San Fransisco, CA -- (SBWIRE) -- 08/22/2012 -- The Balearic Islands are a popular travel destination for people all over the world. Located in the balmy Mediterranean Sea, the Balearic Islands include Mallorca, Minorca, Ibiza, and Formentera. The islands have been a popular investment location for many years, and in spite of worsening economic conditions in Europe, islands like Mallorca have remained sheltered from poor economic conditions in mainland Spain. In fact, many are predicting that investment properties on the island will grow in value over the coming years.
Mallorca-Properties.co.uk has received a lot of attention lately for their large range of properties for sale and their knowledge of the local market. The website is managed by property investment firm Kensington, which specializes in finding luxury properties in popular travel spots like Cala d’Or, Porto Petro, Palma de Mallorca, and other popular spots on the island of Mallorca.
A spokesperson for http://www.Mallorca-Properties.co.uk explained why properties in the Balearic Islands are expected to grow in value in spite of the Euro Zone crisis:
“The Balearic Islands have been sheltered from some of the economic turmoil in Spain, however like most property markets it has been affected. This has led to reduced property prices and the opportunity to purchase luxury properties for a fraction of their value.”
Kensington point out that the Balearic Islands are a popular travel destination throughout the world, which means there is a constant stream of investors willing to purchase the island’s hottest real estate. In addition, the Balearic Islands have experienced increased tourist numbers over the last few years, which means that the island’s residents and its businesses have avoided the worst effects of the economic crisis. A favourable exchange rate between the Euro and Sterling has also helped support the property market in places like Mallorca.
The site connects potential buyers with over 2,000 properties, these properties can be viewed by clicking here. Potential buyers can search by region, price or property type. Each property features a range of high quality digital imagery, full property details, a location map, key features and even a live weather chart. Visitors can then arrange a viewing with the click of a button.
Mallorca-Properties.co.uk also features a plethora of editorial content to help buyers understand the buying process, local mortgages and even the climate. The sites editorial content also gives visitors intimate knowledge of the best local beaches, golf courses, advice on tax issues as well as local news.
A spokesperson explained their approach:
“We have a team of professional that have detailed knowledge not just of the property market but also the area and culture as a whole. With reduced deposits, low interest rates and prices at bargain level we know we can find the perfect property for our customers. However we are a full service agency and we go one stop further to ensure our customers have the best information and assistance in all aspects of local life, customs and legal process.”
Mallorca-Properties.co.uk is owned and operated by Kensington, a real estate investment firm that specializes in selling luxury property on the island of Mallorca. From the website, visitors can search for properties at a number of different price ranges, locations, and areas. For more information, please visit: http://www.mallorca-properties.co.uk