Townhouses in Mallorca for Sale
Finding the Perfect Townhouse in Mallorca: Things to Consider
A townhouse is a highly sought-after property type in Mallorca, usually a two or three-story house with one or two shared walls with the same type of property. Typically, Mallorca townhouses come with a garden and communal pool, while parking and private pools are also available in some cases.
Occasionally, this type of property is called pareado or semi-detached house/duplex. This house is designed for two families, sharing a common wall. Each property has its own entrance and a fence that separates the garden area. A pareado is essentially half of a house.
Townhouses make up about 10% of the total property market in Mallorca. Although they are not the most popular type of housing on the island, they are still in high demand. Townhouses offer the comfort of a detached house at a price comparable to that of a flat or apartment.
Originating in England, townhouses are typically multi-level attached homes that share one or more walls with adjacent properties. In Mallorca, a townhouse is also a multi-level dwelling that is typically part of a larger multi-story building. The terms "duplex" and "triplex" also originated in England and describe two or three-level townhouses, respectively. However, these terms are also used to describe other types of multi-level dwellings in various locations worldwide.
If you are communicating with a Mallorcan estate agent, they may interpret "townhouse" as a maisonette or a three-story flat in Mallorca. Nevertheless, it is essential to note that townhouses can also refer to properties on the upper floors of an apartment building (condominium) without a garden or separate entrance.
A typical townhouse includes:
Spacious living room
The living area is 150 m2
The plot area is 85 m2
The terrace area is 15 m2
Townhouse with communal pool
Personal parking space
Seafront location within walking distance
Investing in a townhouse in Mallorca can be a great choice for a permanent residence or a summer getaway. Buying a new townhouse at a reasonable price can also serve as a profitable investment and a place to spend a few months every year to recharge. Townhouses in Mallorca are highly sought-after by buyers from Germany, England, and France.
There are several advantages to buying a townhouse in Mallorca. One significant benefit is the presence of a separate entrance and personal territory, similar to owning a house but at a lower price point. Additionally, the roof of the townhouse in Mallorca often serves as a spacious terrace that can be used for a variety of purposes such as creating lounge areas, barbeque areas, or even a jacuzzi.
Compared to purchasing a standalone house, owning a townhouse in Mallorca can be more cost-effective due to shared expenses for communal spaces such as a pool and public areas within the residential complex. However, owning a townhouse still provides the feeling of having your own home. This type of property is especially popular among young family buyers.
The average price per square meter for a townhouse in Mallorca is €3,550. The minimum selling price for a townhouse in Mallorca is €250,000, while the average selling price is over €500,000. Luxury townhouses in Mallorca typically cost between €750,000 and €1,500,000. The cost of a new build townhouse in Mallorca ranges from €450,000 to €1,350,000, with prices increasing for townhouses in prestigious locations with respectable neighbors, proximity to the beach or sea view, living space over 110 m2, an energy certificate rating of B or higher, and modern interior design.
Townhouses are more commonly found in certain areas of Mallorca, such as the historic town centres of Palma de Mallorca, Alcudia, and Pollensa, as well as popular coastal towns like Port Andratx, Santa Ponsa, and Cala d'Or. The specific location and style of townhouse available will depend on individual preferences and budget. Some popular areas for purchasing a townhouse include:
1. Southwest Mallorca: Cala Viñes, Port d'Andratx, Camp de Mar, Santa Ponsa, Bendinat, and Paguera.
2.Palma de Mallorca area: Portixol, Bonanova, and Genova.
3.South Mallorca: Son Veri Nou, Llucmajor, Puig de Ros, Santanyi
You have various options to buy a townhouse in these areas, including from private sellers, small townhouses with plots, furnished townhouses, or new buildings. New townhouses represent 20% of all townhouse sales due to high demand. You can view our daily-updated catalogue of townhouses for sale, including recent developments, private seller properties, and luxury townhouses.As our valued client, you will have exclusive access to information about distressed sales of townhouses in Mallorca. Trust in the expertise of the top property company in the Balearic Islands and seize the opportunity to get the best deals on the Mallorca property market. Contact us today!