More: Haddington Offers Historic Homes, From Country Estates to Victorian Townhouses, Just 20 Miles From Edinburgh The steakhouse Lume & Co., which is set in a historic 15 th-century building, offers several kinds of beef, notably vaca Gallega, black Angus, carne de la finca and Wagyu, and is dedicated to what its website describes as вЂњhealthy Mediterranean gastronomy.вЂќ Residents have a varied choice of restaurants. The brand-name luxury shops such as Louis Vuitton, Cartier and Rolex are on the main streets El Borne and Jaime III, PalmaвЂ™s so-called вЂњgolden mileвЂќ that also features local luxury boutiques. Son Vida, which is exclusively residential, is about a 10- to 15-minute drive from the center of the city of Palma and all its shops, restaurants and cultural activities. Set on half an acre, it is 6,888 square feet. This new-construction residence, which has seven bedrooms and six bathrooms, is on the market for 11.95 million (US$14.1 million). They may move house for reasons or views, but they always stay in Son Vida.вЂќ вЂњClients who buy in Son Vida never leave. With its natural beauty, wealth of activities and proximity to the city, Son Vida вЂњhas become the place to be or status symbol for the great international fortunes,вЂќ Ms. MuГ±oz noted that вЂњfor those who love the sea and the mountains, Son Vida provides the best of both, as from this area you can enjoy wonderful walks in the countryside, by the sea or through PalmaвЂ™s old capital, all close by.вЂќ вЂњThereвЂ™s also lots of privacy, space, and the area is well cared for.вЂќ вЂњAt every point, either to the sea, the city or the mountains, the views are fantastic,вЂќ Ms. PalmaвЂ™s most high-end residential area, Son Vida is surrounded by golf courses and exemplary scenery. More: Punta Mita, Mexico, Is Having Its Day in the Sun The residence, which is on more than half an acre, has 10,258 square feet of interior space. This villa, which has an infinity-edge swimming pool, six bedrooms and seven bathrooms, is on the market for 14.7 million (US$17.35 million). Penthouses in Hoyo can reach в‚¬2 million (US$2.38 million) in Son Vida, they go as high as в‚¬1 million (US$1.19 million), he said. Roddy Aris, partner at Knight Frank, added that there are only two multi-family developments: Residencias Son Vida Golf and the Hoyo Tres. Villas priced between в‚¬5 million and в‚¬13 million (US$5.9 million to US$15.39 million), she said, are in the greatest demand. More: Nature in All Her Glory Stars in AustraliaвЂ™s Leafy Tallebudgera Valley MuГ±oz said, adding that вЂњa plot of 2,000 square meters with sea views can fetch up to в‚¬4.5 million (US$5.33 million), and one without sea views would go for around в‚¬1.5 million (US$1.78 million).вЂќ вЂњPlots of land have also become increasingly more valuable, and they tend to sell quickly,вЂќ Ms. Prices are pegged to the size of the property, the sea views and the location. She added that the в‚¬65 million property that is on the market now is the most expensive in the country. The neighborhood has some of the islandвЂ™s most exclusive estates, with prices ranging from в‚¬2.8 million to в‚¬65 million (US$3.29 million to US$76.34 million), according to Alejandra Vanoli, managing director of Mallorca SothebyвЂ™s International Realty.

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