Spain’s Balearic Islands of Majorca and Menorca are very popular award-winning holiday destinations.
A mere hop, skip and a jump from France and Spain, Majorca is now even more easily accessible. EasyJet now offers less expensive, more frequent flights from nearly anywhere in Europe to Majorca. EasyJet, officially known as EasyJet Airline Company Limited, is based at the London Luton Airport.
More flights to the island per week also make it more realistic for Brits and other Europeans to purchase real estate on Majorca. Many Brits enjoy the atmosphere of the Balearic Islands so much that they visit several times per year.
Now, with more flights readily accessible, it could be time to stop renting a hotel room or condo and buy a vacation home. So far, British investors haven’t been reluctant to take advantage of this new opportunity. The Daily Telegraph printed an article revealing 11,000 Brits now own a home in Majorca.
Real estate investors don’t expect property costs in Majorca to drop any time soon, if ever. Majorca is currently one of the most expensive places to buy real estate in the Iberian Peninsula. Investors believe Majorca is one of the safest property investments you can make. The island has limited land available for new building. This means the existing homes could retain their value for years to come.
Because of its more remote and secluded location, it’s not surprising that many celebrities have homes on the island. One of Hollywood’s favorite couples, Michael Douglas and Catherine Zeta-Jones, own a holiday home in the village of Deia. Composer Andrew Lloyd Webber, Boris Becker and Claudia Schiffer also own homes on Majorca.
Waterfront property owners understand their property’s value. For several years there has been a ban on any type of construction within 25 meters of the coast. Those who already own beachfront property know this means if they decide to sell, they will have the ability to command a very high price. Beachfront homeowners know they’re living in a potential gold mine.
Purchasing a home in Majorca could be one of the most important investments in your life. Majorca sees 300 days of sunshine per year, making it one of the most widely sought-after tourist destinations in the world. Millions of people per year visit Majorca and neighboring Menorca. Majorca plays host to 23 golf courses and 25 marinas where, on any given day, you can see hundreds of brightly colored sailboats.
Less expensive and more frequent flights open up several doors for businesses such as wedding planners as well. Many couples looking to begin their lives together look for the perfect, picturesque place for their wedding ceremony. The new prices and frequency of flights to the island could quite possibly make many couples’ dreams a reality.
Rich in Spanish culture, Majorca has all the luxuries of a large city with a small town atmosphere. Tourists love the relaxing atmosphere, the salty breezes and the spectacular holiday celebrations, with many deciding to buy a Majorca holiday home.