Andratx has always been regarded as one of Mallorca’s “property hotspots” and a favourite destination for the rich and famous. During the boom years the Port of Andratx became a hive of construction activity as every conceivable peice of the rocky coastline was snapped up to build ever higher priced villas and apartments. While in most cases the build quality was high, corruption scandals emerged and black clouds were cast over the market even before the economic downturn threw everything into reverse.
So what is the legacy for the Andratx property market and what are the prospects during the downturn and for when growth returns? First and foremost despite the almost totally uncontrolled development activity since the turn of the century and, at the very least, “suspect quality” of the general environment created by this boom, Andratx and particularly the Puerto Andratx coast has maintained its allure for property buyers seeking top quality villas with spectacular sea views.
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