holiday flats and traditional fincas, the island's offer includes luxury properties in particular, which are coveted worldwide. The stable demand ensures consistently high prices, with the luxury segment on Mallorca having become a hallmark of the regional real estate market.
Luxury real estate in Mallorca varies greatly in price, depending on location and features. For a villa in exclusive coastal areas such as Port d'Andratx, Bendinat or Son Vida, prices can start at around 3 to 6 million euros and even reach 20 million euros or more. On average, the price per square metre for a high-quality luxury real estate in prime locations ranges between 8,000 and 12,000 euros - although top properties can be significantly higher.
The consistently high quality of life, the Mediterranean climate and the excellent infrastructure, which includes international schools, modern health centres and a strong transport network, have contributed significantly to Mallorca being a hotspot for discerning property buyers for years.
Advantages of luxury real estate in Mallorca
Buying a luxury real estate in Mallorca has a number of advantages. The upscale furnishings and exclusive locations ensure a high quality of life and security. In addition, luxury properties on Mallorca are known as stable investments, as the demand for property on the island has been rising continuously for years.
- Exclusive locations: The proximity to beaches, golf courses and marinas is particularly sought after.
- High returns: Letting such properties to tourists or seasonal guests can generate high rental income.
- High value stability: Due to the constant demand and limited supply, luxury real estate in Mallorca has a high potential to increase in value.
Popular regions for luxury real estate in Mallorca
Mallorca boasts a variety of exclusive locations, each offering its own charm and unique lifestyle. Whether by the sea, in the mountains or in historic surroundings - the island has a lot to offer discerning buyers of luxury properties. Here is an overview of the most sought-after regions, including some attractive locations in the north-east of Mallorca.
- Palma de Mallorca – The capital of Mallorca is a central location for luxury real estate, particularly popular are the historic city centre with its magnificent townhouses and the exclusive Son Vida district, which impresses with luxury houses and villas.
- Port d’Andratx – One of the most sought-after coastal areas for luxury homes, known for its marina and breathtaking views of the Mediterranean. Here you will find exclusive villas with sea views and modern apartaments close to the harbour.
- Santa Ponsa and Calvià – These popular residential areas offer a variety of luxury real estates in a quiet yet central location. The proximity to golf courses and beaches makes Santa Ponsa and Calvià particularly attractive for golf and nature lovers.
- Sóller and Deià – Located in the north-west, these charming villages are ideal for nature lovers seeking luxury and tranquillity in traditional architecture and natural surroundings. The region is characterised by breathtaking mountain landscapes and first-class properties.
- North-east of Mallorca: Capdepera, Artà and Cala Ratjada - The north-east of the island has also become an insider tip for luxury properties. In places like Capdepera and Artà, you can find fincas and villas that are characterised by a mixture of tranquillity, closeness to nature and traditional style. Cala Ratjada, on the other hand, offers luxury properties close to lively beaches and a picturesque harbour that will delight even discerning buyers. Property prices in the north-east are often somewhat cheaper than in the more prominent regions of the south-west, while at the same time offering a high degree of privacy.
Whether right by the water or in the quiet hinterland, Mallorca's regions offer the right luxury real estate for every lifestyle and every desire.
Types of luxury real estate in Mallorca
- Villas and chalets - Ideal for families and individualists looking for spacious rooms and privacy in an upscale atmosphere. These properties usually offer spacious gardens, private pools and are often found in exclusive residential areas that guarantee tranquillity and connections to nearby towns.
- Penthouses and apartaments - Modern living in an urban environment with luxurious features, often including roof terraces that offer exclusive views of the sea or the cityscape. These properties are particularly popular with international buyers who appreciate the convenience of a central location and proximity to restaurants, boutiques and cultural attractions.
- Fincas and country houses - These traditional Mallorcan country houses offer an authentic living experience close to nature and are ideal for those looking for peace, privacy and closeness to nature. Many of these fincas are located in the middle of olive groves or almond orchards and combine rustic charm with modern luxury, including pools, spacious terraces and, in some cases, agricultural land for an independent, sustainable lifestyle.
Tips for buying luxury real estate in Mallorca
When buying a luxury real estate in Mallorca, there are some important aspects to consider in order to make an informed decision and be satisfied in the long term. An experienced and reputable real estate agent is particularly valuable as they have detailed market knowledge and a local network that can help buyers find hidden gems and off-market offers. Our experts at KENSINGTON Artá will be happy to help you here. In addition, a thorough inspection of the property is essential: this includes the structural substance, possible contamination and compliance with building and environmental regulations. It is worth consulting an independent surveyor who can objectively assess the actual value and condition of the property.
A careful examination of the legal framework is also essential, especially when it comes to questions of title and possible encumbrances. For foreign buyers, it may be advisable to consult a lawyer specialising in Spanish property law. Last but not least, financing should be organised in good time, ideally by comparing different loan offers that are specifically designed for the purchase of luxury real estate in Mallorca. Focusing on these steps will ensure that the purchase process runs smoothly and that the dream property becomes a worthwhile investment.
FAQ: Mallorca luxury property
What documents are required when buying a property in Mallorca?
A passport, NIE number and a Spanish bank account are required for the purchase.
What additional costs are incurred when buying a luxury real estate?
These include property transfer tax, notary fees and possibly estate agent fees.
Is it possible to finance a luxury real estate in Mallorca?
Yes, Spanish banks offer financing solutions for international buyers.
Are there any special requirements for foreign buyers?
Foreigners need a NIE number to purchase property in Spain.
Is it worth renting out a luxury real estate?
Yes, especially in regions popular with tourists, renting out offers high returns.
What role does the estate agent play in the buying process?
The estate agent assists with viewings, negotiations and all legal matters.