You will need an NIE (Foreigner Identification Number), a Spanish bank account, and the usual documentation for the purchase. We can guide you through every step.
A lawyer will check the property registry to ensure there are no debts, mortgages, or legal issues. We always recommend this due diligence before signing anything.
Apart from the property price, you should calculate around 10–12% extra for taxes and fees. This includes transfer tax (or VAT on new builds), notary, registry, and legal fees.
It depends on your lifestyle. Palma is vibrant and cosmopolitan, the southwest is popular with international buyers, the north and east offer natural beauty and quieter living, while the interior gives you authentic Mallorcan charm.
Yes, Mallorca has excellent hospitals, schools (including international ones), supermarkets, and transport connections. Some smaller villages are quieter, but Palma and main towns are very well served.
Mallorca has a strong and stable real estate market. Limited land and high demand usually mean long-term value growth.
Long-term rentals are always possible. For short-term holiday rentals, you need a specific license, which can be restricted in some areas. We can check this for you before you buy.
Properties in good locations sell very well, especially those with sea views and near Palma
Annual costs include property tax (IBI), community fees (if applicable), utilities, insurance, and maintenance. As a rule of thumb, many owners calculate 1–2% of the property value per year.
There are property management services that can take care of cleaning, garden, pool, and security while you are away.
Yes, non-residents can usually get up to 60–70% of the property value, depending on the bank and personal situation.
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