# Mallorca property market hots up as pre-Brexit British buyers snap up second homes Author: Pal Sinha, Barnali Author URL: https://financedigest.com/author/pal-sinha-barnali Published: 2018-05-23 Category: LIFESTYLE Category URL: https://financedigest.com/category/lifestyle Meta Title: British interest in Mallorca properties on the rise Meta Description: Taylor Wimpey España reports a 36% increase in British reservations in the past year. Discover affordable luxury homes in Palma de Mallorca and Cala D'Or. URL: https://financedigest.com/mallorca-property-market-hots-up-as-pre-brexit-british-buyers-snap-up-second-homeshtml ![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/mallorcas-beaches-1736842700022-compressed.jpg) - **Reservations by Brits up 36% in past year (Taylor Wimpey España)** - **Prices in Palma de Mallorca up 14.7% (TINSA)** - **Total Mallorca reservations up 43% in last 4 months (Taylor Wimpey España)** ![Mallorca's beaches](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/mallorcas-beaches-1736842700022-compressed.jpg) Mallorca’s beaches aren’t the only part of the island hotting up. Leading Spanish home builder [Taylor Wimpey Espana](https://r20.rs6.net/tn.jsp?f=001J3zzj4SnKUWCh3utdpkjw-syaiUoTcahJGpUCTW6N7gWXkFwWFIrSqQ-ggFydf5b51o8T6G0OR2vU2H2XTVlK0Bkcu-Rh5OAYrS5_OnCj4JzcaQJDhks_PBIOA9phNtlhNIvwJoo_dPmvSweymAm3duMq3bEFcqDn_8fU9wiE2rbXLxkLT-P4A==&c=bZUVPgsm6yeN_yK3VPRQJRMTRZCR-llJ4ko6S7j2GElxsA07pWBJ2g==&ch=gDhS0NWzodQwXCqT4pcrHShwub2XNbndPpoIQk5BZ91ML4z9E3K1sQ==), which celebrates 60 years of operation this year, has reported a notable increase in property reservations on the island by British buyers. While reservations on Mallorca overall are up 43% year to date, British [growth stands at 36% for the same period](https://www.financedigest.com/lightweight-compact-wheel-loader-market-are-projected-to-total-us-1-64-bn-by-2022-exhibiting-growth-at-2-7-cagr-over-the-forecast-period-2022-2030.html "Lightweight Compact Wheel Loader Market are projected to total US$ 1.64 Bn by 2022, exhibiting growth at 2.7% CAGR over the forecast period 2022-2030"). **_“Mallorca is enjoying a substantial and sustained increase in [interest from British buyers.](https://www.financedigest.com/uk-buyers-lead-interest-in-megacity-istanbul-accounting-for-21-51-of-all-property-enquiries.html "UK BUYERS LEAD INTEREST IN ‘MEGACITY’ ISTANBUL, ACCOUNTING FOR 21.51% OF ALL PROPERTY ENQUIRIES") Many buyers are keen to establish their presence on the island – with either a second home or a primary residence – well before next year’s Brexit deadline.”_** **_Marc Pritchard, [Sales and Marketing](https://www.financedigest.com/e-prescribing-market-sales-revenue-to-substantially-surge-in-the-next-ten-years.html "E-Prescribing Market Sales Revenue to Substantially Surge in the Next Ten Years") Director of Taylor Wimpey España_** Mallorca offers a blend of sunshine, beaches, mountains and leisure pursuits that appeals hugely to [British holiday home buyers](https://www.financedigest.com/what-brexit-mean-for-british-buyers-in-spain.html "WHAT BREXIT MEAN FOR BRITISH BUYERS IN SPAIN"). Properties on the island are also attractively priced compared with those in the UK. Stylish two-bedroom apartments are available from €238,500 + VAT at Taylor Wimpey España’s [Acquamarina](https://r20.rs6.net/tn.jsp?f=001J3zzj4SnKUWCh3utdpkjw-syaiUoTcahJGpUCTW6N7gWXkFwWFIrStHrUr76zNHs9gIAeVmKpFUikMJ0BVc5nSR344p1jZ5LgfNTkSDXB_dGl-6y3BXNd3S0dIqkPA_zge7qg_zax4TUBLu1x6O7Y2SPjPi2V99ykNFXLMA-Kz-AOOMnhlKvQiBFylFsyN7hd5P844tC3eyR3knFEdWdNg8HcE0OC8e_Vp4fNwJMSZA=&c=bZUVPgsm6yeN_yK3VPRQJRMTRZCR-llJ4ko6S7j2GElxsA07pWBJ2g==&ch=gDhS0NWzodQwXCqT4pcrHShwub2XNbndPpoIQk5BZ91ML4z9E3K1sQ==) development at Cala D’Or. The spacious homes offer open-plan [living that stretches](https://www.financedigest.com/cost-of-living-in-focus-as-australias-election-race-hits-final-stretch.html "Cost of living in focus as Australia’s election race hits final stretch") out onto generous terraces for making the most of Mallorca’s climate. ![Private porches and gardens](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/private-porches-and-gardens-1736842700103-compressed.jpg) Communal