Why Casas Mallorca?

We are defined by expertise and service.

You will benefit in our every action that is built upon 25 years of experience in selling and developing fine Real Estate in Sóller, Deià, Fornalutx and throughout the Tramontana Region in Mallorca.

Resulting in your overall well-being whilst in the process of buying or selling with us.

Enabling us to implement value and time-saving strategies for you.

Providing everything you need for a smooth process from “initial impulse to closing”.

We have all the Professionals at hand you need to create the space you desire.

Image of Casas Mallorca tramontana coast sea view

Casas Mallorca looks to donate part of its Commission to environmental and social projects in our immediate surrounding knowing that sharing is caring and a healthy community and environment is our responsibility! So, working with us means you engage in a positive manner with this community, actively helping it to flourish in all of its places.

We thank the team of Casas Mallorca for the incredible support in the search for our dream house on Mallorca...
Anna & Martin B.

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.

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.

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.

What are the additional costs that I as a buyer have to pay?

Notary FeesApprox. 0.1% - 0.2% of the purchase price
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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.