Our Services
The Real Estateone-stop solution.
Aside from using our combined expertise to assist you with buying or selling a property, we also take away the pain of dealing with the arduous aspects of house sale and purchase. For example, we can assist with island wide trusted connections such as banks, lawyers, notaries, local authorities and amenities.
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We have a strong expertise on the local Market.
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We tailor our services to your vision, ideas and needs.
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We provide a direct, efficient and time saving experience.
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We cherish open talk to minimise any misunderstanding.
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We listen carefully in order to notice what has not been said.
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We can arrange your renovation project from start to finish.
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We protect your information to make our relationship safe.
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We create a comfortable and collaborative environment.
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We make sure you feel at ease by doing business with us.
Our philosophy is to offer you, the client, an all-embracing service. We operate with complete transparency and efficiency in order to get deals completed in the quickest possible time while ensuring that accuracy is given the utmost priority. As they say, the devil is in the detail.
Need help with your real estate project in Mallorca?
Get in touch with us
Our local Partners
We work with the best professionals in the estate industry.
DUO
Arquitectos Interiores
Mariano Barceló
Arquitecto
Bufete Morell
Abogados
Rotger Consulting
Financial Services
Iván Angoitia García
Notary
Bellevue
Real Estate Magazine
ABC Mallorca
Lifestyle Magazine
Luis Palmer
Lawyer
Ally
Art Estate Mallorca
Pau Noguera
Fontanero
Baerz & Co
Luxury Homes
Dezea Studio
Digital Realty Specialist
It couldn't have gone better; we love our holiday paradise in Biniaraix and feel very comfortable there...
Silke from Hamburg
Frequently asked questions
The answers you need along the real estate path.
Can I rent my property out on portals like Airbnb?
Only If you have an official permit to do so. To obtain such a permit certain conditions need to be met and if you own an Apartment in a condominium, the community must agree to that. The area your Property is located in is a crucial point, also if it is your 1st residency, a whole house or just an Apartment.
There have been major restrictions and new regulations so the best thing to do is to ask your Lawyer of choice to look into the matter. We can certainly help in applying for these Permits. Long term rental dedicated for locals or residents is never a problem though and a standard rental contract is usually enough.
There have been major restrictions and new regulations so the best thing to do is to ask your Lawyer of choice to look into the matter. We can certainly help in applying for these Permits. Long term rental dedicated for locals or residents is never a problem though and a standard rental contract is usually enough.
N.I.E number? What is this? What is it for? How do I apply?
A NIE Number is an Identification number for people that are not Spanish citizens. It´s not a fiscal residency identification as you could be fiscal resident abroad and still have a Spanish NIE number. It is mainly needed to file taxes, buy property or open a bank account as well as establishing your own business.
It is one of the first things you should apply for if you are buying property. Lawyers and Gestorias can help you this. You will need it for the signing of the purchase deed. You can also apply Online or at your country’s Spanish embassy/consulate. Costs are around 150 € per issued NIE.
It is one of the first things you should apply for if you are buying property. Lawyers and Gestorias can help you this. You will need it for the signing of the purchase deed. You can also apply Online or at your country’s Spanish embassy/consulate. Costs are around 150 € per issued NIE.
What are the costs that I have to take into account that are added on top of the agreed purchase price?
The following should always be considered!
Property Transfer Tax (ITP or Impuestos sobre Transmisiones Patrimoniales)Sale of second-hand real estate or subsequent transmissions
9% - 11% on a scale depending on the purchase price.
Value Added Tax10% applicable only for properties of new construction and first transmission.
Other Real Estate Objects21% - Garages, warehouses, etc.
Property Transfer Tax (ITP or Impuestos sobre Transmisiones Patrimoniales)Sale of second-hand real estate or subsequent transmissions
9% - 11% on a scale depending on the purchase price.
Value Added Tax10% applicable only for properties of new construction and first transmission.
Other Real Estate Objects21% - Garages, warehouses, etc.
What are the additional costs that I as a buyer have to pay?
Notary FeesApprox. 0.1% - 0.2% of the purchase price
Property Registry FeesMax. 0.5% of purchase price, but usually between 0.1% - 0.2%.
Gestoría FeesBetween 200 € - 500 €
Stamp duty / AJD (Impuesto of Actos Jurídicos Documentados)Between 0.5% - 1.5% of the purchase price
Solicitor's fees0.5% - 1.5% of the purchase price
Tax consultant
For annual income and wealth tax returns.
Wealth tax allowance currently €700.000 per person.
This information is subject to change. As non-lawyers and tax consultants we cannot accept any liability for this.
Property Registry FeesMax. 0.5% of purchase price, but usually between 0.1% - 0.2%.
Gestoría FeesBetween 200 € - 500 €
Stamp duty / AJD (Impuesto of Actos Jurídicos Documentados)Between 0.5% - 1.5% of the purchase price
Solicitor's fees0.5% - 1.5% of the purchase price
Tax consultant
For annual income and wealth tax returns.
Wealth tax allowance currently €700.000 per person.
This information is subject to change. As non-lawyers and tax consultants we cannot accept any liability for this.
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