Buying property in Arta
Arta, a charming little town in the north-east of Mallorca, impresses with its stunning architecture, rich history and breathtaking natural surroundings. More and more people are deciding to buy a property here, whether as a holiday home, main residence or investment.
Why Arta is the ideal place for property buyers
Arta is a picturesque town in the north-east of Mallorca that impresses with its unrivalled combination of nature, culture and quality of life. Arta's geographical location makes it particularly attractive. Nestled between rolling hills and the coast, Arta offers not only an idyllic setting, but also strategic proximity to the mountains and the sea. From here, you can enjoy impressive views of the azure waters and the diverse landscape. The region attracts visitors with numerous hiking trails and beautiful beaches such as Cala Agulla or Cala Torta, which will delight both nature lovers and those seeking peace and quiet.
The Mediterranean climate also contributes to Arta's appeal. With its mild winters and long, sunny summers, it offers ideal conditions for a pleasant life or a relaxing holiday. The tranquil atmosphere in Arta, far away from the hustle and bustle of mass tourism, creates a perfect retreat that still offers all the comforts of modern life. Anyone looking for the authentic Mallorcan way of life will quickly feel at home here.
Arta is also a cultural jewel. The historic old town impresses with its charming, cobbled streets, small cafés and traditional markets. Here you can feel the living history and the pride of the inhabitants in their roots. The regional festivals, such as the famous ‘Fira d'Arta’, offer a wonderful opportunity to immerse yourself in Mallorcan culture and learn about its unique traditions.
The property market in Arta at a glance
The property market in Arta is becoming increasingly popular, not least due to its special location and quality of life. More and more buyers from home and abroad are showing an interest in the region.
Current trends and prices
In recent years, property prices in Arta have remained stable at a solid level, accompanied by a slight upward trend. This reflects the increasing demand, especially for high-quality properties. Fincas and villas in favoured locations, such as those with views of the mountains or the sea, are among the most sought-after properties. Prices vary considerably depending on location, size and features. While smaller townhouses or apartaments are available from around €300,000, exclusive luxury villas and spacious estates can easily reach prices in the millions. This price range makes it possible for both buyers with a moderate budget and luxury buyers to find a suitable property.
Future prospects of the market
The future of the property market in Arta looks extremely promising. One of the main reasons for this is the limited development, which ensures that the charm and naturalness of the region is preserved. This limit on the development of new properties increases the exclusivity of existing properties and boosts their value in the long term. In addition, the region attracts both national and international buyers thanks to its excellent infrastructure, proximity to Palma and the many leisure options. The growing trend towards sustainable and environmentally friendly living is also boosting Arta's appeal, as many properties here fulfil these requirements. Those who invest now can not only benefit from a high quality of life, but also expect a solid increase in value in the coming years.
What types of property can you buy in Arta?
Arta offers a wide range of properties to suit different needs and preferences. Whether you are looking for a traditional home, a modern apartament or a luxurious property, in Arta you will find numerous options to suit your needs.
Fincas and country houses
Rustic fincas are among the most popular types of property on Mallorca and are a real centrepiece of the region. These often centuries-old buildings epitomise the traditional Mallorcan style with elements such as natural stone façades, wooden beamed ceilings and spacious courtyards. At the same time, many of these country houses have been modernised and now offer contemporary comforts such as central heating, modern kitchens and swimming pools. Fincas in Arta are often characterised by spacious plots that offer plenty of room for gardens, olive groves or even agricultural use. Families or those seeking peace and quiet particularly appreciate this combination of privacy, nature and authentic charm.
Apartaments and flats
For buyers looking for a low-maintenance and practical home, flats and flats in Arta are an excellent choice. In the historic old town, you will often find renovated apartaments that combine the charm of bygone eras with modern amenities. These properties are ideal for couples or individuals who want to enjoy life in the centre with its cafés, restaurants and markets. There are also new-build projects that boast modern designs, energy-efficient materials and good fixtures and fittings. Apartaments are particularly popular with second home buyers looking for an uncomplicated holiday property, as well as investors looking to take advantage of the increasing demand for holiday rentals.
Luxury villas with sea views
Exclusive luxury villas are among the most sought-after properties in Arta and attract international buyers in particular. These villas are often found in prime locations - on hills overlooking the sea or nestled in the countryside with panoramic views. With spacious living areas, high-quality materials and luxurious extras such as infinity pools, spacious terraces and smart home technology, these properties offer the highest level of living comfort. Many of these villas have spacious plots that guarantee privacy while providing ample space for gardens or other leisure areas such as tennis courts or outdoor kitchens. Buyers who value exclusivity and lifestyle will find their dream property here.
