Frequently asked questions

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Useful tips For International Buyers

Important Tips For International Buyers - Know the Process here when buying in Spain

Useful tips For International Buyers

Before purchasing your perfect home here in Mallorca, we suggest that you are fully informed and have   received sufficient advice from  a reliable, independent lawyer who is specialised in the Spanish land and property law. Unless you speak fluent Spanish, you should find a lawyer speaking your mother tongue.

Contact us for a list of reputable Lawyers here on the island.

Before purchasing your perfect home here in Mallorca, we suggest that you are fully informed and have   received sufficient advice from  a reliable, independent lawyer who is specialised in the Spanish land and property law. Unless you speak fluent Spanish, you should find a lawyer speaking your mother tongue.

Contact us for a list of reputable Lawyers here on the island.

Before purchasing your perfect home here in Mallorca, we suggest that you are fully informed and have aware  received sufficient advice from  a reliable, independent lawyer who is specialised in Spanish land and property law. Unless you speak fluent Spanish, you should find a lawyer speaking your mother tongue. Contact us for a list of reputable Lawyers here on the island.

Before purchasing your perfect home here in Mallorca, we suggest that you are fully informed and have   received sufficient advice from  a reliable, independent lawyer who is specialised in the Spanish land and property law. Unless you speak fluent Spanish, you should find a lawyer speaking your mother tongue.

Contact us for a list of reputable Lawyers here on the island.

Get in touch with us - For anything you are unsure of 

Get in touch with us - For anything you are unsure of 

It is a unique tax identification number in Spain for anyone who isn’t a Spanish citizen. You will need your own NIE number to purchase property and pay necessary taxes! So it’s wise to apply for this as soon as you start looking for properties.
You can get it in person or via a third party. You can get it in Spain or in your home country at a Spanish Consulate. You need to ask one for your spouse as well if you buy together.

It is a unique tax identification number in Spain for anyone who isn’t a Spanish citizen. You will need your own NIE number to purchase property and pay necessary taxes! So it’s wise to apply for this as soon as you start looking for properties.

You can get it in person or via a third party. You can get it in Spain or in your home country at a Spanish Consulate. You need to ask one for your spouse as well if you buy together.

It is a unique tax identification number in Spain for anyone who isn’t a Spanish citizen. You will need your own NIE number to purchase property and pay necessary taxes! So it’s wise to apply for this as soon as you start looking for properties.
You can get it in person or via a third party. You can get it in Spain or in your home country at a Spanish Consulate. You need to ask one for your spouse as well if you buy together.

With your NIE and all your documents, it is easy to open a bank account in Spain

With your NIE and all your documents, it is easy to open a bank account in Spain.

With your NIE and all your documents, it is easy to open a bank account in Spain

If the answer is yes, it’s time to start working on it. Contact us for a reputable Mortgage company here on the island.
Once you have made a decision to purchase a property and your offer has been accepted, you will need to sign the Option Contract…

If the answer is yes, it’s time to start working on it. Contact us for a reputable Mortgage company here on the island.

If the answer is yes, it’s time to start working on it. Contact us for a reputable Mortgage company here on the island.
Once you have made a decision to purchase a property and your offer has been accepted, you will need to sign the Option Contract…

for signing the contract for the purchase of the property

At the completion stage, all parties connected with the selling and purchasing of the property must be in attendance to sign at the offices of Notaria Publica. This includes your lawyer, mortgage provider (if applicable) and the seller or their legal representative. Before signing you should ensure you have a thorough understanding of all the costs involved and have sufficient funds to cover payments, fees and taxes.

the land registry,  Registro de la Propriedad

the appropriate planning permission has been obtained

No outstanding debts attached to the property

The Community of owners documents’

The property is as described and structurally sound

for signing the contract for the purchase of the property

At the completion stage, all parties connected with the selling and purchasing of the property must be in attendance to sign at the offices of Notaria Publica. This includes your lawyer, mortgage provider (if applicable) and the seller or their legal representative. Before signing you should ensure you have a thorough understanding of all the costs involved and have sufficient funds to cover payments, fees and taxes.

