Property in Magaluf for Sale

Buying Property in Magaluf: Parties and Comfort

About the City of Magaluf

Magaluf is a resort town, part of the municipality of Calvia, located in the southwest of Mallorca near Palma Nova. Famous for its long sandy beach and vibrant nightlife, this town is popular with tourists and is the party capital of Mallorca.

Popularity and Attractiveness

Magaluf has a vibrant atmosphere with lively restaurants, bars, and over 800 nightlife options. Modern beach hotels, a vast shopping centre, and various events make it a place where there is always something to see and do.

Recommendations for Buyers

It is ideal for those who value a combination of fun and comfort. Recommended for those looking for property in a dynamic location with developed infrastructure. The city is also attractive to investors focused on rental properties.

Foreign Buyers

Magaluf is popular among foreign buyers, especially the British, attracted by affordable prices for tours and property.

Variety of Properties and Prices

Over 2.5 years, prices for apartments and houses in Magaluf (Calvia) have increased by 10.1%. Over the past year, average house prices have risen by 8.1%.

The average price of houses currently on the market is €2,905,000, and the price per square meter is €6,561, which is 61% higher than the average price in Mallorca. The sales price of 80% of the houses is between €789,500 and €7,000,000.

The average cost of apartments currently on the market is €650,000. The sales price of 80% of the houses is between €244,600 and €1,950,000. The average price per square meter of Magaluf (Calvia) apartments is €5,312.

Rental Prices in Magaluf (Calvia)

The average monthly rental price for houses currently on the market in Magaluf (Calvia) is €3,900. The monthly rental cost of 80% of the houses ranges from €1,795 to €10,000. The average rent is €250 per square meter per year.

The average monthly rental cost of apartments currently on the market is €1,800. The monthly rental cost of 80% of the houses ranges from €850 to €4,500. The average rent in Magaluf (Calvia) is €278 per square meter per year.

Yes! Mallorca Property is a Reliable Partner

Magaluf offers a unique property opportunity in a place that combines fun and comfort. The choice here ranges from luxury villas to more affordable apartments. For support in the buying or selling process, contact Yes! Mallorca Property.