6. Are property prices negotiable in Mallorca?
You should regard this exactly as you would in the UK. If a good quality property is on a prime location and sensibly priced there is likely to be a lot of interest and little scope for negotiation. If a property needs work, is in a less desirable location, or is at a high price relative to other comparable properties in the area there is like to be more scope.
If an owner is looking for a quick sale there will be more scope. Conversely if the property can be rented out and earn a good income the owner is less likely to rush a sale and accept low offers.
These things are best judged on a case-by-case basis. Mallorca Property Partners will assess each property and give you impartial objective advice when you want to make an offer and throughout the negotiation.
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