Buying a house in Arta
The dream of owning a home in Arta, Mallorca, is becoming a reality for many people. But why are more and more buyers opting for this charming region in the north-east of the island? Arta is picturesquely nestled between green hills and offers breathtaking views of the surrounding countryside. The historic old town with its winding alleyways and the impressive pilgrimage church Santuari de Sant Salvador attracts thousands of visitors every year. The region also impresses with its proximity to beautiful beaches such as Cala Torta and Cala Mesquida. Whether a traditional finca or a modern villa - Arta offers an incomparable lifestyle that will delight nature lovers, those seeking peace and quiet and culture lovers alike.
Property market in Arta
The property market in Arta has been steadily growing for years and is becoming increasingly popular with both locals and international buyers. The region attracts a wide audience, including those seeking peace and quiet, investors and families who appreciate the quality of life and the Mediterranean charm of Mallorca.
Traditional fincas
The demand for classic fincas continues unabated. These traditional country houses are often built from natural stone and embody the typical charm of Mallorca. Many of these fincas have spacious plots with orchards, olive groves and sometimes even small vineyards. They not only offer privacy, but also a connection to nature.
- Price range: Traditional fincas start at around €600,000 and can reach several million euros for luxurious properties with renovated interiors or additional amenities such as pools, guest houses and state-of-the-art technology.
- Location: Fincas in quiet, rural areas such as Son Servera or the hills around the town of Arta are particularly sought-after.
Modern new-build projects
In addition to classic properties, the market is also focussing on modern architecture. New-build properties in Arta combine contemporary design with functionality and comfort. These properties are often designed to be energy-efficient and equipped with high-end technologies.
- Demand: These villas are particularly popular with international buyers as they combine the advantages of modern living with the Mediterranean lifestyle.
- Price range: New builds start at around €800,000, while luxury villas with panoramic sea or mountain views can cost well over €2 million.
Townhouses in Arta
The old town of Arta offers a unique selection of townhouses, which are often housed in centuries-old buildings. These houses are characterised by high ceilings, traditional tiles and partially renovated patios. They are ideal for buyers looking for authentic life in a Mallorcan community.
- Price range: From €300,000 for smaller houses in need of renovation up to €1 million for lovingly restored properties with modern features.
- Advantages: The proximity to restaurants, boutiques and cultural highlights makes townhouses particularly attractive for those who want to enjoy city life.
Luxurious properties
For buyers looking for something special, Arta offers an impressive selection of luxury real estate. These include large villas, historic manor houses or first-class fincas with extensive facilities.
- Features: Exclusive pools, Mediterranean gardens, spa areas and often unobstructed views of the sea or mountains are standard here.
- Price range: Prices start from 2 million euros and can exceed 10 million euros depending on size, facilities and location.
Current trends and demand
- International buyers: Buyers from Germany, the UK and Scandinavia make up the majority of potential buyers. The high quality of life and the opportunity to invest in a property with a stable value are decisive factors.
- Long-term investment: Many property buyers consider Arta not only as a holiday destination, but also as a potential retirement home.
- Sustainability: The demand for environmentally friendly properties is increasing and more and more new builds are incorporating solar panels, rainwater systems and energy-efficient technologies.
Future developments
The property market in Arta will continue to benefit from high demand. The limited availability of building plots ensures stable value development, making Arta an attractive investment destination. Buyers looking at property as an investment can benefit from rising prices and the growing popularity of the region.
Why buy a house in Arta?
Buying a house in Arta means opting for a unique combination of Mediterranean charm, natural beauty and a worthwhile investment. The region in the north-east of Mallorca is known for its mild climate with over 300 days of sunshine a year. These perfect weather conditions create an environment where you can enjoy outdoor life to the full - be it hiking through the Llevant Natural Park, relaxing days on the beaches of Cala Torta or Cala Mesquida or in your own garden with magnificent views of the surrounding hills.
Arta also impresses with its unrivalled nature. The region offers an unspoilt landscape full of hiking trails, rolling hills and protected areas that are ideal for nature lovers and outdoor activities. At the same time, the city is a cultural hotspot: the old town with its winding alleyways, the pilgrimage church Santuari de Sant Salvador and the lively weekly markets reflect the authentic Mallorcan lifestyle. Traditional festivals such as the Sant Antoni festival attract numerous visitors every year, and the regional cuisine - from fresh fish to typical specialities such as sobrasada - provides culinary highlights.
