When Covid-19 took a grip of the world the whole world stood still and took notice.
This whole lock down along with social distance challenges, business closures and travel restrictions, it left a very different light shining a very new perspective on things for so many of us. It is in times of Crisis people tend to look for weaknesses and try to use these to their advantage and there is no exception in the real estate industry.
We are inundated with clients interested in acquiring properties with a large amount asking about the “Covid Price” but here in Mallorca prices are on the rise. At the end of the year 2020 the second hand property prices in the island were the highest in the country.
Article in the Mallorca Daily Bulletin Jan 2021
