Mallorca Resale Property Market

13 June 2010

Good times are back - financial institutions are in a position to lend again.

Since the beginning of the economic downturn in 2007 resale property prices have been going down significantly and this trend continued for 3 consecutive summers. We are now able to see the return of the market to the position we saw back in 2006.

Encouragingly the number of transactions went up throughout 2009 averaging 13.5% each season. As the market gets stronger - getting  a good deal in the Balearics may get more difficult, so its worth considering investing in Mallorca in the next 6 months.

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Property of the week
Country House
Soller and Port de Soller, Mallorca

Beautiful semi-detached country house for sale in Soller with a lovely pool and garden...