Mallorca’s Palma Airport is gearing up for its busiest ever September. Visitor numbers look set to top those seen in the same month during 2019, which was Mallorca’s busiest September to date, with 3.7 million arrivals.The island’s property market is also booming, with foreign buyers playing a major role in it. According to Q2 2022 figures from Colegio Registradores, foreign buyers in the Balearic Islands jumped by a staggering 34.66% compared to the same period in 2021 – the highest increase in volume of foreign home buyers of any area in Spain. The Balearic Islands were also the Autonomous Community with the highest average price in Spain during the same quarter, at €3,180/m² – well above the national average of €1,957/m²). |
Nationally, Spain’s housing market is incredibly busy. The 163,909 registered sales during Q2 2022 were the second highest number in any quarter since the beginning of 2008. The same is true of the number of sales over the past year – the 626,345 sales are the highest number seen since mid-2008. When it comes to foreigners buying homes in Spain, Britons are leading the field. Foreigners accounted for 14.7% of total home purchases in Spain in Q2 2022 (up 1.49% since Q1 2022). Of those, Britons make up the largest group, accounting for 9.8% of all foreigners buying property in Spain during Q2 (followed by Germans, at 9.1%, and French buyers, at 6.6%). “Mallorca is leading Spain’s intensely busy property market right now, with strong demand from overseas buyers. British and German buyers in particular are snapping up properties in the Balearics. Properties in traditional Mallorquin villages that provide easy access to the coast are in hot demand.” Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España |
It is in the midst of this flourishing market that leading Spanish home builder Taylor Wimpey España has launched its latest development on the island: Es Balcó. Located in the pretty village of Ses Salines, on Mallorca’s southern coast, Es Balcó is home to 33 apartments and duplexes. The two- and three-bedroom properties are priced from €315,000 plus VAT. The ground floor apartments come with private gardens, while each penthouse has direct access to its own solarium terrace. The duplex homes come with both terraces and solariums, some of which provide views across the sea as far as Cabrera Island. All owners enjoy use of the communal pool and landscaped gardens. The launch of Es Balcó follows the sell-out success of Taylor Wimpey España’s first development in Ses Salines: Ikat. Launched in 2021, Ikat saw all 23 apartments sell out within six months. Now, buyers who missed out on the chance to buy at Ikat have a second chance to own a new home in Ses Salines, at Es Balcó. |
Due for completion in June 2024, the apartments at Es Balcó will feature high quality, eco-friendly finishes, including air conditioning with an air source heat pump and individual climate control in each room. Ceramic flooring and natural oak veneer doors deliver a distinctly Mallorquin vie inside, while kitchens come fully equipped with Bosch appliances and Silestone worktops for a thoroughly modern finish. “Ses Salines is the ideal location for buyers who want to immerse themselves in the Mallorquin lifestyle, while still enjoying the convenience of having all they need on their doorstep – as well as easy access to beautiful beaches, outstanding golf courses and a range of other sport and leisure amenities. Whether families want an active break or simply to relax in the sun, Ses Salines is the perfect spot, which is why we are so pleased to be launching Es Balcó there.” Marc Pritchard, Sales and Marketing Director, Taylor Wimpey España For more information, please contact Taylor Wimpey España on 08000 121 020 or visit https://www.taylorwimpeyspain.com/. If you reside outside of the UK, you will need to call 00 34 971 706 972. |