Additional property options
In addition to the classic categories, there are also special properties in Arta, such as historic manor houses that have been restored or plots that are suitable for new builds. The latter offer the opportunity to design your own dream home according to your individual wishes. Commercial properties, such as small boutique hotels or restaurants, are also of interest to buyers looking for career prospects in the region.
Tips for buying a property in Arta
Buying a property in Arta is a worthwhile investment, but it requires careful planning and research to make the process smooth and successful. With the following tips, you can ensure that you make the right choice and find your dream property.
Finding the right property
The first step when you buy a property is to clearly define your needs and budget. Think about whether you want to use a property as a permanent residence, holiday home or investment. Decide which type of property - whether finca, apartament or luxury villa - best suits your ideas. Use local property portals that offer a wide selection of properties, as well as specialised estate agencies that can give you specific recommendations based on your criteria. Filter options and search criteria help you to optimise your selection and focus on suitable properties.
Collaboration with experts
Working with experienced estate agents is crucial to make the buying process efficient. Specialists like our real estate agents at KENSINGTON Artá have in-depth knowledge of the local market and access to exclusive offers that are often not available on public platforms. Our team will accompany you from the initial consultation to the final signing of the contract, supporting you in all legal, tax and financial matters. A professional estate agent also helps to identify potential risks and make an informed decision.
The importance of viewings
Personal viewings are an essential step in the buying process. They allow you to get to know the property and its surroundings better. Make sure you view properties at different times of day to get a feel for the lighting conditions, background noise and the neighbourhood. During the viewing, you can also check details such as the condition of the property, the quality of the materials and possible renovation requirements. Experts such as KENSINGTON Artá will be on hand to advise you, point out special features and answer your questions.
Further tips for a successful purchase process
- Research the legal aspects: Find out about the necessary documents and legal requirements, such as the NIE number for foreign buyers.
- Clarify the financing: Secure financing from a bank or other institution at an early stage, especially if you want to apply for a mortgage as a non-Spanish national.
- Take additional costs into account: Plan around 10-12% of the purchase price for taxes, notary fees and charges.
- Rely on local expertise: In addition to a real estate agent, lawyers and tax advisors can also provide valuable support to avoid legal and tax pitfalls.
With a structured approach and the support of experienced estate agents like KENSINGTON Artá, buying a property becomes a pleasant and safe experience. From the initial search to handing over the keys, we make sure that you find your dream property in Arta.
FAQ: Buying property in Arta
Is it possible to buy a property online?
Yes, it is theoretically possible to buy a property online. However, this requires the support of a lawyer or estate agent who will represent your interests on site. A power of attorney can be granted so that your representative takes care of all the legal and administrative steps for you. This option is particularly useful if you are unable to be in Mallorca during the purchase process.
What licences do I need as a foreigner?
Foreigners need a so-called NIE number (Número de Identificación de Extranjero) to buy property in Spain, which serves as a tax identification number. This number can be requested from the Spanish authorities. Buyers from non-EU countries should also check whether they need additional documents or authorisations.
How do I find the right property in Arta?
The search for the right property begins with a clear definition of your wishes and your budget. Local estate agents such as KENSINGTON Artá are a valuable support, as they not only have a large portfolio, but also in-depth knowledge of the region and the market.
What types of property are particularly popular?
In Arta, rustic fincas, modern apartaments and luxurious villas are particularly popular. Each property type has its own advantages, depending on your lifestyle and requirements. Fincas offer peace and space, while apartaments are central and easy to maintain.
Is financing possible in Spain?
Yes, Spanish banks offer mortgages for foreign buyers, often with financing of up to 70 % of the purchase price. The prerequisite is usually a good credit rating and the provision of all necessary documentation.
Can I rent out my property?
Yes, many buyers choose to rent out their property in Arta as a holiday home, especially during the season. However, please note that this requires a special licence, which must be applied for from the relevant authority.
What role does a real estate agent play?
A real estate agent like KENSINGTON Artá plays a central role when you buy a property. They not only help with the property search, but also with negotiating prices, coordinating viewings and dealing with the necessary formalities. This saves time, reduces stress and increases the security of the purchase.