Buying in Paradise Comes With Legal Risks Palma de Mallorca is one of the most attractive property markets in Spain — but for foreigners unfamiliar with Spanish real estate law, it’s also full of legal traps. Common issues include: Contracts that favor sellers or agents Properties with hidden debts or planning violations Underestimated taxes and […]

What to Know About Selling, Inheriting, or Gifting Property in Palma If you’re a foreigner who owns real estate in Palma de Mallorca, understanding how to sell, transfer, or pass on your property is essential. You may face: Spanish taxes on the sale Gift tax if transferring to family Inheritance procedures for non-resident heirs Risks

In Palma, foreign buyers should expect to pay around 10%–13% on top of the sale price in taxes and fees. Many overlook these hidden costs and end up underbudgeting. This guide breaks down: Taxes on new vs. resale properties Notary and registration fees Ongoing property taxes Hidden and surprise costs 🏠 Main Property Taxes in

What Is Conveyancing in Spain? Conveyancing refers to the legal process of transferring property ownership from the seller to the buyer. In Spain, this process is not automatically handled by a solicitor, so foreign buyers must appoint their own independent lawyer. Borderless Lawyers provides fully bilingual conveyancing services in Palma — in person or remotely.

Why Foreigners Love Buying in Palma de Mallorca Palma de Mallorca, the Balearic capital, is a magnet for international buyers thanks to: 🌊 Mediterranean views and beach lifestyle 🛩️ Direct flights across Europe year-round 🏛️ Historic architecture and charming Old Town 🏡 Villas, apartments, and fincas for every budget 💼 Popularity among retirees, digital nomads,