General Info

Buying a Property in Mallorca in Coronavirus time.

Buying a Property in Mallorca During the Coronavirus Pandemic

Property Buying in Mallorca during the coronavirus pandemic is not only possible, but is still consistently happening on the island. The market may have slowed down, but notaries are working and transactions are moving right along. This goes beyond domestic investment. Foreign investors know the COVID-19 crisis is a temporary ordeal and do not want …

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Taxes arising the purchase property in Mallorca

Calculating property taxes in Mallorca, Spain

When buying a property in Spain you must pay a Transmission Tax or VAT. That’s why it’s strongly advised to calculate the anticipated taxes before making an offer, or even making the decision to buy a property, whether that’s here in Mallorca or any other part of Spain. Purchasing a property also involves side costs …

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Coronavirus close all hotels in Spain

From today all Spanish hotels must remain close because of coronavirus

The Spanish government has ordered the closure of all tourist establishments from March 26th, 2020. This has been established in the Order SND/257/2020 which orders the closure of hotels, similar accommodation, tourist accommodation and other short-stay accommodation, campsites, caravan parks and other similar establishments throughout the Spanish state. Find HERE the Order SND/257/2020 in english …

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Order declaring the suspension of the opening to the public of tourist accommodation establishments in Spain

I. GENERAL PROVISIONS DEPARTMENT OF HEALTH Important notice: This translation it’s only for informative uses. The only biding version it’s the Spanish one published in the BOE. READ IT HERE Order SND/257/2020, of 19 March, declaring the suspension of the opening to the public of tourist accommodation establishments, in accordance with article 10.6 of Royal …

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Declaration of the State of Alarm in Spain. Full text in english

Royal Order 463/2020, of 14 March, declaring the state of alarm for the management of the health crisis situation caused by COVID-19. Important notice: The following text is for information only. The only valid one is the one published in Spanish in the Boletín Oficial del Estado and that can be read by clicking here. …

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DETECT ILLEGALITIES IN MALLORCA

How to Detect Property Violations in Mallorca

Buying a property in Mallorca means entering a labyrinth of Property Violations, laws, regulations, and abstract concepts that bears a fine line separating legality from illegality. Learning to detect those infractions in Mallorca is essential when moving forward with a property venture. One mistake can make the difference between a legal property, a property qualified …

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Taxes when purchasing a property in Mallorca

What Taxes Can You Anticipate When Purchasing a Property in Mallorca?

In theory, the answer is simple. Every property elicits different taxes. In order to calculate these taxes, you must first understand the details of the property.  The direct taxes that you pay when purchasing a property are on a sliding scale. Whereas, the indirect taxes that are paid annually on a Mallorcan property, depend greatly …

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Anonymous complaints against urban illegality in Mallorca now are admitted.

The owners of illegal properties in Mallorca have a new enemy. Until recently it was necessary to identify oneself in order to denounce. From February 2019 anyone can file a complaint without identifying themselves. That is why it is ESSENTIAL to make sure of the legality of the property you are going to buy before …

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