Once again, we are looking back at our results, in this case from a year during which our initial expectations had to be adjusted because of the impact of the COVID 19 pandemic. In spite of the ups and downs suffered by the property market over a series of months, last year was a time of change and adaptation and we were able to carry out some new and interesting projects. Keep reading and find out all the details of the yearly report from Pollentia Properties, your Estate Agency in Mallorca.
In Pollentia Properties we consider an online presence as very important and so renewing our corporative image with a more refined and subtle logo and refreshing our webpage have been our greatest achievement this year. On a post on our blog this summer we told you about all the new features on our brand-new web page.
Among other things, access to information was improved for our clients, in addition to making contents more streamlined and elegant. In this way, for people in search of a luxury property in Mallorca and also for those who wish to sell a property there is access to information of every type with a filter for specific interests, for example, the location of the property or its individual features. At the same time, we updated our categories with the addition of relevant information concerning currency exchange especially for those clients with funds abroad.
In lockdown we were forced to adapt to certain situations unknown up till then in our daily life and the search for houses and country properties was no exception. As a result, we were witnesses to an increase in the sale of properties online through the introduction of virtual tours. The availability of the new Matterport method facilitates a viewing of any listed property from your own home. In this way, it is possible to find the perfect property with just one click which provides all the relevant details, such as the structure and the interior decoration with 360degree panoramic views and interiors and exteriors in 3D. As a result, it is easy to imagine yourself relaxing in our fantastic Mediterranean climate.
The increase in the search for apartments and town houses for sale in Pollensa indicates that there is more and more desire to get away from cities and this is a clear sign on the part of clients. Our portfolio of clients is getting more selective which has produced a very good result in a year when we sold properties for a total of approximately 14 million.
Our multilingual team, who speak English, German, Spanish, Catalan, French and Swedish, has been one of our main asserts right from the outset. Added to this are the positive values of a group of people prepared to offer top quality services.
Times of crisis are also times for opportunities, therefore our Estate Agency, specialists in online auctions, can offer you this year all the necessary advice and information concerning properties up for auction in Spain. For everybody who is wondering how to maximize cost effectiveness when buying a property, this is an opportunity which is attracting a lot of interest with excellent results.
Pollentia Properties has a multifuntional team in charge of the entire process from locating a property to the analysis of its viability. We work with a minimum of 30% net profit for the client which constitutes a good return on their investment. To be able to count on legal advice from a specialist lawyer allows us to offer our clients an excellent and personalized service.
Our Iine of investment, Singular Invest, permits the qualification of assets, the selection of operators for hotel assets and an advisory service for transactions and leases. Studies and viability of the market are also available and thanks to an in-depth knowledge of the sector the client is able to avoid possible obstacles.
It requires years of experience to be able to interpret property opportunities in addition to having the necessary tools. As a consequence, at Pollentia Properties we believe that real estate crowdfunding is a significant advancement for investors in search of new opportunities. This is a particular form of financing that each client can contribute in support of a project and this can be as much or as little as they wish. Some of the advantages of real estate crowdfunding are:
In 2021 Pollentia Properties will launch a franchise concept in all the Balearic Islands. The first licensee partner will start in the Mallorca centre region in the first half of the year and is therefore looking for new committed employees. We are working ambitiously to have more franchised partners in Mallorca in the regions of Palma, south, southwest, southeast, northeast, west, as well as in Ibiza, Menorca, and Formentera. At the end of the day, we want to be able to offer the good service to which our clients are used to, in the North region, soon available in the rest of the Balearic Islands.
From Pollentia Properties, Estate Agency in Mallorca, we would like to thank our team and our clients for being a part of our project for this year. Our position as a leading agency in the north of the island of Mallorca wouldn´t be possible without constant support in these difficult times.