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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