Here, we have outlined the necessary steps for buying your new property in Mallorca. We would be delighted to further detail these steps and assist you in the home buying process in Mallorca. I, Toni Marqués, am a member of a legal team specialized in: foreign investments, property transfers, NIE number registry, tax advice, charge
Before even making an offer on a property in Mallorca, it’s wise to create a tax plan detailing the specific tax implications you may face once you make your purchase. This is important for understanding both the lump sum you will pay as well as the tax breakdown. Try our free Tax Calculator Service What
Foreign tourism will be able to travel to the Balearic Islands from July onwards. Also to the rest of Spain.
The fact that tourism will be able to travel to Spain from July means that all those non-resident foreigners who have a second home in Spain could move there freely. The President of the Spanish Government, Pedro Sánchez, announced this Saturday 23rd May that foreign citizens will be allowed to travel to Spain for tourism
Habitability Certificate or Occupancy, does NOT guarantee the urban legality of a house in Mallorca.
One of the most common confusions when buying a house in Mallorca (or elsewhere in Spain) is to believe that having a certificate of occupancy /habitability certificate in force is equivalent to having a certificate of urban legality. As you will see, this is WRONG and is often used to create a false appearance of
To achieve a correct conveyance of property in Mallorca it is essential hiring a specialist lawyer. But it is also essential that this lawyer is completely independent of the seller or the Real Estate Agent (hired and paid by the seller). Note Real Estate Agent in Spain has nothing to see with a Broker in
Do not be mistaken; not all properties for sale in Mallorca have been checked and evaluated. For this very reason, I offer you the opportunity to have a free Lawyer’s Risk Report. Perhaps in your home country the properties that come on the market uphold certain requirements. In our system, illegal properties have been sold
The Free Online Risk Report details all of the essential checks before making the final decision to buy a property. If there is any risk in your potential purchase, it will be recounted. It’s worth noting that this complimentary service requires no additional commitment. To get your Free Online Risk Report today, we ask that
Property buying 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 to miss
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
Modelo de declaración responsable a emitir para los trabajadores por cuenta ajena que no deban acogerse al permiso retribuido recuperable recogidoen el Real Decreto-ley 10/2020 En caso que los trabajadores por cuenta ajena NO deban acogerse al permiso retribuido, bien porque sus actividades son esenciales según el El Real Decreto-ley 10/2020, de 29 de marzo,
El 29 de marzo de 2020 se ha publicado en el BOE el Real Decreto-ley 10/2020, de 29 de marzo, por el que se regula un permiso retribuido recuperable para las personas trabajadoras por cuenta ajena que no presten servicios esenciales, con el fin de reducir la movilidad de la población en el contexto de
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