The Company

Services

Investment

Mallorca

Property for sale

Managed Projects

Contact

 

 

Investment Services

Residential property as a distinct asset class is now widely recognised as an invaluable part of an international investment portfolio. Over the last nine years the UK residential property market has enjoyed substantial growth. However, London has seen considerable consolidation and the regions are showing signs of overheating. Yields have fallen dramatically as an overbought market chases fewer tenants. We do not subscribe to the doom merchants view of collapse but believe a long period of stagnation will offer few opportunities.

We identify specific redevelopment opportunities for those investors looking to make short term capital returns. These include sites for new build and refurbishment of existing properties.

» See managed projects.

We are actively building long term higher yielding portfolios comprising apartments, town houses, and fincas in the best locations let to corporate tenants, including several prestigious holiday companies on long and short term lets.

In both cases we work closely with recommended architects, planning consultants, builders and interior designers. Please contact us for further detailed information.

The Market

Mallorca is truely international and as such the residential property market is hugely influenced by overseas demand which protects capital values from the peaks and troughs experienced by individual country markets. Due to the malaise of the German economy the property market has eased somewhat due to their withdrawal. However, as the pre-eminent Mediterranean destination other international investors particularly from Northern Europe and the United Kingdom are filling this void.

Mallorca being an Island has a finite supply of prime property which has been compounded by the very strict controls imposed by its autonomous government. The government has over the last ten years made determined moves to control future development and improve areas of past overdevelopment.

Attempting to find and purchase a property efficiently and cost effectively is not easy. The agency market is fragmented and most unlike the disciplined and regulated companies that one is used to. Vendors rarely enter into agency agreements and it is common place to find the same property being offered for sale with varied terms and asking prices. Agencies attempt to protect their listings from each other by producing scant details. There is a frustrating lack of understanding by agents of purchaser requirements.

 

 

Blue Asset Management • Tel +34 971 70 25 83 • Fax +34 971 70 22 60 • info@blueassetmanagement.com