Why is Mallorca the perfect place to buy a holiday home?

Lazazu Team

June 6, 2022

Mallorca has long been known as one of the most perfect places to buy a holiday home, with its great climate and easy flight connections. Anyone who has spent time on the Spanish island of Mallorca knows that it’s a special place. Imagine: over 200 spectacular, sun-drenched beaches sprawled along the shoreline. The magnificent Serra de Tramuntana Mountain range – a UNESCO World Heritage Site. Charming countryside villages that provide a sanctuary from the outside world and a cosmopolitan lifestyle at its most desirable in the capital city Palma.

When considering a second home people look for things to do, space, modern day conveniences, authenticity and sound investments. Properties in Mallorca can offer all of these things. So, is Mallorca really the perfect destination for a second home? Let’s explore…

 

1. Ample activities

For those in search of the good life – however you define it – Mallorca is your playground. Beach lovers have over 200 white sandy beaches to choose from. Hikers, cyclists and mountain bikers can chase their thrills in the mountains and on back-country roads. Art and culture enthusiasts will find more than they bargained for in the island’s ever-evolving art scene and prolific portfolio of local artists. City lovers can lose themselves in the streets of Palma amongst its rich and storied sights, shops and restaurants. Wine enthusiasts can taste local wines in the island’s wine capital, Binissalem. And families can enjoy a gentler pace of life amongst the friendly and diverse island population. Whatever you and your family’s idea of fun, this is where you’ll find it.

 

2. Properties to suit all tastes

Mallorca’s property market is as varied as the island itself. No matter your preferred style, there’s a holiday home to fall in love with. Perhaps a cosy home with mountain views in Santa Ponsá is for you. Or would a traditional Mediterranean-style villa suit you better? Do you dream of a quaint and quiet, yet centrally located townhouse with a garden in Binissalem? Or does a sprawling country home on large grounds less than 15 minutes from Palma sound like home to you?  Whatever your notion of the perfect retreat, you’re sure to find it on this magnificent island.

 

3. Data speaks for itself

According to Engel & Völkers North Mallorca, Mallorca’s prime property prices for villas and country homes have increased by 15-20 percent since the Covid pandemic hit. Most of these sales are derived from foreign buyers. The holiday rentals market on the island is also very strong, making it difficult to see a downside to owning a holiday home in Mallorca.

 

4. Best of both worlds

Second homes are not always easy and accessible to everybody, and this is where managed co-ownership comes into play. A smart and sensible route into the high-end property market, with all of the benefits at a fraction of the cost. That’s what we do at Lazazu. Our selection of beautiful homes in Mallorca are carefully curated to offer maximum value and pleasure. We’re here to help you identify your perfect second home and guide you through the purchase process. Once you’ve decided how much of the home you want to own (a ⅛ share gives you 45 nights of exclusive use per year), we manage everything for you. After the purchase, we look after all aspects of managing the home and will be your single point of contact. Simply schedule your stays using our intuitive technology. We make co-ownership simple so that all you have to do is enjoy it.

 

Discover more about Lazazu:

How Lazazu co-ownership works | Frequently asked questions about shared holiday homes | The benefits of fractional ownership | Browse Lazazu’s selection of second homes | The difference between timeshare and co-ownership