Sea View Property in Mallorca for Sale
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Seaview Property in Mallorca for Sale — What to consider?
In the Yes! Mallorca Property catalog, you will find more than 250 offers to buy a property with sea view at prices ranging from 225,000 to 20,000,000 euros. The listing includes the following:
Mallorca has 554km of coastline. The sea around Mallorca is crystal clear, and the air is always fresh. Therefore, buyers in Mallorca often buy a property with a sea view.
To make it easier for you to understand how to buy a property by the sea profitably, we have prepared an up-to-date overview of the Mallorca frontline property market.
Seaview Property Prices
Distance to the sea and the availability of a waterfront view directly affects the cost of housing. The closer a property is to the sea, the more expensive it is. Several main things increase the value of a property depending on its location to the sea.
Factors that increase the value of a property:
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Close to the sea. Walking distance. 200 - 300 meters from the beach
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First line
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Frontal sea view
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Limited sea view. A property that has at least some sea view, for example, from a particular corner or the top floor
How the location to the sea affects the increase in the average value of property in Mallorca:
|
|
Close to the sea (walking distance) |
First line |
Direct sea view |
Limited sea view |
|---|---|---|---|---|
|
Villa |
up to +20% |
+50% |
Up to + 80% |
+ 15% |
|
Finca |
up to +15% |
+50% |
Up to + 100% |
+ 10% |
|
Apartment |
Up to +25% |
+35% |
Up to + 50% |
+ 15% |
|
Maintaince cost |
Up to +30% |
+30% |
Up to + 50% |
+ 20% |
Sea views add significantly to the value of a property.
For example: at the beginning of 2023, the average price per square meter in the popular location of Santa Ponsa in the southwest of the island is €5542.
You can buy a modern villa in Southwest Mallorca with 400m2 of living space without a sea view for €2,000,000.
A similar villa within walking distance of the sea will cost at least €2,350,000.
On the first line, this villa will already cost around €3,000,000.
A frontal sea view will increase the value of such a villa to €3,600,000 or even more.
However, limited sea views, such as those available only from a specific terrace or the top floor of a house, will raise the price of a villa to €2,300,000.
The calculations are based on the average property value in Mallorca as given by the INE (Instituto Nacional de Estadística).
This substantial increase in value with sea views has not arisen by chance. The real estate market reacts by increasing prices in the segment where demand is higher.
Yes! Mallorca Property specialist Dmitriy Debru says: 'Between 40% and 50% of all clients planning to buy property in Mallorca would like to have a sea view. One in two real estate buyers in Mallorca dreams of having at least some sea view. It is almost as popular as wanting to buy a villa with a swimming pool".
The excitement has not only caused a surge in sea-view property prices. Still, it has also created a particular scarcity of such offers on the market. Investors and construction companies closely monitor the market, looking for properties with a sea view. And the sales period for such properties is, at most, 1.5 months.
As Mallorca is one of Europe's top tourist destinations, the opportunity to rent out properties should not be overlooked. Property within walking distance of the beach is highly valued on the Mallorca rental market. The cost of renting such accommodation can be 2-3 times higher than for the same property, more distant from the sea. The properties are fully bookable by the end of January for the year ahead.
Where to buy Seafront Property in Mallorca?
The most popular destinations for a property with a sea view are
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Southwest of the island: Sol de Mallorca, Santa Ponsa, Port Andratx, El Toro, Port Adriano, Cala Vinyes, Camp de Mar, Paguera, Portals Nous, and Bendinat.
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Palma de Mallorca areas: El Paseo Maritimo, Portixtol, Son Vida, San Agusti and El Arenal.
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South Mallorca: Cala Blava, Puig de Ros, Sa Torre, Sa Rapita, Badia Grande
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East: Valldemossa, Deia and Soller
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North: Alcudia, Can Picafort, Pollenca and Muro
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South-East: Porto Colom, Cala Millor, Capdepera
The southwest and parts of Palma de Mallorca are considered more desirable and will cost more than other regions.
How much is the property with a sea view?
Cheap properties with sea view up to €300,000
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Palma de Mallorca - 2-bedroom apartment of less than 90 m2
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Southwest - studio
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North - 3-bedroom apartments up to 110 m2
Cheap properties with sea views from 300.000 €-500.000 €
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Palma de Mallorca - 3-bedroom apartment of less than 130 m2
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Southwest - 1–2-bedroom apartments. Up to 100 m2 in size.
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South is a private home. The living area is up to 200 m2
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North - Apartments with tourist licenses or small house
Suppose you have a budget under €500,000. In that case, we recommend considering apartments within walking distance of the sea in the southwestern and northern parts of the island.
Real estate with sea views 500.000 € - 1 million €
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Palma de Mallorca - Apartment and Penthouse with four bedrooms. Up to 170 m2 in size.
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Southwest - Penthouses and Apartments up to 4 bedrooms up to 145 m2. Plots of land with sea views.
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South - Villa or house. Up to 4 bedrooms. Living space up to 280 m2
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North - Apartments with tourist licenses or small house
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West - House or Finca. 2-3 bedrooms. Up to 150 m2.
