This month sees low-cost airline Ryanair launch six new routes out of Mallorca’s Palma Airport.

The airline now flies daily to Cologne, thrice weekly to Rome Ciampino, Porto in Portugal and Malmo in Sweden, twice weekly to Groningen in The Netherlands and once a week to Smaland in Sweden. The increase in flights shows that the island remains an incredibly popular destination for foreign holiday makers and property investors.

Mallorca has the highest overseas resident population in the whole of Spain (26 per cent) which means that one person in five hails from foreign shores. There is a broad spectrum of nationalities that call the island home ranging from British to Scandinavians, Germans to Italians. This mix of nationalities, combined with strict planning laws, is thought to be what makes the property market on the Balearic so resilient.

These new flights are already proving popular amongst Mallorca’s foreign residents, second home owners and tourists and are encouraging more and more people to consider the island as a great place to set up home or invest in rental property.

With this in mind, SpainBuyingGuide.com looked into the properties currently available close to Palma de Mallorca. This one, from leading developer Taylor Wimpey Spain, might be just what you are looking for.

Called Cala Magrana III, this new development is due for completion by December this year. All apartments in the first phase benefit from ocean views and there is direct access to the sea at Casa Anguila Beach just 500 metres away. The complex is close to the marina at Porto Cristo and a number of the island’s best golf courses. The two bedroom apartments are of traditional Mallorcan design and surround a communal garden and swimming pool. Prices begin at €211,500 (+VAT).

For details of property for sale Spain, visit the Spanish listings on Rightmove Overseas. One way to save money when buying in Spain is to use a currency specialist when transferring your pounds into euros to complete the purchase of your property. For more information on this, contact Smart Currency Exchange.

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To understand the full step-by-step process to buying a property in Spain, collect The Overseas Guides Company’s ‘Spain Property Buying Guide’