The worst appears to be over for the top end of the property market in Spain’s Balearic islands with demand increasing especially from wealthy overseas buyers.

Americans, Russians and Chinese buyers are increasingly attracted to the lifestyle offered on Mallorca and Ibiza.

IbizaThroughout the property downturn demand for holiday homes in Mallorca has remained high, largely due to the mix of nationalities involved. The island is two hours flying time from most northern European cities and more than 80% of buyers in Mallorca are not Spanish. Properties on the island are also popular with Germans, Austrians, Swiss and buyers from Scandinavia.

Overseas buyers are attracted by the pretty inland villages, beautiful coves, marinas and beaches, imposing mountain ranges and 24 golf courses. Upmarket design is also helping to attract buyers. The Philippe Starck designed superyacht marina Port Adriano, Nikki Beach and Jumeirah Port Soller Hotel and Spa all opened in 2012.
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The most expensive house in Spain is located in Mallorca, and it is waiting for a big bank account to fall for it. Better to write it fully: fifty millions Euros. Or what is the same: more than eight thousand millions of the old pesetas.

The mansion has 3.500 square meters built, and 15.000 square meters of gardens. There are 8 bedrooms and 13 bathrooms. It also has two swimming pools, one outdoors and one indoors, spa, wine cellar, a cinema room, heliport, and beautiful views of Alcudia and Pollença bays.

Seeing the ostentatious entrance, with a front door created by the sculptor Isassy and a luxury railing, anyone can tell what comes next is not a common house. Built over imposing marble columns and impeccable style, it keeps waiting for someone to be its lucky owner.

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House of the week: Vacational rental chalet in Alcúdia (Baleares)

This week we're taking you to Alcúdia, a historic town with Roman and Moorish influences located in Mallorca, Balearic Islands. This modern resort is centre of the most buoyant tourism; world-wide known night parties and relaxing, quite days surrounded by a Hippie atmosphere. What we've liked the most of this particular property is its swimming pool with lightning at the bottom of the pool.

4 bedrooms, 2 bathrooms, 160 m2, Swimming-pool, 2nd Row from the Sea, Furnished, Gardens.

If you wish to gather more information in regards to this property, clic here.

Seasons Date Prices
From To Day Week-end Week Fortnight Month
Abril 01/04 30/04 -- -- 895,00 -- --
Mayo y octubre 01/05 31/05 -- -- 990,00 -- --
Junio y Septiembre 01/06 30/06 -- -- 1. 300,00 -- --
Julio y Agosto 01/07 31/08 -- -- 1. 750,00 -- --
Junio y Septiembre 01/09 30/09 -- -- 1. 300,00 -- --
Mayo y octubre 01/10 31/10 -- -- 990,00 -- --


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