Mallorca Wine Renaissance
Mallorca has experienced an impressive wine renaissance in recent decades. Some wineries have stood out in particular – through tradition, quality, architecture or international renown. Here are the best known: 1st Bodega José L. Ferrer (Binissalem) Why known: Oldest and most traditional large winery on the island (founded in 1931).Special features: 2nd Bodega Macià Batle […]
Conversions in Spanish condominiums: rights and limits under Article 15
The Spanish Condominium Act stipulates exactly when owners may make changes to their apartments without informing the community of owners. Article 15 of the law creates clear rules: It determines which work owners can carry out independently in order to preserve their freedom of choice without compromising the rights or welfare of the community. According […]
Beckham Law: Fixed tax rate of 24% for emigrants to Spain
Moving to Spain can be worthwhile from a tax perspective – especially for employees and managing directors. Anyone who moves to Spain to work can pay tax on their income over five years as a so-called “non-resident” at a flat tax rate of 24% . This regulation, originally known as the Beckham Law, was introduced […]
5 rules for selling real estate
Here are 5 important rules for selling property in Mallorca that can help you to sell legally safely and successfully: 1. only work with reputable brokers There are many estate agents in Mallorca – but not all of them are professional: 2. legal certainty through complete documentation Work with us to ensure that all documents […]
5 rules for buying real estate in Mallorca
1. legal examination of the property (due diligence) 2. plan for financing and ancillary costs 3. know your taxes and obligations as an owner 4. choose the location with a vision 5. apply for an NIE number
New NRA system in Spain and Mallorca (Número de Registro de Alquiler) – Overview
Introduction and objectivesA new registration system for short-term rentals has been in force in Spain since January 2, 2025: the Número de Registro de Alquiler (NRA). Full application will be mandatory from July 1, 2025. With this measure, Spain is the first EU country to implement EU Regulation 2024/1028, which provides for uniform rules for […]
New Eviction Law Enters into Force
Faster Eviction of Illegally Occupied Properties in Spain Illegal squatting of houses in Mallorca and throughout Spain can now be ended more quickly. On April 3, a legislative amendment came into effect that allows the forcible eviction of occupied residential and commercial properties within approximately 15 days. Previously, such procedures could take several years. Accelerated […]
Spain Makes Property Purchase Harder for Non-EU Foreigners with Drastic Tax
The acquisition of real estate in Spain – including Mallorca – will become significantly more complicated for citizens from non-EU countries in the future. Prime Minister Pedro Sánchez (PSOE) announced in Madrid on Monday that property purchases by non-resident non-EU foreigners would be considerably restricted. “We have decided to regulate the acquisition of real estate […]
Last chance: Golden Visa in Spain and Mallorca ends in 2025
Since 2013, the Golden Visa has offered international investors the opportunity to obtain a residence permit in Spain in return for significant investment. With over 14,500 visas issued to date, this program has made Spain an attractive destination for non-EU nationals looking to invest in both real estate and other strategic sectors. The program is […]
The New Real Estate Register of the Balearic Islands (“ROAIIB”)
Through the introduction of a mandatory real estate register, known as the Registro de Agentes Inmobiliarios de las Islas Baleares (ROAIIB), real estate agents are required to prove their qualifications and professional suitability in order to register. With this, the Balearic government aims to exclude so-called “amateur agents” and better protect both buyers and owners. […]
