Luxury market Mallorca
Luxury and lifestyle go hand in hand. So it comes as no surprise that Mallorca is increasingly attracting premium brands, VIPs and millionaires, as the growing number of private jets at Palma´s airport and the imposing yachts off the coast testify.
It is not just Louis Vuitton, Aigner, St. Regis Mardavall and Fernando P. Arellano that are objects of desire, this refined clientele likes to stroll along upmarket promenades, dine in Michelin-starred restaurants and, above all, live in style.
As a result, demand in the luxury real estate sector is growing. High-end villas with their own tennis court, plenty of privacy and, ideally, their own direct access to the sea are more sought after than ever. Price is of secondary importance and depends on location and amenities. But the luxury market is a limited one; building land, especially on the coast, is scarce and the price of plots is high. Nevertheless, investors, above all from Germany, the UK, Scandinavia and Russia, are attracted by the exclusive image, the quality and the security offered by Mallorca.
Where is the most exclusive place to live?
“South West Mallorca of course,” says Matthias Kühn, the pioneer in the luxury real estate sector. “From Son Vida to Puerto de Andratx discerning buyers can find everything they need: chic marinas, the finest restaurants, upmarket shops and international schools. So it is not surprising that this is also where most new-build projects are being built.”
“Where no more building land is available by the sea, old properties are either extensively refurbished or replaced by spectacular new builds,” Matthias Kühn adds.
What are property purchasers looking for?
Matthias Kühn: “Our customers today have completely different expectations than 30 years ago. Today people use their property either as their primary residence or they shuttle between homes. That requires a completely different setup. And our customers are getting ever younger. Modern home control systems to operate the air conditioning, garage door and automatic watering system for the garden via an App are just as much part of the luxury home as a whole spa area.”
We cast an envious eye over some of the most spectacular projects and superlative luxury properties:
Premium Selection — a brand of its own
Kühn & Partner is one of the pioneers in the luxury property market in Mallorca. Superlative properties in Mallorca & Ibiza are marketed under the brand name “Matthias Kühn Premium Selection”. All are characterised by their exquisite style, exceptional locations, luxurious amenities, state-of-the-art technology and first-class design.
You can obtain more information on these and other luxury properties, as well as personal VIP consultations at the offices of Kühn & Partner. You will find a selection of high-quality properties on the company’s website; further properties are marketed discreetly.