Your Guide to Real Estate on Mallorca
Everything you need to know about purchasing and selling property in Mallorca
Your Journey to Property Ownership
Buying property in Mallorca is an exciting journey, and we're here to guide you through every step of the process. Our experienced team has helped hundreds of international buyers successfully purchase their dream properties in Northern Mallorca.
Whether you're looking for a holiday home, permanent residence, or investment property, this guide will help you understand the Spanish property buying process and what to expect.
The Buying Process
Initial Consultation
Meet with our expert team to discuss your requirements, budget, and preferred locations in Northern Mallorca.
Property Search
We'll curate a selection of properties that match your criteria, including exclusive off-market listings.
Property Viewings
Visit your shortlisted properties with our knowledgeable agents who can answer all your questions.
Make an Offer
Once you've found your dream property, we'll help you negotiate the best price and terms.
Legal Process
Our recommended lawyers will handle all legal aspects, including due diligence and contract preparation.
Completion
Sign the final documents, transfer funds, and receive the keys to your new Mallorcan property!
Frequently Asked Questions
Can foreigners buy property in Mallorca?
Yes, there are no restrictions on foreigners buying property in Mallorca. Both EU and non-EU citizens can purchase real estate in Spain.
What are the typical costs involved?
Beyond the purchase price, expect to pay approximately 10-12% in additional costs including transfer tax (ITP), notary fees, land registry fees, and legal fees.
How long does the buying process take?
Typically 1-3 months from making an offer to completion, depending on financing arrangements and legal checks.
Do I need a Spanish bank account?
While not mandatory, having a Spanish bank account makes the process easier for utility payments, property taxes, and ongoing expenses.
What is an NIE number?
NIE (Número de Identificación de Extranjero) is a tax identification number required for all property transactions in Spain. We can help you obtain this.
Ready to Start Your Property Search?
Our expert team is here to help you find your perfect property in Northern Mallorca