Property in Puerto Portals for Sale

Real Estate Investment in Puerto Portals: A Celeb-Favorite Luxury Oasis

Location and Popularity

Situated in the prestigious Calvia region in southwest Mallorca, Puerto Portals stands as one of the island's most glamorous destinations, often drawing comparisons to Puerto Banus in Marbella. This locale has been graced by celebrities such as Paris Hilton, Brad Pitt, Jim Carrey, Jenson Button, Bill Gates, and more.

Positioned between the prominent towns of Calvia and Andratx, Puerto Portals boasts over 600 berths in its port, making it an alluring mooring spot for luxury yachts. The scenic promenade is captivated by designer boutiques, numerous real estate agencies, and various restaurants. While serene during the day, Puerto Portals come alive at night, becoming a preferred destination for party and restaurant enthusiasts.

Market Evolution

In the past 12 months, house prices in Puerto Portals (Calvia) have seen an 8.1% increase. Historical data spanning two decades indicates stable market growth. Over the last 2.5 years, prices for both apartments and houses have surged by 10.1%.

Average House Prices

The average house price on the market is 2,350,000 euros, with 80% of houses falling within the 640,000 to 6,865,000 euro range. The average cost per square meter in Puerto Portals (Calvia) is 5,932 euros. For apartments, the average price is 550,000 euros, with 80% of units priced between 220,600 and 1,550,000 euros. The average price per square meter is €4881.

Rental Options

Renting a house in Puerto Portals comes with an average monthly cost of 3,800 euros, with 80% of houses available for rent ranging from 1,400 to 10,000 euros per month. The average annual rent is €226 per square meter. On the other hand, apartments have an average monthly rental cost of 1,550 euros, with 80% of units rented between 800 and 3600 euros per month. The average annual rent is €270 per square meter.

Yes! Mallorca Property - Your Reliable Assistant

Beyond being a holiday destination, Puerto Portals offers a lucrative investment opportunity with steadily rising prices. For your property needs in this unique corner of Mallorca, we recommend contacting Yes! Mallorca Property - your reliable real estate partner.