Market Assessment of Majorca Holiday Real Estate Market
Positive market development in Spain for 2013 – Majorca’s sales figures above national average
Impressive property in privileged situation close to Llucmajor
The Spanish statistics office “Instituto Nacional de Estadística”, INE, reports positive growth in the area of real estate transactions for the current year. During the period from January to April 2013, Spanish notaries registered a total of 105,924 sales transactions (excluding social housing construction), representing a year-on-year increase of 10%. The Balearics – where a total of 2,973 properties changed hands during the first four months of the year – showed an increase of 12%, putting the islands slightly above the national average.
Increased demand also visible on Internet
With up to 100,000 visits per month, the website ...