When buying a property in Mallorca.

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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