In the southwest, you’re on the sunny side – as a resident and as a property owner.
Swissquality Estates focuses on southwest Majorca. This particularly sun-drenched region boasts outstanding transport and utility infrastructure as well as excellent medical institutions. Palma is just 10-20 minutes away by car, and the airport just 20-30 minutes away. The southwest is known for its alluring Caribbean-like beaches and breathtaking coastal cliffs and crags. It’s home to the island’s best golf courses, as well as yacht harbors and a wide selection of exclusive shopping. The many restaurants, bars, cafes and rustic bodegas are perfect for gourmets, flâneurs and romantics.
Demand for real estate in southwest Majorca has been growing continuously for many years. As such, the market is characterized by a stable upward trend, especially for luxury apartments and villas worth up to €5 million. The increasingly strict building regulations prompted by the growing scarcity of areas for construction also testify to this. Nature reserves make up around 40% of the island’s area. Demand is also being driven by a European Court of Justice ruling that forced Spain to reduce the amount of inheritance tax charged to expats to just 1%-7%, giving people an additional incentive to invest in real estate. Renting out properties in this area can also bring returns of up to 5%.