Property in Sant Elm for Sale
Sant Elm property market overview
Contents:
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Typical types of property in Sant Elm to buy and their prices
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Property Investment in Sant Elm, Mallorca: Unique Location and Potential
Sant Elm Brief Overview
Sant Elm, also known as San Telmo in Catalan, is a charming holiday village on the southwest coast of Majorca, part of the Balearic Islands archipelago in Spain. This idyllic spot is nestled within the municipality of Andratx.
With less than 1,000 residents, Sant Elm exudes an air of seclusion and tranquillity. It's a quaint fishing village just a short drive from Pueblo Andratx and Port Andratx. From the Sant Elm beach, you're only 300 meters away from the uninhabited island of Pantaleu, and another 600 meters will take you to the island of Sa Mitjana. Further out to sea lies the island and nature reserve of Dragonera.
Despite its peaceful setting, Sant Elm offers a variety of accommodation options, including apartments and villas. Moreover, you can savour culinary delights at several exceptional restaurants in the area.
Sant Elm is unquestionably one of Mallorca's picturesque destinations, and we'd like to delve deeper into it so that you can discover its full potential as a place to live or spend your holidays.
Popular Property Types in Sant Elm for Sale
Pueblo Sant Elm is in one of the most prestigious areas in the southwest of the island. It's a magnet for foreign buyers, celebrities, and affluent individuals from around the globe who aspire to own property here. This naturally influences the predominant property types in high demand in this locale.
Sant Elm has earned its reputation for its stunning beaches and direct access to the sea. Properties by the seaside are particularly sought-after by those who relish being close to the beach and the azure waters.
Examining the popular property types in Sant Elm, Mallorca underscores that this esteemed destination appeals to a diverse range of buyers from all corners of the world. In this picturesque corner of the island, there's something for everyone:
1. Luxury Sea View Villas: These splendid villas are a magnet for celebrities and affluent investors seeking luxury living and breathtaking sea vistas.
2. Apartments in Gated Complexes: Apartments offer an ideal choice for those pursuing comfort and security.
3. Townhouses: Townhouses strike the perfect balance between space and comfort, making them a favourite among families and those who cherish the comforts of home.
4. Seaside Houses: The direct beach access and stunning views make seaside houses highly coveted.
The array of properties in Sant Elm ensures that every buyer can discover the ideal option to match their preferences and requirements. Whether you're seeking a luxurious retreat with sea views or a cosy waterfront abode, Sant Elm presents a range of choices to relish this unique location in Mallorca.
Average Property Price in Sant Elm
Currently, the average price per square meter in Sant Elm stands at 4,880 €/m2, marking an 18.2% increase compared to the average price in Mallorca, which is 3,987 €/m2. The price trend here is noteworthy. Over the past year, property prices in Sant Elm have risen by 2%. For 5 years, the region has witnessed a substantial price surge, moving from 4,214 €/m2 to 4,880 €/m2, reflecting a 13.6% increase. This consistent growth underscores the stable and appealing investment climate in Sant Elm.
An analysis of property prices in Sant Elm, Mallorca, underscores its prestige as a location on the island characterized by above-average property values. Given the high demand for property and the upward price trajectory, Sant Elm presents a promising opportunity for property investment in Mallorca.
Typical types of property in Sant Elm to buy and their prices
|
Property type |
Brief description |
Cost |
|---|---|---|
|
Penthouse with panoramic sea views in Sant Elm |
Spacious first-line penthouse with magnificent panoramic sea views. With 2 bedrooms and 2 bathrooms, a modern kitchen and extensive terrace. |
|
|
Family house with garden a few minutes from the sea |
Cosy family house with large garden, just a short walk from the sea. 6 bedrooms, 2 bathrooms, spacious kitchen and comfortable living room. The plot is 1600 m2. The area of the house is 180 m2 |
|
|
Flat with sea view in Sant Elm |
Cosy 2 bedroom 1 bathroom apartment with spacious living room and modern kitchen. Balcony with sea view. It is an ideal place for a holiday near the sea. |
560.000 € |
|
Luxury villa with pool in Sant Elm |
Beautiful villa with pool, 5 bedrooms and 4 bathrooms. Spacious living room and modern kitchen. Courtyard and well-maintained garden, just a few steps from the sea. |
3.700.000 € |
The Most Affordable Property in Sant Elm:
- Property Type: Apartments
- Brief Description: A cozy 2-bedroom apartment with 1 bathroom spanning 70 square meters. It boasts a terrace and is a secondary property in good condition. It is located on the ground floor without an elevator.
- Price: €450,000
The Most Expensive Property in Sant Elm:
- Property Type: House or Private Residence
- Description: A luxurious house or private residence encompassing 684 square meters, featuring 5 bedrooms and 5 bathrooms. This grand property is situated on a generous plot of 2,132 square meters. It's a secondary property in excellent condition with a south and east orientation.
- Price: €3,700,000
Sant Elm presents various property options to cater to varying budgets and preferences. Whether you seek a cosy apartment or lavish accommodations, there are numerous opportunities for property investment in this resort town.
Property Investment in Sant Elm, Mallorca: Unique Location and Potential
The average price per square meter of Sant Elm property is 18.9 €/m2. This represents a 12.7% increase compared to the island's average price, which currently stands at 16.5 €/m2.
The cost of property in the Sant Elm region of Mallorca is justified by its exceptional location and stunning sea vistas, rendering it an enticing prospect for investment in the Balearic Islands. Renting out a property in Sant Elm can serve as a lucrative source of passive income, making it an appealing choice for investors and financially astute buyers.
Engaging in property rentals can provide a consistent income stream while also aiding in offsetting the expenses associated with property acquisition and upkeep. However, it's crucial to consider considerations like taxation, professional rental management, and property maintenance to oversee rental properties effectively.
Collaborating with seasoned real estate agents and staying attuned to the demand for specific rental types in Sant Elm will empower you to maximize the potential for passive income.
Conclusion
Sant Elm unquestionably ranks among the finest places to reside in Mallorca, whether you seek a holiday haven or a permanent abode. Here are a few compelling reasons that underscore its allure:
1. Luxurious Locale: Sant Elm's exceptional setting bestows a unique status, drawing fans of luxury and natural beauty.
2. Distinguished Community: In Sant Elm, you'll discover a welcoming community that complements your lifestyle, fostering a delightful ambience.
3. Convenient Connectivity: Seamless transport links facilitate easy exploration of the island and beyond.
4. Seaside Setting: Immediate proximity to the sea adds a special allure, enabling you to savour breathtaking views and pristine beaches.
5. An Array of Luxury Properties: Sant Elm offers a diverse portfolio of properties tailored to the most discerning tastes.
6. Well-developed infrastructure: The town boasts a comprehensive range of amenities, including shops, restaurants, and more, ensuring a comfortable life.
Sant Elm is where you'll find everything needed for a dignified life marked by elevated comfort and quality.
Explore available properties in Sant Elm and neighbouring areas by clicking here: Properties in Andratx Municipality for Sale.
For a comprehensive list of properties available for sale, please browse our Mallorca Real Estate Buying catalogue.
Yes! Mallorca stands as a trusted property agent in Sant Elm. We offer an extensive selection of properties for sale in South West Mallorca, including Sant Elm. Our listings encompass villas, apartments, and houses for sale from individual owners and developers. Additionally, we can access exclusive property listings that are not publicly listed.
You can learn more about property offers in Sant Elm. Take advantage of the opportunity to invest in this captivating region of Mallorca.