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.
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.
The answers you need along the real estate path.
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.
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.
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 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
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.