For a budget between €500,000 and €1,000,000, it is best to focus on penthouses and apartments in the coastal areas of Palma de Mallorca and private homes in the south, southwest, and north of the island.
Real estate with sea views €1m to €3m
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Palma de Mallorca - Apartment and Penthouse with four bedrooms up to 400 m2.
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Southwest - 4-bedroom villa or finca up to 450 m2.
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South - Vila and Finca with five bedrooms up to 480 m2.
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North - Luxury 4-bedroom villa of up to 450 m2.
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West - 4-bedroom villa up to 600 m2.
Luxury properties with sea views €3m to €5m
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Palma de Mallorca is a modern villa with up to 5 bedrooms of up to 700 m2.
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Southwest is a modern 4–6-bedroom villa of up to 600 m2.
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South - Vila and Finca with 5-7 bedrooms up to 800 m2.
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North - Luxury 5-bedroom villa of up to 550 m2.
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West - Villa or Finca.
Luxury properties with sea views from €5 million
Exclusive luxury villas and fincas with sea views.
For buyers with a budget of €3,000,000 or more, Yes! Mallorca Property offers the best luxury Mallorca property with frontline and sea views.
Most Popular Property with Sea View in Mallorca
Mallorca also attracts property buyers with its varied topography. The plains in the center and south of the island, the hills in the southwest and east. The Sierra de Tramontana in the west, of course.
Due to this topography, houses with sea views can be located either in the front line or in the island's interior, where they have stunning panoramic views of the sea and mountains full of green vegetation.
Every property type has advantages and disadvantages depending on its location in the sea.
1. Property located within walking distance but without a sea view.
|
benefits |
disadvantages |
|---|---|
|
- The owner can always walk to the beach. - There is less noise from holidaymakers and tourists. - The cost is slightly lower than the same property on the first line. - With a lower property value, the rental value is just as high as on the first line. |
- There is no sea view. - A buyer would consider such an option an alternative to a first-line property. - The cost of maintaining a property 300 meters from the sea will be the same as on the first line. |
2. Property within walking distance with a sea view.
The first line is the best option.
|
benefits |
disadvantages |
|---|---|
|
- View directly over the sea - No noise from passing cars - You can swim in the sea just by getting out of the house. - The most liquid property in Mallorca. It can be sold quickly and profitably if needed. - Higher class of property - Opportunity to make super-profits from renting out. - The frontal sea view will not leave any of your guests indifferent. |
- A supply shortage - High value. In the upmarket area of Cala Viñes, for example, houses on the first line cost up to €35,000,000. - Increased shock absorption - Additional maintenance costs. - The wind season is felt more strongly in March. |
3. Properties located on mountain slopes with panoramic views.
These are often fincas with a swimming pool or luxury villas. Such properties have fantastic sea views but are far from the coastline.
|
benefits |
disadvantages |
|---|---|
|
- Beautiful view of the sea and part of the island. - Low depreciation - There is no noise, just the sounds of nature - Minimum of neighbors - It is easier to get a tourist license - Wider market offerings - High property class |
- You have to drive to the sea - The nearest shops and restaurants are not within walking distance. |
To decide on the location of your future property in Mallorca, we recommend visiting all three property types with your realtor. A professional will offer you several options and discuss their pros and cons.
Housing by the sea - maintenance, costs, and other nuances
Many foreigners want to buy a house by the sea. You should remember that owning such a property entails additional maintenance costs, depending on its properties.
How much is the maintenance of a seafront house in Mallorca?
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Increased humidity can cause mold to spread, so you must install a severe dehumidification system in the room. This leads to higher energy costs throughout the year. Even during periods when you are not using the house.
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Corrosion of finish materials can occur during the high-wind season. This leads to more frequent exterior renovation, either partially or entirely.
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The sea water is very salty. Properties located on the first line have a higher depreciation. The cost of additional repairs to the façade and swimming pool are related activities for owners of such properties.
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If you own a frontline apartment, the costs of communication fees will be at least twice as high as for the same complex away from the sea.
The main thing to remember when buying a house by the sea is that it cannot be locked up and left unattended for six months. Wind, high humidity, seawater, and air will not spare the walls and flooring of even the most luxurious villa. We recommend that you take care of this beforehand and find a professional company that provides maintenance services for your seaside home.
Who should buy a house by the sea in Mallorca
A house by the sea is undoubtedly an excellent investment. But remember that such a house needs special attention. Both financially and physically, it needs to be maintained all year round.
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If you are an investor looking to buy a property for renovation or to make a passive rental income, then a house by the sea in Mallorca would be an excellent investment.
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It is also recommended that buyers who plan to spend most of the year in Mallorca should consider property by the sea.
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And central European citizens who can allocate enough money each year to keep their seaside property in pristine condition without breaking the family budget.
Yes! Mallorca Property has extensive experience in selecting and selling properties with sea views. Check out our sea view property catalog and leave a request. A Yes! Mallorca Property specialist will contact you to tell you the pros and cons and suggest alternative properties in the same class but without a sea view to make your purchase even more profitable.