Bufete Frau | The Construction of Luxury Properties grows in Mallorca

Posted by bufetefrau | filed in Property Law and Tax Issues

According to the Colegio de Aparejadores de Mallorca out of the 156 homes planned in the first three months of 2015, more than 70% (114 villas) are luxury properties.

It is a great opportunity for buyers and investors who are be able to buy properties for an average price that ranges the €700,000 .

The areas with the greatest number of villas licenses are found in Santanyi and Alcudia, with a dozen construction projects each, six licenses have been granted in Calvia, seven in Llucmajor and three in Andratx.

Continues, at a very good pace, the recovery of the investment of Luxury Properties in Mallorca and is being consolidated as a great opportunity for foreign investors and citizens in search of second residence in Mallorca.

Bufete Frau