Engel & Völkers Intelligence

Mallorca

Mallorca is the center of the Balearic Islands and the most important housing market in the Mediterranean.

The first signs of spring and warmer, longer days bring hope that life will become easier. Throughout these extraordinary times, the demand for Mallorca’s real estate has never been higher. New technology helped us to continue selling virtually with more than 27,500 Matterport virtual visits, assisting clients to make decisions faster. Covid-19 has had little impact on the island’s premium real estate market - affluent buyers appreciate the island as a safe haven. The main selling points remain Mallorca’s sunny climate, stable flight connections, and modern infrastructure. In 2020 all these factors helped Engel & Völkers Mallorca to achieve a high level of sales transactions of 406 million euros and prices remained largely stable in the high-end segment of the market. Engel & Völkers celebrates over 30 years in Mallorca backed by over 150 real estate agents and employees in 18 property shops offering in-depth local know-how in your own language. So make the next step towards your new Mediterranean dream with the island’s market leader!

Engel & Völkers Mallorca Luxury Real Estate Market Report

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