Option contract – Contrato de opción de compra - With this type of a contract, you are required to pay the vendor an agreed amount, say 5% or 10% of the agreed price. The vendor is required to commit to sell the property to you at the price you've agreed upon, should you purchase the property within the agreed timeframe. OR The contrato de arras (earnest money contract)  a document whereby the buyer of a property delivers a certain amount of money to the seller to guarantee that it will honour its side of the contract, meaning the eventual purchase and sale.

This will Include all the Property Details along with the contracting Parties Details and the Option Price (usually 10% of the Purchase Price) This ensures the Property is removed from the market and is classed as a reservation Contract. The contract will include information such as deadlines for payments, the date due for transfer of ownership (day you visit the Notary) along with consequences for fulfilment as well as non fulfilment . By signing this agreement the vendor grants the purchase of the property.  Funds are held in escrow during 14 to 21 days where you will  have the time to do checks on the property during that period. At the same time, a purchase contract will be drawn up and legal checks carried out.

This contract is very important, don’t sign without including provisions so you can exit the contract.

At the completion stage, all parties connected with the selling and purchasing of the property must be in attendance to sign at the offices of Notaria Publica. This includes your lawyer, mortgage provider (if applicable) and the seller or their legal representative. Before signing you should ensure you have a thorough understanding of all the costs involved and have sufficient funds to cover payments, fees and taxes.

Option contract – Contrato de opción de compra - With this type of a contract, you are required to pay the vendor an agreed amount, say 5% or 10% of the agreed price. The vendor is required to commit to sell the property to you at the price you've agreed upon, should you purchase the property within the agreed timeframe. OR The contrato de arras (earnest money contract)  a document whereby the buyer of a property delivers a certain amount of money to the seller to guarantee that it will honour its side of the contract, meaning the eventual purchase and sale.

This will Include all the Property Details along with the contracting Parties Details and the Option Price (usually 10% of the Purchase Price) This ensures the Property is removed from the market and is classed as a reservation Contract. The contract will include information such as deadlines for payments, the date due for transfer of ownership (day you visit the Notary) along with consequences for fulfilment as well as non fulfilment . By signing this agreement the vendor grants the purchase of the property.  Funds are held in escrow during 14 to 21 days where you will  have the time to do checks on the property during that period. At the same time, a purchase contract will be drawn up and legal checks carried out.

This contract is very important, don’t sign without including provisions so you can exit the contract.

the land registry,  Registro de la Propriedad

the appropriate planning permission has been obtained

No outstanding debts attached to the property

The Community of owners documents’

The property is as described and structurally sound

Option contract – Contrato de opción de compra - With this type of a contract, you are required to pay the vendor an agreed amount, say 5% or 10% of the agreed price. The vendor is required to commit to sell the property to you at the price you've agreed upon, should you purchase the property within the agreed timeframe. OR The contrato de arras (earnest money contract)  a document whereby the buyer of a property delivers a certain amount of money to the seller to guarantee that it will honour its side of the contract, meaning the eventual purchase and sale.

This will Include all the Property Details along with the contracting Parties Details and the Option Price (usually 10% of the Purchase Price) This ensures the Property is removed from the market and is classed as a reservation Contract. The contract will include information such as deadlines for payments, the date due for transfer of ownership (day you visit the Notary) along with consequences for fulfilment as well as non fulfilment . By signing this agreement the vendor grants the purchase of the property.  Funds are held in escrow during 14 to 21 days where you will  have the time to do checks on the property during that period. At the same time, a purchase contract will be drawn up and legal checks carried out.

This contract is very important, don’t sign without including provisions so you can exit the contract.

the land registry,  Registro de la Propriedad

the appropriate planning permission has been obtained

No outstanding debts attached to the property

The Community of owners documents’

The property is as described and structurally sound