Sunday, August 26, 2007

Majorca Properties Due For 2007 Sunset

Real estate in Mallorca has been popular for several decades now, with many Europeans who have holidayed on the Spanish island deciding to buy a second home for holidays, a business, or for retirement. Prices have risen on the island as buyers - mainly British and German - have moved in, but there are mixed signals coming from the property and tourist sectors, which could see a freeze in Majorca property inflation, and possibly even a dip in prices in the near future. With the increase in visitor numbers, property demand should in theory be good.
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