According to financial forecasts, Spain is on course to become the largest economy in the eurozone – overtaking the UK and the United States. The nation has posted seven consecutive quarters of growth and its property market is mirroring this optimistic outlook. UK nationals top the non-Spanish buyer chart, unsurprising given their long-term affection for Spain and the current favourable pound-euro exchange rate, followed by French, Germans, Belgians, Swedes and Russians.
“More sales at higher prices, this is exactly the news we want to hear in the Spanish property market,”
says Alejandra Vanoli, managing director of Mallorca Sotheby’s International Realty.
“The Balearic Islands reported some of the lowest house price falls in Spain during the six-year crisis and are now posting the fastest and highest rises. We expected this as the islands are supported by huge numbers of tourists, a multi-national house buying population – Calvia alone has 19,000 non-Spanish residents from 100 different countries – and a strong appeal to the high-end with luxury hotels, restaurants, beach clubs, golf courses and marinas supporting a growing superyacht industry. This year we are selling more houses than ever and for us in Mallorca, the future is very bright.”
Glynn Evans, managing director of the Ibiza Sotheby’s International Realty office, shares Alejandra’s enthusiasm.
“Over recent months Ibiza has received an unprecedented number of positive mentions in international media by respected journalists. This beautiful island is becoming discovered by the world’s most discerning and investment is pouring in to secure its future. An abundance of luxury has already landed: exciting culinary business ventures from multi-Michelin-starred chefs, supercar and powerboat championships, 70-metre-plus berths for the finest private megayachts and several new unbelievably cool five-star hotels. I am certain the best is yet to come.”
Villa Los Naranjos, El Madroñal, Marbella
A superb eight-bedroom, seven bathroom mansion with separate guest house on an extensive plot with panoramic sea and mountain views. The property offers complete privacy and many special features including an impressive entrance driveway, amazing spa area with indoor heated pool, a Turkish bath, sauna, massage room and gym.
The villa also has a beautifully landscaped garden on its 8,324m2 plot providing plenty of space for outdoor entertaining as well as five parking spaces. Within a sought-after gated community, surrounded by nature and with 24-hour security, it is close to golf courses and within a seven-minute drive to Puerto Banús.
£4m / €5.75m / $6.25m Ref. 8771
Panorama Properties +34 952 863 750
info@panorama.es
www.panorama.es
Panorama is an international associate of Savills
Esporlas, Mallorca
This traditional Mallorcan house dates back to the 16th century and was originally an olive farm. The finca has retained many original features and offers total privacy with fantastic views over the mountains and valley. Outside there’s a stunning pool area with covered terrace set in a garden with a large range of fruit and olive trees as well as vineyards. It includes seven bedrooms, five bathrooms, a library, wine cellar, barbecue area and separate guesthouse with bathroom and kitchen.
£3.67 / €5.25m / $5.74m
Mallorca Sotheby’s International Realty +34 971 72 1000
mallorca@mallorcasir.com
Doncella Beach, Estepona
These stunning new penthouses are on the front line facing golden beaches. Their open plan living areas are light, bright and spacious with an illumination system, automatic blinds, double glazing, under floor heating throughout and the most up to date Domotic system. The ultra-modern kitchens are equipped with Siemens appliances and the master bathrooms have the latest technology in hydromassage and Travertino Navonna marble finishes.
This particular penthouse not only enjoys stupendous views of the Mediterranean, Gibraltar and the coast of Africa but also has its own private swimming pool and roof top terrace. Additionally, owners of these apartments benefit from the use of the Olympia Spa with its Jacuzzi, Turkish bath, sauna, yoga room and aromatherapy showers.
£2.4m / €3.5m / $3.8m
Fine & Country Marbella +34 952 764 010
Casa de la Luz,
Altos de Puente Romano, Marbella
This stunning contemporary style mansion has superb sea views. Located in a prestigious community with 24-hour security on the Golden Mile, opposite Hotel Puente Romano, it is set on a double plot of 3,375m2 and has just recently been built to top specifications.
The property features an impressive double height ceiling hall, a living room with open fireplace, dining room with fireplace, kitchen with top quality appliances and a breakfast area, five bedrooms, four bathrooms, a TV room, wine cellar and extensive terraces. Outside there is a lovely garden with a heated infinity pool complete with electric cover, a gazebo with barbecue area and five parking spaces.
£4.8m / €6.9m / $7.5m Ref. 8556
Panorama Properties +34 952 863 750
info@panorama.es
www.panorama.es
Panorama is an international associate of Savills
