Mallorca, the capital of the island, is considered to be one of the most liveable cities in the entire Mediterranean, and is in high demand among property buyers from all over the world. In addition to the wonderful climate, the warm temperatures and beautiful beaches, Palma offers culture, shopping, a rich gastronomy and an entertaining nightlife and not to forget exclusive properties such as apartments and penthouses. If you are interested in buying a high-quality property in the exciting capital of Mallorca, our experienced real estate agents of Engel & Völkers in Palma will gladly assist you in your search. We know the best locations and open the doors to some of the finest apartments and penthouses available for purchase. Let our portfolio inspire you. Here you will find a selection of first-class apartments and penthouses that our property brokers Engel & Völkers in Palma currently offer for sale.
Palma: The lively center of Mallorca inspires with exquisite real estate
Entertaining, diverse, unique: the purchase of a property in Mallorca's capital
Palma is incredibly diverse, which is to be expected in a city with more than 400,000 inhabitants. Our real estate agents from Engel & Völkers in Palma perceive the cosmopolitan atmosphere especially by means of our international clientele who are interested in the purchase of apartments and penthouses. In addition, the numerous international schools in and around Palma, such as the Green Valley International School in Mallorca or Queen's College, convey the cosmopolitan attitude of the island's capital and welcome newcomers. The gastronomy proves Palma’s rich facets and offers property buyers daily news. From Spanish to Indian to Asian: Whether restaurants like the Tast, which uses and reinterprets traditional products, or draftsier ones like the Mar de Nudos on the harbor. Buyers of an apartment or a penthouse in Palma also have the agony of choosing from the quite different neighborhoods. The trendy district of Santa Catalina with its trendy cafes, restaurants and bars is as popular as a real estate location as the old town with its many attractions and the boulevard Passeig Born or the Paseo Maritimo. Here, our estate agents from Engel & Völkers Palma sell predominantly impressive apartments and penthouses with sea views. In terms of exploring the island, Palma also offers the ideal starting point: from here you can easily reach other well-known coastal towns such as Puerto de Andratx and Santa Ponsa as well as traditional villages such as Pollensa and charming villages in the center of the island. These include Alaró and Santa Maria.
Market Report 2019: Find the right time to buy real estate with Engel & Völkers
The fact that Palma continues to be a popular hotspot and in great demand among real estate buyers is confirmed by the data of our current Engel & Völkers residential real estate market report. Accordingly, the number of real estate transactions in Palma has more than doubled since 2014. In addition, Palma is popular with all groups of buyers - whether families, couples or business people. Apartments and penthouses usually find the right buyer within three to six months, and the high demand for top-level properties has led to a shortage in the real estate market in the meanwhile. Most popular are apartments and penthouses with terrace or balcony and sea views. The average prices for corresponding properties are currently 800,000 euros. Our real estate agents from Engel & Völkers in Palma assume that this trend will remain stable over the next few years.
Engel & Völkers Palma: The go to for the purchase of an apartment or a penthouse
You want to buy an apartment or penthouse in beautiful Palma and are still looking for a suitable real estate agent? Why not choose the market leader for upmarket properties? Starting with the first international Engel & Völkers residential property shop in Palma, our well-trained real estate agents take care of real estate buyers and sellers at 18 locations throughout the island. In addition, through our global network of over 800 locations on four continents, we have a large number of property owners around the world looking for a buyer for their Palma apartment or penthouse. Thus, our real estate agents are able to show you some of the most beautiful properties in the island's capital. Do you have any questions or would you like to get personal advice on your real estate purchase? In one of our three Engel & Völkers residential real estate shops in Palma we advise you individually and in detail.