LEGAL ISSUES WHEN BUYING A PROPERTY IN MALLORCA

Legal issues when buying a property on Mallorca; As a first-time property buyer on Mallorca, you may be surprised by how different the legal process is in Spain compared to your home country. Once you have decided that you want to go ahead with a property purchase on Mallorca.1. Formal offer - An ‘option contract’ is the first step and usually requires you to pay 10% of the full purchase price in advance and commits both buyer and vendor to the sale.  2. Paperwork - An NIE tax number must be held by an overseas purchaser to buy a house, car or many other things. You will also need to provide certified copies of identification – usually your passport.3. Finance - If you are not a cash...
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When buying a property in Mallorca.

When buying a property in Mallorca. You need to be aware of the legal issues when buying a property in Mallorca. Consideration when buy a property in Mallorca, our advice is to get a  lawyer who can help you through the process. As a first-time property buyer in Mallorca, how different the legal process is in Mallorca compared to your home country. Offer; An ‘option contract’ is the first step and usually requires you to pay 10% of the purchase price in advance and commits both buyer and vendor to the sale.  If the buyer does not go through with the sale the deposit may be non-refundable.  If the vendor pulls out they usually have to refund the deposit plus another 10% of the purch...
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Why You Should Look Into Buying Property in Pollensa area, Mallorca.

Why You Should Look Into Buying Property in Pollensa area, Mallorca. The island of Mallorca lies in the Mediterranean Sea, just off the north-east coast of Spain. The island is blessed with stunning beaches, plenty of nature reserves as well as amenities like golf courses . Palma de Mallorca is the cosmopolitan city with the kind of cultural life that you would expect from one of Spain’s largest urban areas.The island also has an excellent infrastructure of agents and solicitors, as well as a secure business environment, which will smooth the way for foreign purchasers. There are some formalities to deal with, such as obtaining an NIE number. although this is just a matter of s...
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What Living Pollensa can do for you.

What Living Pollensa can do for you. BuyersBuying a quality home in Pollensa area, Mallorca has never been easier. We have an extensive list of lovely properties for sale in Pollensa, Puerto Pollensa and Cala san Vicente area, Mallorca. -We will spend as much time with you as you need, to find out exactly what you want, where you want to buy and how much you want to spend. -Match your requirements with properties in Pollensa area from our portfolio, giving you fully descriptive property information sheets with colour photos. Arrange escorted viewing visits. -Calculate your purchase taxes so you know exactly how much you will need and explain the legal process of buying property...
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