Charming Renovated
Majorcan Townhouse
Real Estate Investment Proposal Template
Santa Margalida, Baleares 07450, Spain
PRICE AVAILABLE UPON REQUEST
Discover the charm of this unique property, a fully renovated 222 m² traditional Majorcan townhouse in the heart of picturesque Santa Margalida. Originally built in 1890, this exquisite property blends historical elegance with modern luxury. Featuring a spacious open-space master suite, bespoke kitchen, and versatile living areas, each space is crafted with meticulous attention to detail by local artisans.
Step outside into your private Mediterranean garden, complete with a saltwater pool, offering a tranquil oasis for relaxation and entertainment. Perfectly positioned minutes away from the stunning Playa del Muro beach, Casa Margarita is more than a home – an exclusive lifestyle in Mallorca's most coveted location. Embrace sophistication, comfort, and heritage in this unique Mediterranean gem.
4 Beds
3 Baths
2,390 sqft
Single-family
General Information
• Year Built: 2024
• Architectural Style: Contemporary Mediterranean
• New Construction: Yes
Interior Features
• Living Area: 2,389.59 sq. ft.
• Total Bedrooms: 4
• Full Bathrooms: 3
Exterior Features
• Private Pool
• Attached Guest House
Floor plan
The floor plan of Casa Margarita showcases a thoughtful layout, featuring a spacious open-space master suite, four total bedrooms, and three full bathrooms, ensuring comfort and privacy for each resident. The bespoke kitchen and versatile living areas are designed for both functionality and elegance, fostering a seamless flow throughout the home, perfect for both daily living and sophisticated entertaining.
Property details
Property Type: Single-Family
Casa Margarita is a single-family home, offering an ideal blend of privacy and comfort, making it a perfect choice for families seeking a harmonious living space in a picturesque setting. Its structure and design cater specifically to the needs and dynamics of individual family living, ensuring a personal and intimate atmosphere.
Lot Size: 1,905 square foot
Casa Margarita is a single-family home, offering an ideal blend of privacy and comfort, making it a perfect choice for families seeking a harmonious living space in a picturesque setting. Its structure and design cater specifically to the needs and dynamics of individual family living, ensuring a personal and intimate atmosphere.
The property's value is reflected in its price per square foot, a metric indicating the balance between luxury and investment. Listed as MLS ID a0UUc000001T0nGMAS, Casa Margarita's active status invites potential homeowners to become part of an exclusive community in a sought-after location.
The property is currently marked as 'Active' in the listings, highlighting its availability and inviting immediate interest from potential homeowners seeking a unique and upscale living space.
Casa Margarita is registered under MLS ID G2H8YNXWCH6U2LEOE9, ensuring a seamless and reliable real estate listing process for both buyers and agents interested in this distinctive property.
Investment summary
The real estate market in Santa Margalida is characterized by its exclusive properties and high demand, fueled by its picturesque landscapes, rich cultural heritage, and proximity to stunning beaches like Playa del Muro. The market caters to a discerning clientele seeking luxury, privacy, and unique architectural designs.
Price Trends
Prices in the area have shown resilience, with premium properties like Casa Margarita maintaining their value due to their unique offerings and irreplaceable locations.
Buyer Demographics
The buyer profile typically includes affluent individuals, international investors, and those seeking a luxurious second home in a serene yet accessible location.
Supply and Demand
The supply of high-end properties is relatively limited, preserving the area's exclusivity and leading to a competitive market environment, particularly for unique, well-appointed homes.
Financial Analysis
While the specific sale price is upon request, properties in this segment often command premium pricing due to their unique characteristics and location. Potential investors should consider the robust rental market, the potential for property value appreciation, and the lifestyle offerings that enhance the property's desirability, ensuring a sound investment with both short-term rental potential and long-term asset value growth.
Demographics
Santa Margalida's population of approximately 12,500 is a cosmopolitan mix, with a significant percentage (about 30%) comprising international residents, primarily from Northern Europe and North America.
The average household income in the area is around €85,000, reflecting the affluent nature of the community.
The neighbourhood is a blend of traditional charm and upscale modernity, with over 70% of properties classified as luxury residences.
- The area boasts a 95% occupancy rate year-round, ensuring a vibrant community.
- Local businesses thrive, with a 15% year-on-year growth, particularly in sectors like artisanal crafts, boutique retail, and gourmet dining, with over 50 unique establishments catering to a discerning clientele.
The property market in Santa Margalida has seen an annual appreciation of around 8% over the past five years, outperforming the national average by 3%.
The average time on market for properties like Casa Margarita is approximately 60 days, significantly lower than the regional average of 90 days, underscoring the high demand.
Premium properties command rental rates ranging from €2,500 to €4,000 per week during peak season, with an average occupancy rate of 75%, making them a highly lucrative investment.
Off-peak season rates average around €1,500 per week, with a 60% occupancy rate, ensuring a steady income stream year-round.
The investment yield for high-end properties in the area averages at 6%, with some prime properties reaching up to 8%. Construction is tightly regulated, with only 5% of the land designated for new developments, thereby preserving the exclusivity and charm of the area.
Recent investments focus on sustainable and eco-friendly renovations, with a 20% increase in properties receiving green certifications, enhancing their value and appeal in a market increasingly conscious of environmental impact.