Buying a property in Arta is also attractive from a financial perspective. The region not only offers a stable increase in value due to rising demand, but also the opportunity to rent out holiday homes lucratively. Traditional fincas and modern villas are particularly popular with international buyers, as they offer the perfect mix of authentic charm and modern comfort. Thanks to limited building plots, the market remains exclusive and therefore a safe haven for long-term investments.
Arta also scores highly in terms of security, tranquillity and an excellent infrastructure. The region offers everything you need for everyday life, from schools and medical facilities to shopping facilities. Thanks to its good connections to Palma and the airport, Arta is also ideally located for international buyers.
Tips for buying a house in Arta
Buying a house in Arta requires careful planning to ensure that the process runs smoothly and successfully. One of the most important steps is to choose a trustworthy estate agent who knows the local market and will guide you competently through all stages of the purchase. This is where our property experts at KENSINGTON Artá are the right people to talk to. With our extensive experience and a broad portfolio of exclusive properties, we offer you customised support to help you find your dream property.
You should also check the legal and financial aspects carefully before buying. A careful review of the ownership structure and building licences is essential. It is equally important to include ancillary costs such as land transfer tax, notary fees and registration fees in your budget planning. Solid financing, ideally from a bank with experience in buying property in Mallorca, can offer you additional security.
Another tip is to view the property in person before buying and pay attention to details such as the building fabric, location and possible renovation requirements. If you are planning to use the property as a holiday home, you should also consider the legal requirements for rental licences in Mallorca. With the right preparation and support from our experts at KENSINGTON Artá, nothing stands in the way of your dream of owning your own home in Arta.
Costs and financing
The average price for property in Arta is currently around €4,000-5,500/m², although the price can vary depending on the location, size and features of the property. Traditional fincas with spacious plots or villas with sea views are often above this average, while smaller townhouses are generally cheaper.
For financing, a loan from a Spanish or German bank is recommended, as both often offer attractive conditions for property buyers abroad. Spanish banks usually offer mortgages with up to 70 % of the purchase price for foreign buyers, while German banks often offer the advantages of financing in the home currency.
In addition to the purchase price, buyers should factor in the additional costs. These include land transfer tax (approx. 10 % of the purchase price), notary fees, registration fees in the land register and any estate agent commissions. Overall, buyers should plan for additional costs of around 10-13% of the purchase price in order to be on the safe side financially. Good advice from a local financial expert or lawyer is advisable in order to optimally plan the entire process and avoid unexpected costs.
FAQ: Buying a house in Arta
What types of property are particularly popular in Arta?
Traditional fincas, modern villas and townhouses in the old town are the most popular types of property. The choice depends on personal preferences and the intended use.
How long does the buying process take in Arta?
The buying process can take around 4 to 12 weeks depending on the complexity and legal checks. Good preparation can speed up the process.
Is the property market in Arta also suitable for young families?
Yes, Arta offers a family-friendly environment with good schools, safe neighbourhoods and a variety of leisure activities.
Can I remodel or extend my house after I buy it?
Yes, conversions are possible, but depending on the type of renovation, you may need planning permission from the local authority. It is advisable to consult an architect or civil engineer in advance.
Is property in Arta a good option for retirement planning?
Yes, the increasing demand and the stability of value make property in Arta a solid investment that can also bring long-term returns.
What additional costs are incurred for a holiday rental?
In addition to the rental licence, you will have to expect ongoing costs such as maintenance, advertising and possibly the appointment of a manager.
How do I find the best location for my property?
That depends on your priorities: Beaches and nature in the Cala Torta area, peace and privacy in rural areas or cultural life and proximity to restaurants in the old town of Arta.
How good is the infrastructure in Arta?
Arta offers an excellent infrastructure with health centres, shopping facilities, restaurants and schools. Palma and the airport can also be reached in less than an hour.
Is buying a plot of land in Arta an alternative?
Yes, buying a plot of land offers you the opportunity to build a house according to your own wishes. However, please note the building regulations and restrictions of the region.