Many people interested in property make a conscious decision to rent first before purchasing their dream property. The advantage is obvious – the property can be calmly and carefully selected according to location, quality and, above all, suitability for daily life. Or maybe a specific time period needs to be bridged until one’s own home is finished.
In comparison with the Northern European rental markets the Majorcan market seems less transparent and the price quality ratio is often totally out of all proportion to each other. Square metre prices can only be reliably determined in the capital city of Palma, in other areas – primarily the South West – points such as location, sea view and luxurious furnishing features are crucial factors in the cost of rent. Here too the price level is determined by supply and demand and not infrequently fancy prices are paid for so-called top locations.