The exquisite and upmarket residential area of Formentor is offering prime second-home buyers utmost privacy and a wonderful flow of living. The area is exclusive due to its privileged location in the really heavenly place of Formentor peninsula. By right, it is considered as the most emblematic spot in the North of Mallorca. Here, you have a unique opportunity to live moments away from the picturesque Formentor beach and the world-famous Formentor Hotel.
Formentor Property Insights
Most of the properties in this residential location are represented by the magnificent villas, built in traditional Mallorcan style. Here, you will also find townhouses that are arranged around the garden with a swimming pool. The properties have astonishing sea views over the Formentor Hotel’s private beach. The area also provides a very peaceful environment.
The average price for an exclusive Formentor property is 2,5 more than Mallorca’s regular and is around €14,700 per sq. meter.
12. November 2018
Sale price distribution in Formentor
Sale price per sq.m. for each property price in Formentor
Why Formentor Property?
Formentor Peninsula is located on the northernmost tip of Mallorca. This a tongue of land is 13 km long and 3 km wide, which ends in a cape of dizzying cliffs. Before reaching the cape, you pass through a tunnel 200 m in length excavated through the mountain locally named d’En Fumat.
Cape Formentor is a nature reserve, which represents an impressive rock wall rising to a height of 200 m, constantly battered by waves. From its lighthouse, you can admire the grandeur of the Mediterranean. In this landscape, the most vital elements are the wind and the sea. These views are only comparable to those of a postcard.
Cala Formentor is a beautiful white sand beach with turquoise water, Blue flag awarded. The coastline is only a few meters wide, but it extends over 800 m. Surrounded by pine trees, it offers great views over the bay of Pollensa.
On the peninsula of Formentor, you can also visit one of the beautiful isolated bays, such as Cala Boquer, Cala San Vicente or Cala Castell.
The nearby Es Colomer viewpoint commands views of the islet of the same name. On the other side of the road lies Cala Pi de la Possada, a cove surrounded by surprisingly lush pine woods.
This is also the site of the emblematic and luxurious Hotel Formentor, which was opened in 1928. It is the first luxury hotel built outside Palma de Mallorca, designed by the Argentinean millionaire Adan Dieh. The hotel is set in 1200 hectares of park-like grounds, boasting panoramic views over the bay. Also, it has its own beach with turquoise water.
The Hotel is notable by the many illustrious guests who once stayed here. They include Winston Churchill, Edward Windsor, Prince of Wales, the Prince and Princess of Monaco, Charlie Chaplin, and the Dalai Lama. No other hotel in Mallorca has so prestigious guest list as the Hotel Formentor.
Having this exclusive Hotel close by and being able to use its facilities can be considered as an added holiday bonus. Amongst other amenities, including 4 tennis courts and the own beach, there are five restaurants and a superb bar with live music.
”El Pi” is one of the most exclusive restaurants. It was opened 20 years ago and since then, it has welcomed numerous celebrities and state guests. Chief Tomás Gonzalez offers the menu of three kinds: “grilled, classic and creative”, serving a wide range of fish and meat dishes. Also, the international wine list is quite impressive.
Prime second-home residents in Formentor can benefit from the privileged location with all the amenities available in a close vicinity. It is about 70 km from Palma city and the International Airport. Puerto Pollensa with its enchanting harbor is located in just 5-10 minutes drive. Here you can indulge in a small town ambiance spiced up with excellent restaurants and luxurious shops. The historic town and the center of the municipality of Pollensa is reachable just in a 15-minutes drive. For golf lovers, the area is conveniently located 10 km away from the Pollensa Golf course.
This way, the residential area of Formentor is especially interesting for those prime second-home buyers, who are seeking for a unique opportunity to acquire property in the north of Mallorca. It is a nice chance to have a superb house positioned in a quiet, exclusively picturesque and desirable residential location.