Go to GoReading for breaking news, videos, and the latest top stories in world news, business, politics, health and pop culture.

The Northern region of Mallorca

101 8
This delightful contrast is one of the reasons why the North is so popular with property buyers. "Pollensa and Alcudia have something for everyone," says James Foster of Properties International, who runs offices in Puerto Alcudia, Can Picafort and Pollensa. "It is ideal for children, couples, the elderly, golfers, hikers or sun-lovers. Both regions still have some ‘untouched' areas. It is quiet, peaceful, clean and safe."

The properties on offer in the communities of Pollensa and Alcudia range from studio apartments at a starting price of 60.000 Euros, up to luxurious country residences worth millions.

The buyers in the North are a mix of different nationalities with the majority being British and a notable increase in the Spanish buying back into the market. However, eight out of ten buyers are British families looking for early retirement and a better quality of life. Many buyers are looking for properties as holiday homes for now, with the potential to become primary residences sometime in the future. Price is important, but the typical buyer is more interested in quality, situation and comfort, and developers are responding to this need. "The property price range in Pollensa is, as everyone knows, one of the most expensive on the island," explains James Foster, "but we realise that we are in a buyer's market and most properties tend to sell below the asking price. Alcudia, because of its vast size and the variety of property on offer, really has something to suit most pockets."
  • Pollensa, Puerto Pollensa, Cala Sant Vincens & Formentor

The town of Pollensa, surrounded and sheltered by the dramatic Sierra de Tramuntana mountain range, is highly popular with buyers who enjoy being close to the vibrant Puerto Pollensa but prefer to live among locals. Another major plus point, mainly for permanent residents, is the fact that businesses and restaurants stay open all year round.

The British and Spanish from the mainland discovered Puerto Pollensa long before the boom of tourism started in the sixties and many families have been spending their summers here for generations. This gives the port a unique atmosphere, unrivalled on the island: the foreigners know each other and the locals! Whether sailors or yacht owners, golfers or hikers, everybody will find it easy to make friends and to integrate into the wider community.

Those who live here enjoy mixing with the locals and their children go to local schools. The port is select without being snobby, which differs from the Southwest for example. The atmosphere is friendly and down-to-earth, even though many of the richest families are from British nobility or the business world and have their summer residences here, or are simply part of the expat community.

The properties for sale are mainly located in the new Urbanisations; La Font and El Vilar are quiet residential villa areas at the edge of town, while Gomar and El Pinaret mainly offer apartments. "The Bellresguard complex in Puerto Pollensa has the best apartments not only in Pollensa but possibly the whole island," says Jordi Riusech, owner of real estate agency Riusech in Puerto Pollensa. "The properties are large, the quality superb, and the design of the buildings is great."

The most exclusive properties in Puerto Pollensa are on Pinewalk, towards the end of the seafront promenade.

Due to the sea views, limited availability, and secludedness, the villas and residences built on Formentor are worth millions and have mostly been owned for generations by the same families, many of them aristocrates and celebrities.

Another highly sought after area is the picturesque Cala Sant Vincens, situated west of Pollensa with crystal clear water and a romantic bay. This is an ideal location for those looking for a bit more peace and quiet. In winter however, it may be too quiet for some: unlike the port and Pollensa, all the restaurants and hotels close down over the winter months and only a few residents stay in the small village.

The quiet Urbanisations of Malpas and Bonaire, which are half way between Pollensa and Alcudia, are also up and coming. The villas spreading up the mountains boast spectacular sea views, are private and quiet, but are still close to the beaches, restaurants and shopping facilities.

An interesting piece of information for those looking to build themselves, or for investors, is that the long-standing building ban formerly operating here has recently been

lifted and a nice share of plots are now available on the market. Further towards Alcudia an area called Aucanada is currently very much in demand. It is a quiet discrete urbanization which is the home of both foreigners and Spanish and boasts one of Europe's best golf courses bordering the sea. Properties here start at around 400.000 Euros, but as James Foster says, there are still some bargains to be had.
  • Alcudia, Puerto Alcudia & the bay

Finally, the region of Alcudia is split into the historic town of Alcudia with its picturesque old town, Puerto Alcudia and the resorts, which spread along the eight kilometre long sandy beach of Alcudia down to Can Picafort.

Alcudia is the oldest town on the island and even used to be Mallorca's capital in former days. The well-kept city wall shelters the old town, which has been beautifully restored over the past few years. Similar to Pollensa, property buyers here are looking for a life more off the beaten track. In addition, the property prices are lower compared to Pollensa or the Southwest for example, a fact that applies to the entire Alcudia bay.

The harbour of Puerto Alcudia has been modernised and has matured very well. The quality of building has improved considerably in the port, as well as in the resorts along the bay of Alcudia. Those who love to be in walking distance of the beach and are dedicated to all sorts of water sports will find paradise here. In addition, there is a nice variety of restaurants and clubs and even in winter you'll find Puerto Alcudia more animated than Puerto Pollensa for example.

Those who are buying to rent in the Puerto Pollensa or Alcudia areas, will not only be spoilt for choice with the range of property, but will also find the region very well established for renting. Many of the rental agencies have been in business here for years and will take care of anything you need when renting out your property: procurement, hand-over and maintenance, gardening, pool service etc. The renting season runs from April to October, and while high season belongs to beach-lovers and families, spring and autumn attracts mainly hikers, cyclists and bird watchers.
Source...

Leave A Reply

Your email address will not be published.