Judging by the divergence in the opinions put forward by the many and varied commentators on the Mallorca property market, it is far from clear as to whether the market has reached its low-point or has further to fall.
Indeed some estate agents still argue passionately that the market has not in fact fallen at all!
One can hardly be blamed for being confused by these reports. At best they give little assistance in the question outlined – is now a good time to buy or not?
This months Mallorca Property Market Update tries to cut through the sea of statistics and widely differing perspectives on the state of the market, and to give some more practical advice to help buyers assess whether this really is a good time to buy properties in Mallorca.
The full text of our latest property market update is online here : Mallorca property market update, Dec ’09
