Former Ghost Vacation Homes near Cala Romàntica: Prices, Reservations, and Local Concerns

From Sleeping Beauty to the Sales Prospect

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These days, along the eastern coast of Manacor, you suddenly see construction site gates and freshly laid gravel again. A residential project that has stood half-finished in the landscape since the 2008 real estate crisis is now being put on the market to buyers. The development, under the new name Sunrise Bay Residences, comprises 159 vacation homes on around 62,000 square meters and is located only about a five-minute drive from Cala Romàntica.

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Price range and demand

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The offered houses are priced between approximately 380,000 and 781,000 euros. According to local information, about 66 properties have already been reserved — mainly buyers from abroad who see the property as a vacation or investment property. The developers, named Ibero Capital together with a British company, apparently plan to hand over keys for the first houses at the beginning of 2026.

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How did this happen?

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Just over a decade ago, the project stood practically still: at that time many buildings were already far advanced, then the crisis halted it. In the meantime, market conditions and rental prices have changed, so the former \"problem child\" is back to being a lucrative sale. A previous estimate for the completed development was around 70 million euros.

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Nature conservation and urban planning

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The site sits on sensitive ground near a small stream. Therefore, resuming construction did not proceed without formalities: water authorities and the municipality of Manacor had to assess how interventions in flora and the water balance should be evaluated. Some local politicians remind that planning decisions from the 1970s helped shape the current volume of offers—and that revoking land use would be costly.

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What neighbors say

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In conversations on the ground you hear mixed views: some residents are annoyed by more traffic and possible resource consumption, others see jobs and renewed activity in the area. I spoke with a cafe owner at the market square who mentions construction workers now using the bar again — the breakfast business has visibly picked up.

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Conclusion

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Reviving a once-failed project is nothing new on Mallorca, but it remains tricky: financial interests collide with environmental protection and memories of a construction site that stood still for decades. Those expecting the keys in 2026 should, in addition to location and price, keep an eye on water, traffic, and long-term planning.