Legal guide to buy a house in Mallorca
The path to your new home begins here
This is a step-by-step guide for foreigners on how to buy property in Mallorca. We know it’s normal to fall in love with this wonderful island, so this guide goes through the requirements of buying a home in this Mediterranean paradise.
We’ll tell you about the rights and obligations involved with the buying process, the main costs associated with doing so, and also give you some useful tips that will help you gain a clear and specific idea of the process of buying a home in Mallorca. It’s all explained in a simple way and we’ll go step-by-step through everything from an analysis of the legal and tax planning matters (necessary procedures and documentation) to the key handover.
What will you find in our guide to buy a property in Mallorca?
What are the costs when buying property in Mallorca?
How long can the property purchase process take?
What is the buying process like?
What is a private contract and what needs to be taken into consideration?
What is a public deed of sale?
Can I finance a property purchase?
What is a land registry excerpt (nota simple)?
What does having a certificate of habitability (cédula de habitabilidad) mean?
You’ll find out how the process of buying a property works for non-residents, from how to apply for a NIE to registering with the Property Register, as well as matters such as costs when buying (notary, registry), taxes relating to the purchase and the taxes you’ll pay when you’re an owner (tax for non-residents, wealth tax). We also explain the option of getting a residency permit in Spain through the Golden Visa programme.
Why is this legal guide right for you? We help you:
- It’s a local guide. We know exactly what the unique circumstances in Mallorca are
- Our mission is to turn your fears and questions into assurance and confidence
- We offer legal advice and support you throughout the buying process
- Our firm is devoted exclusively to property law
- We have 15 years of experience advising people on property investments.