Investor Profile:Retirement, Worker, Holiday, Business


Climate:Hours of Sunshine Per Day in SummerDays of Rain Per YearAverage Spring Air Temp.Average Summer Air Temp.Average Autumn Air Temp.Average Winter Air Temp.Average

Water Temp.

Proximity to:AirportBeachNearest City
11 miles (Palma)0.25 miles11 miles (Palma)
Educational facilities:No. of UniversitiesNo. of International SchoolsNo. of Private Schools
Health services:No. of Public HospitalsNo. of Private HospitalsNo. of Private Clinics
Shopping:No. of Shopping CentresNo. of Markets
Restaurants and bars:Predominantly fast food restaurants.
Sports and leisure facilities:Watersports. Marineland theme park with dolphin shows, Wild West theme park, Pirate adventure centre. Western Park and Aquacity water-parks open during Summer. Attraction Catamaran- 3 hour boat journey. Choice of nightclubs.
Transport:Public TransportRoads
Restricted.C-713 from Palma, then exit at Palmanova or along 719 to Palmanova roundabout.
Crime rate:High
Main types of employmentMostly service sector.
Future plans:Restricted.
Yield range14.7% - 17.2%
Type of propertyEntry PriceRent-

School Holiday Peak




Off Peak

Average Annual Yield
2 bed apartment150250113690954517.2%
3 bed apartment1878131363109165416.5%
3 bed townhouse2817191818145487214.7%
Demand for lettingSchool Holiday PeakPeakOff peak
Finance and leisure scores:Total (out of 10)Financial (out of 5)Leisure (out of 5)
Flights scheduled from:Gatwick, Luton, Stansted, Norwich, Southampton, Bournemouth, Exeter, Bristol, Cardiff, Birmingham, East Midlands, Manchester, Liverpool, Leeds/Bradford, Humberside, Teesside, Newcastle, Glasgow, Glasgow Prestwick, Edinburgh and Aberdeen.
Typical cost of flights:School Holiday PeakPeakOff Peak
Operators:Air Europa, BMI, Iberia, BA, Air-Berlin, Easyjet, My Travel, Futura, Thomas Cook, Excel Airways, Britannia Airways, Monarch, Air Europa, Air2000, Flyjet
Description:Situated on the eastern side of the bay of Palma, Magaluf is a well-developed tourist resort with many high-rise hotels and apartments. It is especially popular with the 18-30 age group.

It is a lively city and a noisy one!  Crime rates are high but its not serious crime, just petty theft, so be sure to go for a site with CCTV or 24 hour security guards.

Rental rates are high due to the demand for accommodation in this area.  Your likely tenants are going to groups of young people but they do pay handsomely.  This far outweighs the risk of taking these type of tenants on as any potential damage will be deducted from their sizeable deposit handed over at the point of booking your property.

These yields will not last forever!  Property prices will rise so get in early.  Magaluf is here to stay so acquiring a property here, in the long term, is of relatively low financial risk.  You can easily get flights to this area so it will always appeal to the package holidaymaker.

Hot Website:
Estate Agents:NameAddressTelWeb
 The Sun of MajorcaCalle Andratx 32 local 4, 07015 Portals Nous, MallorcaTel: 0034 9 71 70 65 70

Fax: 0034 9 71 70 65 65

Not disclosed
 Interealty BalearicsPlaza Santa Ponsa, 4
Local 1 en E-07180,
Santa Ponsa,
Tel: 0034 971 699 545
0034 971 699 556
 Roberto Jaime GourlayApartado 1423,
Palma De Mallorca
tel: 0034 971681873
fax: 0034 971680320
website: http://www.mallorca-real-estate email:
 Sea GreenCala Bona
Palma de Mallorca
tel: 0034 49 178 43 92 123website: email:
Letting Agents: NameAddress TelWeb
 Interealty BalearicsPlaza Santa Ponsa, 4
Local 1 en E-07180,
Santa Ponsa,
Tel: 0034 971 699 545
0034 971 699 556
tel: 0034 971676787
fax: 0034 971676567
website: http://www.europa-inmobiliaria. email: europa@europa-inmobiliaria.comcom
 ARKO INMOBILIARIOAvda. Son Rapinya, nº 8 1º C
Palma de Mallorca
tel: 0034 619226688 /971453689
fax: 0034 971457900