Balearic Islands Shows Rise in Sales
Public Works Ministry have seen significant 14.5 percent increase in sales in the Balearic region of Spain. The figures of 2010 was definitely positive than 2009.
The previous three years was disastrous for the real estate in Spain. Only 5.9 percent year-to-year increase in sales was identified by the property experts. The value of sold homes in Balearic region surprised many people constantly dealing with property.
Government records show that about 491,000 homes were sold in 2010. The Balearic Islands named Ibiza, Menorca, Majorca and Formentera had 10,860 properties sold during this demand period.
The sales and marketing director of “Taylor Wimpey de Espana”, Ignacio Osle commented that the Majorca region in Balearic Islands showed wide yearning for homes. Majorca is the largest beach and has plenty of sporting activities. It has lovely sandy beaches, coves, architectural beauty and traditional culture. Lots of entertainment options are in store in this island.
Real estate in Spain mainly in Majorca region has always attracted British buyers. They have large interest in this part of Spanish beauty.
Foreigners are very inclined towards buying a holiday homes in Majorca region. The rates start from 143,900 Euros which is equivalent to 124,500 GBP. Mediterranean beaches always call people living in cold countries.
More information and photos can be found at http://www.aplaceinthesun.com
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