Palma was voted the best city to live in by the Sunday Times. The island of Mallorca has more than 300 days of sunshine a year, nearly 200 beaches and the incredible scenery, and a wide variety of outdoor sports. A paradise on earth with excellent connections to most European capitals and a wide variety of international schools all over the island. Moreover, its rich culture, history and tradition spread around every corner.
Overall, Mallorca is a dream property destination where most Europeans are settling their second home.
Due to the increase of remote jobs and the search for open-air spaces, Mallorca is becoming not only a second-home destination but also a first-home destination for foreigners from Germany, Scandinavia, The UK, or The Netherlands.
In August of 2021, the price per square meter reached an all-time high. Mallorca has one of the strongest real estate markets in Europe now, as its rich landscape offers a wide selection of different properties: countryside cottages, beachside houses, coast side villas, or the most attractive city penthouses. This variety of properties makes Mallorca very different and unique from other luxury destinations in Spain and Europe.
From our headquarters in Mallorca, we are the leading financing experts in the Balearic Islands. Nowadays it makes sense for everyone to mortgage. With a team of professionals who add up over 50 years of joint experience in the Spanish banking industry, our combined knowledge and expertise make us the go-to company for anyone seeking to buy real estate in the Balearic Islands.
Buying a property in a foreign country can be challenging, so it is essential to understand the differences and the advantages of financing in Spain. When financing your property in Mallorca, you can benefit from significant wealth tax deductions whilst maintaining liquidity and making the most of low-interest rates.
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Thanks to our extensive experience and all the deals closed during these years in Mallorca, we make the process as smooth as it can be finding the best conditions and rates for every buyer at every moment. In the past year we have negotiated some of the most competitive deals for financing luxury properties on the island. Our team of experts are one contact for over 30 banks that operate in Mallorca and the Balearic Islands.
Especially after the exponential growth of the Balearic real estate market, the process of buying in Mallorca can be overwhelming. Therefore, we can also facilitate all our contacts including local lawyers and valuation companies to ensure our clients can control the whole pre and post purchasing process locally.
Do not hesitate to contact us, so we can help you optimize your investment in the Spanish Mediterranean paradise.
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You are one step away from obtaining key information on how to optimize your property purchase in Spain with a mortgage. Arrange an appointment to find out how we can help you. We are your mortgage brokers.
