Long Term Property Investment in the Balearics

Many of the properties of Menorca are available on the south side of the island. Villas in Menorca are less in price than in Majorca

and Mallorca. These islands are located about 25 miles apart. Menorca is home to Mount Toro, where many fiestas are held from

January to September, during fiestas residents can participate in many recipes, and celebration. The golf course is also on the island,

which is a perfect complement to the 120 plus Menorca's beaches. That's more than any of the other islands available on the island.

Property for sale in Mallorca

Many luxury villa in Majorca has five rooms or more in the beach. Some of these villas are equipped with bathroom many, many

workshops, gym, central heating, air conditioning, great pool, many terraces, gardens and other modern amenities. Many of these

properties will cost € 3 million or more investors, but there are others which appeal to new investors in real estate prices, such as €

275,000. Cheaper real estate for sale in Mallorca less room and can be located away from the beach, but still that luxury, which is so

sought after.

More than 25 of the Mallorca beaches have been recognized by the European Union as a safe and well maintained, the beaches of

Majorca are extremely clean and family. Mallorca Residents will have 10 hours of sunshine and temperatures in the mid 30 degrees

Celsius in July and August.

Property for sale in Ibiza

Ibiza also enjoys over 300 sunny days a year. In the summer months, but also receive up to 11 hours of sun a day. Little rain. Ibiza is

associated with nightclubs and dance for young people. But on the other side of Ibiza is much slower and has more areas of life.

Property in Ibiza are often located near the beach or parks in the area, which comes with a view of the nature of the island. Investors

should expect to pay around € 850,000 for a four-bedroom house.

Buyers are attracted by the diversity of cultural activities in the region. Shopping, dining and socializing are abundant, and, rest in the

country.

Property for sale in Formentera

Formentera is an island 12 miles long is located six miles from Ibiza. However, there is little land for investment. Real estate prices

are high because there is very little left of uninhabited land on the island. House with four bedrooms on the island can cost around €

1.7 million. If the buyer is lucky enough to find available real estate, he or she will enjoy the beautiful scenery and unspoilt beaches in

the sought after location. This area is quiet and is ideal for couples, families on holiday without interruption.

Purchase process

Buying a property in the Balearic Islands can be provided for 10% of the purchase price, usually. Private contract must be signed by

the seller and buyer. Transport Act, or "escritura publica" must be signed by both parties, together with a notary. Experts advise

buyers to get a lawyer, which is typically 1% to 2% of the purchase price. Real Estate Commission is usually a percentage of sales,

and is typically paid by the seller.