Buying in Mallorca: the basics
The essentials every international buyer asks before starting a property search in Mallorca.
Can foreigners buy property in Spain?
Yes. There are no restrictions on non-residents — from the EU or outside it — buying property in Spain, including in Mallorca. You have the same ownership rights as a Spanish national.
The only formality you need before completing is an NIE (a Spanish tax identification number), which we help you arrange.
Do I need to be in Spain to buy a property?
Not for the whole process. Viewings can start with video tours, and much of the paperwork is handled remotely.
If you cannot travel for the signing at the notary, you can give your lawyer power of attorney to sign on your behalf.
What is an NIE number and how do I get one?
The NIE (Número de Identidad de Extranjero) is your Spanish tax ID. You need it to buy property, open a bank account and pay taxes.
You can apply at a Spanish consulate in your country or in Spain. We coordinate it with your lawyer so it is ready in time for completion.
How long does it take to buy a property in Mallorca?
From an accepted offer to the keys, a typical purchase takes around 6 to 10 weeks. Cash purchases are at the faster end; mortgage purchases take longer.
The timeline depends on the legal checks, your financing and the seller's situation. We keep every party moving so it does not drift.
What is the difference between buying a resale and a new-build?
Resale homes pay Transfer Tax (ITP); new-builds bought from a developer pay VAT (IVA) plus stamp duty (AJD). The tax treatment and timelines differ.
New-builds may complete in stages with deposits during construction. We explain the guarantees and payment schedule before you commit.
Can I buy remotely with a power of attorney?
Yes. A power of attorney (poder notarial) lets your lawyer act for you — sign the deed, pay taxes, set up utilities — without you being present.
It is common for international buyers and can be arranged in your home country or in Spain.
