Where we invest
Real estate investment in Mallorca and the Balearics
Mallorca is a market with permanent international demand, scarce land and demanding planning rules: well-bought assets have a solid exit, but the entry price punishes anyone who does not buy at a discount. Palma, Llucmajor, Santanyí, Ses Salines and Marratxí concentrate our operations; Menorca appears occasionally.
- Operations
- 10
- Settled
- 7
- Average return obtained
- 18.9%
- Average real term
- 16 months
- Capital deployed
- €5,798,980
Operations since 2020. Every figure comes from the operations published on this site.
Here are Invernova's real operations on the islands — homes, villas and land with planning — with the return co-investors obtained and the real term of the settled ones.
How we operate in Mallorca
In the Balearics the purchase discount comes from auctions, repossessed assets and sales that demand fast execution; value is added through refurbishments that respect island regulations and a sales process that taps foreign demand.
Invernova co-invests its own capital in every operation; investors take part through a framework agreement plus an addendum, with the asset identified and the budget itemised.
Settled operations in Mallorca
See the full track recordReturn obtained = what the co-investor received on their capital, already settled. Real term = months from entry to sale.
| Operation | Municipality | Return obtained | Real term | Year |
|---|---|---|---|---|
| Emili Darder – Palma | Palma | 12% | 14 months | 2023 |
| Joan Crespí – Palma | Palma de Mallorca | — | 9 months | 2022 |
| Bahía Grande Gardens II – Llucmajor | Llucmajor | 20.5% | 13 months | 2022 |
| Cala Gamba Sea View | Palma | 27.4% | 36 months | 2022 |
| Sa Cabana Urban Living – Marratxí | Marratxí | 20.2% | 18 months | 2022 |
| Bahía Grande Gardens I – Llucmajor | Llucmajor | 14.8% | 14 months | 2021 |
| Nau Sant Lluís – Menorca | Sant Lluís (Menorca) | 18.6% | 9 months | 2021 |
Frequently asked questions about investing in Mallorca
Can a non-resident investor co-invest in Mallorca?
Yes, residents and non-residents can take part after completing identity verification. Tax withholding on the profit is applied according to the rules applicable to each investor.
What assets have you worked on in the islands?
Flats and penthouses in Palma, houses and villas in Llucmajor, Santanyí or Marratxí, and land with a villa project in Ses Salines, among others. Each page details the asset and its condition.
Are terms longer in Mallorca?
Permits and island regulations can lengthen refurbishments, and we factor that into the target term. The table on this page shows the real term of every settled operation.
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