Start your area search
Talk to agents who know Palma well. Agents representing buyers from Europe and beyond, often have a wealth of experience in knowing the areas best suited to couples, young families etc. and can direct you to the area of Palma best suited to your lifestyle and needs. They will know if an area of Palma is up and coming or, if its seen better days. Is it near amenities, is it within walking distance to the city centre? What are the local schools like? What is the community feel of the area? We would suggest you create a list of questions to make the most of the agent’s time and experience to get your search off to a flying start.
Hunt online
Once you know the area you are interested in, often the most unique and most desirable properties aren’t listed on generic property websites. The property developers who create truly beautiful and individual homes often have bespoke websites. These sites detail their experience, their architectural team and interior designers, the homes spec, new properties in the pipeline etc. They are created to help buyers find exactly the home they are looking for – it serves to spend some time online and see what property developer websites appear for the areas in Palma you are most interested in.
What’s a must have versus a nice to have?
We all know what we really, really, want but are you mixing your must have with your nice to have? There will be things your new home must have versus those things that would be nice to have – does it have an outdoor pool, an outdoor entertainment space? En-suite bedrooms? Is the home in a quiet residential area yet near to the nightlife of Palma? Is it near good schools? Can you walk into town? Is there great coffee/restaurants nearby? Does it have off-street parking? Your must have list will help you find your dream property much more quickly so get that list made!
Who designed the property?
Buying a bespoke home in Palma that has been recently renovated, or newly built means a team of architects, interior designers and builders will have been involved. The planning process in Palma is long and complicated, especially when heritage buildings are involved. The questions to ask are, who is the architect? Where else in the world have they designed properties? What are their missions as an architect? What are their values? Regarding the property developer, are they local to Mallorca? What is their background? Where else have they built properties, What is their reputation? On any recently renovated or newly built property, it’s important to know the background of the whole team involved so you know your homes story.
Is a mortgage required?
You may prefer to use your own financial advisor from home, or get expert local advice in Mallorca, or choose to use a mix of the two to help you navigate the details of buying abroad. Whatever your preferred choice, we will help facilitate in anyway we can to make the process as smooth as possible. A pre-approved mortgage puts you in the drivers seat when coming to negotiate, so it pays to be ready when you find the perfect property.
Seeing is believing
As soon as you have found your dream home, make sure you take the time to view and tour the property and area at different times of the day. This is so you can see just how quiet or busy the particular area of Palma is. What are your neighbours like? Does it have a good community feel? Will you feel part of Palma? Is it near the facilities and amenities you most value? Taking the time to view your property will ensure you know this is the perfect home for you.
Make an offer
Beautiful and unique properties in Mallorca do not stay on the market for very long, in fact quite a lot of desirable properties are often sold off-market. Mallorca and especially Palma, is currently in high demand from buyers around the world because it offers such a wonderful lifestyle. If you find your dream home, make an offer quickly!
