“Buyers in the southeast find a beautiful coastline, traditional villages and sophisticated yacht harbours.” Nils Haase Managing Partner of Engel & Völkers Mallorca Southeast 17 years in Mallorca and 26 years with Engel & Völkers The southeast of Mallorca is a region with a a good connection to Palma and the International unique character. It is an area of hilly landscapes, Airport. They want their new home to be a peaceful beautiful sections of coast, traditional villages and retreat in idyllic surroundings, but they also expect elegant yacht harbours. It therefore appeals both excellent infrastructure. to individualists and to families. They love the combination of rural areas, authentic villages and With a forecast transaction volume of around 230 million euros and some 1,000 sales in the southeast, one can observe a stable market development. Number of Real Estate Transactions and Real Estate Transaction Volume However, owners find that their sale price expectations 250 M are not always accepted by the customers who are 1,250 looking to buy and who may have set themselves a lower budget for their holiday home. The majority of 1,000 200 M properties are purchased without financing. The time taken to sell a property has settled at an average of 750 150 M six months. Buyers in this region come mainly from German- 500 100 M speaking countries, Scandinavia and France. In the main, prospective purchasers are looking for as-new, 250 50 M modern properties with plenty of light and space and the very latest fixtures and fittings but also with Mediterranean character. The southeast is popular with buyers because of its diversity, with delightful beaches and coves, traditional villages and plentiful Number of Transactions Transaction Volume Prognosis yacht harbours. Figure 16: Real Estate Market – Mallorca Southeast, Ministerio de Fomento EUR stinU 20142015201620172018