Not even the pandemic can crush homebuyers’ love of Mallorca
Do you love Mallorca?
- Foreign buyers account for 32.65% of all Balearic Island sales (Registradores)
- Taylor Wimpey España reports 42% increase in leads
- Ryanair includes Mallorca as key focus for summer schedule
Leading Spanish home builder Taylor Wimpey España has announced details of its newest launch: Ikat, in the picturesque town of Ses Salines, on Mallorca’s southern coast. The launch comes as figures from Registradores de España show that not even the pandemic can crush foreigners’ love for the Balearic Islands. In Q4 2020, foreign home buyers accounted for 32.65% of sales, compared with 10.73% for Spain as a whole.
“All eyes are on Mallorca as we wait for confirmation on how soon international travel can resume. Interest from foreigners and travellers from mainland Spain is up, so we are delighted to be launching such an interesting new development at this particular time.”
British interest in Spanish property is up by 24% YTD when measured in terms of Taylor Wimpey España’s website visitors, while interest from Germany has doubled in 2021. Overall leads are up by 42% YTD. 39% of those leads hail from the UK.
Kyero, meanwhile, reports an increase in visitor enquiries from the Netherlands, Germany, Belgium, Ireland and Switzerland by up to 48.4%. Most notable has been a huge surge in interest from 18-34-year-olds, as the pandemic and the wider acceptance of remote working impact property buyer behaviour.
In terms of demand from within Spain, it’s telling that Ryanair (Spain’s leading airline) has just launched nine new routes, three of which are to Mallorca: Mallorca-Zaragoza, Mallorca-Santander and Mallorca-Tenerife Norte. The airline has also scheduled an additional four flights per week between Mallorca and Valencia.
In the midst of this booming interest in Mallorca, Taylor Wimpey España has launched a small and exclusive collection of ground floor apartments, penthouses and duplexes just metres from the centre of Ses Salines. Ikat’s apartments provide private gardens for the ground floor homes and spacious solarium terraces for the penthouses, while duplexes come with both. Many of the homes provide magnificent views of the sea and the island of Cabrera from their terraces.
Ikat has been developed in the traditional Mallorcan architectural style, meaning that the homes integrate beautifully into the surrounding scenery. They surround a generously sized pool, with plants, flowers and mature trees adding to the charm. Priced from €260,000 plus VAT, each apartment has two double bedrooms, a fitted kitchen and two bathrooms, while duplexes have an additional guest cloakroom. A storeroom and outdoor parking space are included with each home.
“Every element of the design at Ikat has been considered with buyers’ priorities in mind. Our focus has been on providing the maximum amount of space and comfort within each apartment and duplex, giving buyers the room they need, both indoors and out. With prices on the rise in Mallorca, now is the ideal time to buy a home on this beautiful island.”