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2021 in Pollentia Properties
April 21, 2022

2021 in Pollentia Properties

The property market in Baleares has followed a positive trend during 2021 and according to the INE has increased over 30% in comparison to the previous year, above all in the area of second hand homes. This has meant the end of the worst moments of the pandemic and a recovery of the growth tendency in the volume of properties that have changed hands and their prices. In addition we expect this upward trend to continue during 2022 with the sector benefiting from inflation levels unheard of in the last few decades.

During 2021, the national market (which had already experienced strong growth during 2020) has continued to be an important segment which has increased. The lifting of limits on viewings has also allowed for the recovery of other consolidated markets such as the United Kingdom and Germany. The German market has been outstanding in 2021 and especially for Pollentia Properties and we are very aware of the growing importance of global markets and the need to be sure of offering our properties in several languages.

 

2021, a record year for Pollentia Properties 

 

2021 has been a record year for Pollentia Properties with a volume of transactions 400% above the previous year. An excellent result obtained thanks to investments made in recent years. We have reinforced our team with professionals experienced in marketing properties, continual training of the team in order to implement innovative projects, talk to our clients in many languages, be conversant with events happening on the market and, above all, market properties with those sales techniques that achieve objectives and have an online presence through social media and our webpage.

During the last few years, we have been increasing our online presence, first with our webpage and now with social media such as Facebook or Instagram, where more than 1.000 people are constantly informed about the most attractive properties and the latest news about the property market in the islands. Visiting our webpage is still the favourite way for our clients to look at our properties which has signified an increase of over 50% from the previous year.  

Thanks to our results in 2021 we are confident regarding the outlook for the property market in Baleares for the next few years.  Opening an office in Palma was a milestone for us in 2021 and in 2022 we hope to continue growing; our sales agents are listing properties all over the island, we are perfecting our marketing strategies through online presence and we are in the process of looking for partners in order to increase our presence on the island and thus offer a better service to our buyers and owners.

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