Plots and projects - island-wide
After a few years of downtime construction activities can be seen again in Mallorca, building applications have increased by 19 %.
After a few years of downtime construction activities can be seen again in Mallorca, building applications have increased by 19 per cent according to the Chamber of Architects and Stress Analysts (January - September 2018). The main focus here being multiple dwelling units and townhouses, which has to do with the fact, that plots for detached houses are rare. But there are a few still available, you just got to know where!
Private buyers and investors will have to focus on existing villas. The motto is to reform and renovate or to demolish and re-construct. Investments are worth their money, as the increased value of such objects can be of up to 215 %.
You can find more details on this subject in our November-newsletter “Plots & projects”, which we sent out yesterday. If you are interested in further details and would like to subscribe to our newsletter, click on the picture right here and go to the newsletter section: