Mallorca remains one of the most attractive destinations for buying a property, whether as a primary residence, second home or investment. However, with a constantly changing market, many are asking themselves: is 2025 a good time to buy a house?
At REMAX DRAC, we analyse current trends and offer you key advice to help you make the best decision:
Trends in the real estate market in Mallorca
- Stable demand: Although the market has experienced ups and downs in recent years, local and international demand remains high, especially in areas such as Santanyí, Palma, Andratx and Pollensa.
- Interest from foreign investors: Mallorca continues to attract buyers from countries such as Germany, the United Kingdom and the Nordic countries, who see the island as an opportunity to acquire exclusive properties and enjoy a high quality of life.
- Limited supply: The scarcity of developable land and increasing environmental protection measures keep supply restricted, which favours price stability in the medium and long term.
- Price trends: In 2025, the market shows moderate growth, with prices tending to stabilise after years of sharp rises, offering greater security for buyers.
Tips for shopping in today’s market
1️⃣ Define your needs and budget
Before you start looking, determine what type of property you want (flat, villa, country estate), its ideal location and how much you are willing to invest.
2️⃣ Seek advice from local experts
The Mallorcan market is complex and varies greatly from area to area. Having a specialist agent will help you to understand the real value of each property and identify opportunities that suit your interests.
3️⃣ Take additional costs into account
Do not forget the purchase costs: taxes (ITP, VAT, AJD), notary, land registry, agency fees and possible renovations. These can represent between 10% and 13% of the purchase price.
4️⃣ Take advantage of financing at the right time
With interest rates expected to be more stable in 2025, it will be possible to access competitive mortgages. Even so, compare several offers and study the conditions carefully.
5️⃣ Think long term
Mallorca offers great potential for appreciation, but each area evolves differently. A strategic purchase can become a profitable investment for both renting and reselling.
Conclusion:
2025 offers a stable scenario that makes buying a home in Mallorca an interesting opportunity, provided you have good advice and clearly define your objectives. At REMAX DRAC, we help you find the perfect property for you and manage the entire process with security and peace of mind.
Please contact us for personalised advice on your next purchase in Mallorca.
