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Comprehensive Property Buying Guide

  • May 5, 2020
  • 2 min read

Updated: Jan 20


Buying a property in Spain should not be approached frivolously. It is a big investment in time and money, and the result is likely to have a significant impact on your life. Here are the most important topics to get you started with buying your holiday home in Mallorca to make sure you have a speedy and stress-free buying process. We have also included a few aspects of owning and selling a property in Mallorca.


Buying a property


Set up a useful document to understand and prioritise your requirements based on your motivation and circumstances to guide towards a successful property search.


Create a detailed document with the property characteristics, location and usage to share with property finders and estate agents.


The arrangements you need to take to move effectively through the buying process.


The single most important advice in the buying process and what points to take into account to get the right lawyer.


A specialist form of insurance for protection against accidental damage and public liability protection.


Why open en foreign exchange trading account at an early stage in the buying process.


To make sure you can move with speed and without haste when you find the property you want to buy.


Get your Spanish identity number in time for a stress free buying process.


You will need to have a bank account in Spain for your purchase and on-going payments.


Making a decision to find the best property on the market, due diligence and legal formalities before coming to a buying agreement.


In this article, you find the costs, fees, and taxes over and above the property price.


Owning a Holiday Home


Taxes, fees and insurance while owning a property in Mallorca.


All you need to know on the holiday rental license (ETV) in Mallorca.


Selling a property in Mallorca


The costs, fees and energy certification when selling a property in Mallorca.


All the information you need on the mandatory energy certificate.


Morgan and Morgan can guide you through the process of buying a property in Mallorca. Get in contact for more information.

 
 
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Begin your property search with confidence

For over two decades, the Morgan & Morgan team has helped discerning clients discover Mallorca’s most exceptional homes. With a deep understanding of the island’s regions, property market, and lifestyle, we provide trusted guidance at every step.

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