Property Of The Week

Just finished and new on the market, this contemporary finca is located on an idyllic hillside plot with a south-west orientation in Santa Maria (about 15 mins drive from Palma Airport). It features generous living spaces, five bedrooms with en-suite bathrooms and access to the outdoor area with pool with covered terrace and possibility for a summer kitchen as well as several sun terraces. The entire property is oriented with views to Palma.

It has a full basement. Besides two garage parking spaces, the basement offers space for a bodega, a fitness room as well as several storage and technical rooms. Additional features include: Underfloor heating and fully equipped with air-conditioning with heat pump, natural stone floors and wooden elements, fireplace, 18-metre-long pool, domotic system, own well, fitted kitchen with Miele appliances, newly planted garden and much more.

Advancing vaccination programs and a desire to enjoy the Mediterranean lifestyle are all factors reflected in the dynamics of Mallorca’s residential real estate market. In the first half of this year, Engel & Völkers Mallorca brokered a total transaction volume of approximately €341 million and has reached the end of the first half-year on a high note despite the ongoing pandemic.

“The transaction volume for real estate has doubled compared to the same period last year. We are on course for a financial year with the highest turnover in the company’s history”, says Florian Hofer, Managing Director of Engel & Völkers Balearics. Driving factors in this development include an increased willingness to buy in the premium segment, a shorter time period to sell properties, and the high mobility capabilities of international clients. Between January and June 2021, the average sale price recorded by Engel & Völkers for residential properties in Mallorca was €1.68 million.

The elegant newly built country estate with sea views is on the market for €7.9 million.

mallorcasouthwest.com/mallorca-property/