The jewel of the Balearic Islands, Mallorca, is synonymous with turquoise waters, limestone mountains, and a sophisticated lifestyle. For many, buying property in Mallorca involves waking up to a sea breeze or enjoying an evening sunset from the privacy of their own home. Whether you are looking for a holiday retreat or a permanent residence, securing an apartment with outdoor space is essential to fully embrace the Mediterranean climate. An apartment for sale in Mallorcawith a private balcony offers that perfect slice of outdoor living without the maintenance of a large garden.
An apartment with a balcony in Mallorca is particularly sought after for holiday rentals, ensuring strong potential returns. Photo: Pexels
Does a balcony add value to a property?
When searching for property for sale, buyers often wonder: Does a balcony add value to a property? In the Spanish market, the answer is a resounding yes. Outdoor space is a premium feature that significantly increases both the resale value and the quality of life.
What is the difference between a balcony and a terrace in Spain?
While the terms are often used interchangeably in listings, a balcony usually refers to an elevated platform projecting from the wall of an upper-floor apartment, perfect for a table and chairs. A terrace generally refers to a larger, open flat area, often found on the ground floor (garden terrace) or the top floor (roof terrace or ático). Regardless of which you choose, having a terrace or balcony in Spain transforms your living experience, extending your home into the fresh air.
Is buying property in Mallorca a good investment?
Absolutely. The island maintains a robust real estate market due to its limited geography and high demand from international buyers. An apartment with a terrace or a balcony in Mallorca is particularly sought after for holiday rentals, ensuring strong potential returns.
Where to buy and investment potential in Mallorca
Where to buy an apartment with a terrace in Mallorca depends on your lifestyle and budget:
Palma de Mallorca: For city lovers, the capital offers chic apartments with balconies overlooking historic streets.
Southwest Coast (Santa Ponsa, Magaluf): Ideal for those seeking sea views and resort amenities.
Inland & East Coast: If you are searching for affordable apartments with a balcony in Mallorca, towns further inland or along the east coast often offer better value per square metre while still being within easy reach of the beach.
Ready to find your perfect island home? View our selection of apartments for sale in Mallorca with a balconyor terrace here:
This extraordinary modern villa is located in one of the most exclusive and sought-after residential areas of Santa Ponsa, in the southwest of Mallorca. A unique property designed for those seeking...
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This beautiful house, located in the outskirts of Alaró has about everything you might need and more. The plot size is over 12 000 square meters and has been beautifully maintained by gardeners....
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Discover this unique finca nestled in absolute tranquility and nature, situated between Porto Colom and Felanitx. With a total of 3 bedrooms and 3 bathrooms, this property offers everything you could...
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Charming detached house with great potential in Alaró This magnificent detached house is located in one of the most peaceful and sought-after areas of Alaró, boasting an impressive 15-meter facade...
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Live in front of the sea with dream views. Discover this exclusive ground floor flat, located in the sought-after neighbourhood of Es Fortí, which combines privacy, comfort and unrivalled...
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Nestled in the picturesque landscape of southeastern Mallorca, just a short distance from Ses Salines, this exceptional finca offers a stylish retreat for the most discerning buyers. Set on an...
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This stunning 3-bedroom house is ideally located in the desirable area of El Toro and offers a perfect combination of comfort, space, and quality. Presented in good condition, the property features...
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This magnificent luxury apartment has been completely renovated in 2021 and offers unique and fantastic views of the bay of Palma, the Bellver castle, and Portals. Ideally located on the hill of La...
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This beautiful chalet with pool in Santa Ponsa is just a few steps away from the beautiful sandy beach. The 560-meter-long Playa de Santa Ponsa is a family-friendly beach with water sports facilities...
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Spectacular newly built luxury villa with views in Son Vida This impressive, newly built luxury villa offers avant-garde design and panoramic views of the Son Vida hills. Its layout, spread over four...
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