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Properties for Sale in Mahon, Balearic Islands, Spain

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Real estate in Mahon

Spain's Balearic Islands are a hotspot for international home buyers and investors, and Mahon, the capital city of Menorca, should be high on your list if you're seeking a beautiful villa or stylish apartment in a spectacular location. This quaint city, perched on the eastern shores of the island, offers stunning views of one of the deepest natural harbours in the world. With its classic Mediterranean architecture, charming old town and mesmerising azure waters, Mahon is often referred to as the "Jewel of the Balearics". Before immersing yourself in the local real estate market, it’s beneficial to understand what it's like in Mahon, what properties are currently on the market, and the typical cost of obtaining a holiday home in this Mediterranean paradise. Mahon is a blend of old and new, offering everything from historic townhouses to modern sea-view apartments, and the high demand often reflects in the price. Whether you're looking for a summer retreat or a permanent home, Mahon's diverse real estate market offers something for everyone.

Mahon properties: Market trends overview

Mahon’s real estate market in the Balearic Islands has seen a steady increase in property prices over recent years. This upward trajectory has made the city an appealing investment opportunity for overseas buyers, particularly those hailing from the UK, Germany, Scandinavia, and the United States. The spectacular seascape, coupled with the city's active lifestyle, thanks to the many leisure centers and golf courses, makes Mahon an alluring blend of relaxation and excitement. Coupled with seamless connectivity to other vibrant Spanish cities, Mahon presents a compelling proposition for property investors. The past few years have seen local authorities in Mahon investing substantially into the city’s infrastructure and development, providing a diverse range of property options to both local and international buyers. The city boasts a range of architecture that includes modern apartments, stylish townhouses, contemporary style villas, traditional ranch-style fincas, and luxury penthouses. The ease of finding a property for sale in Mahon that fits varying budget and lifestyle choices makes this Mediterranean port city increasingly attractive to foreign investors. The city’s rich history, scenic harbour views, and quality life further enhance its appeal to those looking to invest in Spanish real estate.

Average price of a property for sale in Mahon

What kind of prices should you anticipate for properties in Mahon? The answer to that is not completely straightforward due to multiple elements that contribute to the eventual cost, such as the type of property, how close it is to historical landmarks and beaches, available facilities, and individual preferences such as luxury details, size, accessibility, and so on. Recent data indicates that the highest quoted price for properties for sale in Mahon was € 2,866 per square meter. The priciest properties can be found in the Mahon city center area. Conversely, the lowest prices, with a mean price per square meter of €2,133, are present in the Es Castell-Mahon port area. The current average listing price for a dwelling is somewhere around €616,733.

Types of properties can you find in Mahon

In Mahon, Spain, the real estate landscape is characterized by a diverse range of property types, incorporating everything from modern apartments, plush penthouses, exclusive seaside villas, to quaint Spanish fincas. The most sought-after properties for sale are located within secured residential developments. Potential buyers can look forward to 3-4 bedroom apartments featuring spacious balconies and double-storey residences. Each of these residences have distinct entrances, expansive terraces, and their own kitchens. Another option includes a newly constructed villa situated in a prime location in Mahon, Spain, which boasts a stellar sea view. These properties offer the advantage of being within a short walking distance to the beach, thereby serving as an idyllic place of residence.