Saturday, 16 April 2011

Mallorca is Beating the Mainland

Buyers are choosing to look at property on Mallorca rather than the mainland with the visitor numbers and enquiries having steadily increased over the last year.

The sales and marketing director of Taylor Wimpy de Espana, Ignacio Osle believes this is because the island has so much to offer with beautiful architecture, a wide range of sport and leisure activities and wonderful beaches. The island's capital, Palma de Mallorca was recently voted one of the five best towns for travel and tourism in 2010 by Exceltur.

The airport at Palma de Mallorca is the third busiest in Spain and handles more than 21 million passengers, and the airlines have been quick to respond to this increased demand with new flights beginning this year.

Ryanair will begin operating flights from Birmingham while EasyJet will be flying from Manchester. Jet2.com is due to start flying from Glasgow and Eastern Airways will be flying weekly from London Oxford airport from this June.

Mallorca is also becoming more popular with cruise ships and received over 500 last year while a 28 million Euro designated birth is currently under construction and will be able to accommodate up to 5 larger ships.

The Balearics as a whole have seen 145% increases in property sales last year when compared to 2009. Average asking prices in Mallorca are the second highest Spain at €428,300, although overall, asking prices have dropped over the last two years as the market has realigned itself.

Taylor Wimpey has two new developments on the island, one of which is to the north of the island eight few minutes from a Pollensa beach while the other is to the south-west of the island at Las Altos del Golf in Andratx.

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