Nestled in the heart of the Balearic Islands, Mallorca is renowned not only for its vibrant coastal areas but also for its serene and picturesque countryside. For those seeking a peaceful retreat, the island’s country homes offer a unique blend of natural beauty, privacy, and authenticity. These properties, often set amidst rolling hills and lush farmland, provide a tranquil escape from the busy coastal areas while still offering convenient access to the island’s amenities. Mallorca’s countryside is a haven for those who value sustainable living, traditional architecture, and a connection to nature.
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Mallorca has become one of Europe’s most desirable destinations for international property buyers. With its Mediterranean lifestyle, excellent infrastructure, international schools, and strong property market, the island offers an exceptional combination of lifestyle and long-term value.
This guide explains everything you need to know when buying property in Mallorca as a non-resident.
Whether you are looking for a holiday home, a permanent residence or an investment, Mallorca offers long-term appeal.
Yes.
There are no restrictions for foreign buyers purchasing property in Mallorca, whether EU or non-EU citizens.
The process is transparent and well regulated, provided you work with experienced local professionals.
Location, property type, budget, lifestyle goals and investment objectives.
The NIE (Número de Identidad de Extranjero) is mandatory to buy property in Spain.
Your agent will shortlist suitable properties and organise viewings, on-site or remotely.
Once you find the right property, a reservation agreement is usually signed with a small deposit.
A private contract (Contrato de Arras) is signed and typically involves a 10% deposit.
The final deed (Escritura Pública) is signed before a Spanish notary and ownership is transferred.
Buyers should budget approximately 10–13% of the purchase price for costs and taxes.
Your advisor should provide a full cost breakdown in advance.
It is strongly recommended to work with an independent lawyer who will:
This is especially important in rural areas or when buying fincas or renovation projects.
Spanish banks offer mortgages to non-residents, typically up to 60–70% loan-to-value.
Requirements usually include:
Mortgage approval can be arranged before or during the buying process.
Mallorca offers a wide variety of locations depending on lifestyle preferences:
Choosing the right area is key and should align with your lifestyle and usage plans.
Mallorca remains a strong long-term investment market thanks to limited supply and high demand.
Important to note:
Professional advice is essential to ensure compliance and maximise returns.
Working with experienced local professionals helps avoid these pitfalls.
Buying property in Mallorca is straightforward when guided properly. A local expert will help you:
If you are considering buying property in Mallorca and would like professional guidance, our team is here to help you every step of the way.
Contact us for personalised advice and expert local knowledge.
Call now, send us a message on WhatsApp, or fill out the contact form, and we’ll get back to you as soon as possible.
