International Schools Mallorca
When buying a property in Mallorca, the choice of school often plays a major role and therefore often determines the location of the new home. There are various international schools on Mallorca that offer different curricula and languages. Here are some of the best known and most popular international schools on the island: These schools […]
Mallorca Markets
Mallorca offers a variety of beautiful markets spread across the island, offering a wide range of products from fresh fruits and vegetables to handmade crafts. Here are some of the most well-known and popular markets: These markets are an integral part of life in Mallorca and offer an excellent opportunity to discover local products, experience […]
NIE Number
In Spain, the “Número de Identificación de Extranjero” (NIE) is an identification number for foreigners who live, work, or have other connections to Spain, such as wanting to purchase property there. It is comparable to the tax or social security number in other countries and is issued by the Spanish police. Here are the key […]
New Broker Law in Mallorca!
Many in the real estate industry in Mallorca had already given up hope that the planned regulation of brokers in the Balearic Islands would ever be implemented. However, now, with the passing of the emergency law to combat the housing crisis on Tuesday (16.4.2024), the regulation is actually being introduced. This comes after four years […]
New legal situation: Illegal rural properties in Mallorca to be legalized retroactively!
After lengthy debates and thorough legal reviews, the government of Mallorca has decided to introduce a new regulation for the legalization of illegal properties in rural areas or parts of existing properties on the island. This groundbreaking measure is intended to benefit the owners of illegally constructed buildings, local authorities, and the entire community. The […]
Golf: More than just a sport – A passion that connects!
Mallorca is not only known for its beautiful houses and apartments, which you can find in our portfolio, but also for its breathtaking landscape, rich culture, and stunning beaches. But besides these attractions, the island also offers some of the best golf courses in Europe. Golf enthusiasts from all over the world flock to Mallorca […]
Modern Real Estate Marketing in Mallorca – Information for Sellers
This year, too, we will work with full manpower to successfully sell your property in Mallorca. To do this as effectively as possible, we would like to sensitise you to the topic of modern real estate marketing and to how the search and buying behavior of customers has changed over the last few years, and […]
Significant Increase in the Tax Allowance for Wealth Tax on Mallorca
Significant Increase in the Tax Allowance for Wealth Tax on MallorcaThe Balearic government is raising the tax allowance for wealth tax on Mallorca and the neighboring islands from 700,000 euros to three million euros. This adjustment aligns the allowance for this regional tax with that of the Spanish “wealth tax,” resulting in assets up to […]
The Additional Purchase Costs When Buying Real Estate in Mallorca
When buying property on Mallorca, it’s especially important to consider and calculate the acquisition taxes, namely the property transfer tax or value-added tax, and the stamp duty. More on this below in the text.In addition to the acquisition taxes, there are other additional purchase costs such as for the notary, land registry, gestoría, and possibly […]
Patron Saint Festivals in Mallorca
In Mallorca, numerous patron saint festivals are celebrated, often closely linked to the religious traditions of the island and local Mallorcan customs. These festivals are highlights for tourists and visitors from other countries, and a visit to these celebrations is always worthwhile. Here are some of the most important patron saint festivals in Mallorca: This […]