Puerto Andratx is one of the most well-known and sought-after property locations in Mallorca. It is an old fishing town and still has a fleet of small fishing boats that bring daily catches to the island. You can buy the fish practically straight from the boats by going to the little fish market on the quay in the early evenings.
Puerto andratx has been said to be the prettiest harbour in the Mediterranean. Whether this is true or not, the town does unquestionably have a great deal of charm and a lot to offer:
- the small harbour, pretty bay and marina
- the mountain scenery surrounding the town
- the harbour-front cafes and restaurants
- the fact that there are few hotels here and the town does not become over-run with tourists
- property development being tightly controlled with very little scope for further development
- the ease of access from Palma de Mallorca and the airport
All of these things contribute to the appeal of this as a location to own property.
Consequently Puerto Andratx has quite a sophisticated or “chic” air about it. It is not a beach resort (there is one small beach on the far side of the bay), and inevitably prices in such a location are relatively high. Regardless of this we still recommend Puerto Andratx as one of the best places to invest if you are looking for such a location for a holiday home or permanent residence. The limited supply of properties, particularly with sea views, and the continuing tight controls on on planning permissions, ensures that demand for Puerto Andratx will continue to outstrip supply and this trend looks set to continue well into the future.
In terms of prices, Puerto Andratx has been affected by the global recession – nowhere in the world has escaped this! But prices have been less affected overall than most locations and owners who are not under pressure to sell are often choosing to take their properties off the market until things improve. Having said this there are some good deals to be had and this is a good time to buy in Puerto Andratx if you are in a position to do so.
For sea villas you should allow Euro 1.500.000 to have any choice. There are one or two exceptional opportunities at present for less, and there are also plenty of properties well in excess of this amount.
For apartments you should allow Euro 300.000 for a small 2-bed sea view property. Once again this is very much a starting figure and there is not much choice at this level. There are more options from Euro 550.000 upward and for a premium location and development prices rise up to Euro 800.000+ for two beds and around Euro 1.000.000 upward for 3 beds.
≈ Location guide to Puerto Andratx
≈ View our selected properties in Puerto Andratx
≈ Brief MPP to find your ideal property in Puerto Andratx
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Puerto Andratx gallery – 15.05.09: 18 photos
