It is amazing to see how much Mallorca has evolved since we moved here in 2016, at the time the island was already flourishing with a strong real estate market especially when it came to the Germans, British and Swiss. We started to see many Scandinavians beginning to buy on the island which added a great mix to the already international flair from the local Mallorquins to people from mainland Spain and from all around the world.
With the continuing success each year of the real estate market, especially in the luxury sector, came more high-end restaurant, retail stores, and an overall evolution of the island. Each year the market questioned when the real estate bubble would crumble, but the market has continued to rise in value year after year. During COVID-19 everyone expected the market to finally weaken, and it did just the opposite. Many people around the world realised they could work from anywhere with a laptop or phone.
After this traumatizing time, many decided they wanted to live somewhere in nature. Mallorca’s success during COVID-19 ultimately led to doubling the value of real estate in the high-end luxury sector in many regions throughout the island and especially central Mallorca, where people could enjoy living amongst nature and knowing they would have a peaceful place to be in case there was another global pandemic.
The data that people could access via reading the news or researching on the internet proved Mallorca and the Balearic Islands to be one of the safest places in the world post COVID-19 due to the extremely limited number of cases and fatalities. Other things about Mallorca began to surface and it no longer became just a popular vacation destination with 320 days of guaranteed sunshine. The world began to focus on the incredible gastronomy, culture, beaches, caves, hiking, biking, mountain activities and more in conjunction with the incredible infrastructure with the top hospitals, local and national police, incredibly low crime rate as well as diversity of population and opportunities in the boating and yachting world amongst others.
