A couple of days ago I highlighted a property for sale in Pollensa (see also Pollensa finca for sale)which has just had it’s priced slashed to an incredible 715,000€ (yes regular readers will think I have hit the bottle as I am generally a down beat very pragmatic sought of chap!!)
Is that cheap? Well 715,000€ is of course a lot of money but when you look at the size and characteristics of the property and it’s 2 independent houses then not only are we talking about 2,465€ per m2, which is barely above the average for Mallorca including very normal properties in very normal locations, but also a property with 2 fully independent units ideal for letting (2 pools, 2 separate entrances / driveways etc). If I had to put my neck on the block I would put a conservative valuation of 1,000,000€, a full 30% higher, and I have no doubt that many local agents would argue more. I prefer to be conservative.
For other highlighted Pollensa Property opportunities see Pollensa Property Market
For a selection of properties for sale in Pollensa and Puerto Pollensa click on the link
Filed under: Property for sale in Mallorca and Mallorca Investment Property, Property for sale in Pollensa - Pollensa Property Tagged: | country houses for sale in Pollensa, Fincas for sale in Mallorca, fincas for sale in Pollensa, houses for sale in pollensa, Pollensa houses for sale, Pollensa property, Pollensa villas for sale, property for sale in Pollensa






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