Property in Santanyi for Sale
Exploring Santanyi Real Estate: Prices and Comprehensive Overview
If you're thinking about buying property in Santanyi, Mallorca, we highly recommend you look at the valuable information provided below.
Santanyi, situated in the southeast of Mallorca, encompasses an area spanning 124.5 square kilometres and boasts a population of approximately 12,500 residents. Available Properties for sale in Santanyi are often favoured by international buyers, with over 27% of the population consisting of foreigners. Notably, 10% of Santanyi's residents hold German citizenship.
German nationals and other foreign investors are drawn to Santanyi due to its genuine Spanish architectural charm. The municipality of Santanyi traces its roots back to as early as 1236. Additionally, properties for sale in Santanyi benefit from the area's flat terrain, situated in the southeastern region of the island. Santanyi is also privileged with 35 kilometres of coastline, making it possible to acquire properties right by the sea.
Local real estate agents in Santanyi specialize in offering a diverse range of properties for sale in the picturesque pueblos that fall within the municipality of Santanyi, including:
Cap d'es Moro
Cala Vinyes Seaside Apartments
First Sea Line Villas
Sea View Apartments
Plots for New House Construction
During the pandemic, property sales in Santanyi surged by 30%. This can be attributed to the substantial plot sizes associated with most property types, ranging from 1,400 to 25,000 square meters. In times of complete isolation and COVID restrictions, international buyers have shown a preference for purchasing property in Santanyi, allowing them to enjoy extended periods outdoors without compromising their health and the well-being of their families.
The increasing popularity of this locale, coupled with the growing demand for real estate in Santanyi, has piqued the interest of investors and developers in Mallorca. Presently, you can select and acquire either a newly built property in Santanyi or one of the completed projects, offering an opportunity to construct a new home in Santanyi with a generous plot of land at an affordable price.
The average price per square meter (m2) in Santanyi is €4,495.
To provide a broader context, the average price per m2 in Mallorca is €3,400, representing a €1,095 disparity from the property rates in Santanyi. Just one year ago, the cost per m2 in Santanyi was €3,185, signifying a 29% increase within the past year alone. For five years, the property market in Cala Vinyes has witnessed substantial growth from €2,452 per m2 to €4,495 per m2, marking an impressive surge of 45.5%.
· Luxury Finca in Santanyi: This opulent finca boasts a sprawling plot of 42,000 m2, offering panoramic views. The house spans 400 m2 with an additional 200 m2 of terrace space. It features a lavish living room, a contemporary kitchen, 4 bedrooms, and 4 bathrooms. The finca in Santanyi with a pool has a modern security system; this exclusive property is priced at 2,950,000 euros.
· Holiday Home in Santanyi: Ideal for vacationers, this home comes with a pool and a tourist license. Situated on a 500 m2 plot, the house has a living area of 290 m2, comprising 4 bedrooms, 4 bathrooms, and 50 m2 of terraces. This delightful retreat in Santanyi is available for 850,000 euros.
· Luxury Villa with Panoramic Views: This villa offers sweeping sea views and a generous 6,300 m2 plot. It includes a pool, ample parking, and a living space of 325 m2. With 5 bedrooms and 4 bathrooms, this furnished villa in Santanyi is listed at 1,440,000 euros.
· Charming Flat in Pueblo Santanyi: This comfortable flat is located in the heart of Pueblo Santanyi. With a living space of 130 m2, it encompasses a well-equipped kitchen, a spacious living room, 3 bedrooms, and 3 bathrooms. This property is available for 430,000 euros.
· Affordable Option: For those with a budget of up to 100,000 euros, a one-bedroom flat in Santanyi is a viable choice. Spanning 30 m2, it is situated in a complex with a communal pool, offering an ideal beachside location in Cala D'Or.
· Modern New Construction Villa: This state-of-the-art villa, built in 2020, stands on a 1,000 m2 plot. It provides a living area of 350 m2, featuring 4 bedrooms and 4 bathrooms. Fully furnished and move-in ready, this contemporary property is priced at 5,000,000 euros, representing the epitome of luxury in Santanyi.
The current average rental rate per square meter in Santanyi stands at €9.2, marking a noteworthy 33.8% reduction compared to the island's average. This favourable pricing attracts tourists who opt for cost-effective property rentals in Santanyi.
From an investment perspective, Santanyi emerges as an up-and-coming destination within Mallorca's real estate landscape. The municipality is steadily gaining favour among investors, primarily due to its comparatively affordable property prices. This trend is expected to drive both property values and rental rates upwards. Therefore, if you are considering a budget-friendly property purchase in Santanyi, we recommend taking action today.
Yes! Mallorca Property is the premier real estate agency in Santanyi, Mallorca. Our extensive catalogue boasts exceptional property offers for sale in Santanyi, covering various options. We cater to varied property needs from exclusive fincas and holiday homes to houses directly from owners, luxury villas, plots, and flats.
As a client-focused agency, we prioritize your interests. By choosing Yes! Mallorca Property, you gain exclusive access to urgent property sale opportunities in Santanyi. Our team comprises top-notch real estate agents in Santanyi, recognized for their expertise and dedication to delivering excellence. Our reputation on Google, with a 4.9-star rating, underscores our commitment to facilitating swift, profitable, and reliable property transactions in Santanyi!