gardens bursting with native [plants lead to a shared](https://www.financedigest.com/plant-based-beverages-market-growth-opportunities-industry-analysis-size-share-geographic-segmentation-and-competitive-landscape-report-to-2028.html "Plant-based Beverages Market Growth Opportunities, Industry Analysis, Size, Share, Geographic Segmentation And Competitive Landscape Report To 2028") pool for residents to enjoy at their leisure. Private porches and gardens complete the ground floor apartments, while the luxurious penthouses enjoy their own solariums with magnificent views. Prices on Mallorca are responding to the uptick in interest, with TINSA reporting a [rise in values in Palma de Mallorca of 14.7% over the past](https://www.financedigest.com/bitcoin-price-rises-past-50000-as-rebound-continues.html "Bitcoin price rises past ,000 as rebound continues") year. Indeed, property values across the Balearic Islands have risen by [10.5% over the last 12 months](https://www.financedigest.com/spain-august-final-12-month-inflation-at-10-5.html "Spain August final 12-month inflation at 10.5%"), according to TINSA. This represents one of the best [growth rates of any Spanish region](https://www.financedigest.com/animal-feed-additives-market-regional-industry-segmentation-analysis-by-production-consumption-revenue-and-growth-rate-by-2031.html "Animal Feed Additives Market Regional Industry Segmentation, Analysis by Production, Consumption, Revenue and Growth Rate by 2031"). The potential for capital [gains at such rates](https://www.financedigest.com/global-shares-slide-dollar-gains-as-rates-rise-on-strong-data.html "Global shares slide, dollar gains as rates rise on strong data") is of course another draw for British buyers, but many of those who buy do so simply as a result of falling in love with the island. Winding, mountainous cycle routes, sparklingly fresh seafood, a wide range of water sports and stunning beaches that invite endless hours of relaxation are a winning combination. **_![TINSA reporting a rise](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/tinsa-reporting-a-rise-in-v-1736842700044-compressed.jpg)_** **_“Mallorca has something about it that captivates and charms. The island has long been a holiday hotspot for visitors from many countries, and remains a firm favourite with both German and British tourists._** ![Marc Pritchard](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/marc-pritchard-1736842700031-compressed.jpg) Marc Pritchard **_“Those seeking holiday homes here are driving the market at a fast pace right now, with demand and prices increasing [well ahead](https://www.financedigest.com/cricket-injured-buttler-progressing-well-ahead-of-t20-world-cup.html "Cricket-Injured Buttler ‘progressing well’ ahead of T20 World Cup") of Spain’s national average.”_** **_Marc Pritchard, Sales and Marketing Director of Taylor Wimpey España_** Buyers looking for easy access to the beach will enjoy [Cala Murada at Manacor](https://r20.rs6.net/tn.jsp?f=001J3zzj4SnKUWCh3utdpkjw-syaiUoTcahJGpUCTW6N7gWXkFwWFIrSnOqbD8p1luO6ExMpXXupI5TVWPoLoX9UDNxBqa6RdyYhN_dTLLXnexURjeeQUFj7sgR5-7NqcKmtWXvhtv_CfWkLNwWH0DlQQ9OCQostp3Xml3fUKg51S9ZcZj8lZjJwdDClwSYBK6qYeW9F4SGCFhfkRapZb3aOe3wSFuyh3fhoxxiz08vz2Q=&c=bZUVPgsm6yeN_yK3VPRQJRMTRZCR-llJ4ko6S7j2GElxsA07pWBJ2g==&ch=gDhS0NWzodQwXCqT4pcrHShwub2XNbndPpoIQk5BZ91ML4z9E3K1sQ==), on the island’s eastern coast. Just 150 metres from the island’s powdery white sands, the impressive townhouses offer delightful sea views, with private gardens and terraces ensuring that owners can soak up the sun while gazing out to sea. Cala Murada is home to just four properties, with this exclusive, gated development [providing high end](https://www.financedigest.com/rapidly-growing-end-use-industries-worldwide-is-providing-traction-to-the-13-dioxolane-market-growth-fact-mr-report.html "Rapidly growing End-use Industries Worldwide is Providing Traction to the 1,3-dioxolane Market Growth: Fact.MR Report") homes in a tranquil oasis. Prices start at €399,000 + VAT. --- This blog is powered by Superblog. Visit https://superblog.ai to know more. ---