Mallorca is one of the most popular destinations in Spain for foreign property buyers — from retirees and second-home seekers to investors. But buying real estate here as a foreigner involves several legal steps, and failing to follow them can lead to delays or unexpected taxes.
At Borderless Lawyers, we help foreign clients buy property in Mallorca smoothly, safely, and with full legal protection.
📋 Step-by-Step: Buying Process in Mallorca
Here’s how foreign buyers legally acquire property in Mallorca:
1. Get a Spanish NIE (Foreigner Tax Number)
Required to pay taxes and sign contracts.
2. Open a Spanish bank account
Needed for transfers, utilities, and payments.
3. Hire an independent lawyer
Avoid relying on estate agents or seller’s representatives. We protect your interests.
4. Conduct full due diligence
Verify ownership, debts, planning permission, and legality of the property.
5. Sign the arras contract
A 10% deposit agreement that locks in the purchase (make sure it’s lawyer-reviewed).
6. Complete at the notary
You or your lawyer (via POA) sign the public deed and pay taxes.
7. Register the property
Update Land Registry and pay any local fees.
💰 What Are the Costs for Foreign Buyers?
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Transfer Tax (ITP): 8–11% (resale)
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VAT + Stamp Duty: 10% + 1.5% (new build)
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Notary + Registry: €1,000–€2,000
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Legal Fees: Usually 1% of property price
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Ongoing Taxes: IBI, non-resident tax, plusvalía (if reselling)
✅ We provide a full tax estimate before you commit.
✈️ Can I Buy Remotely?
Yes. You can buy property in Mallorca without traveling by giving us Power of Attorney. We handle:
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NIE
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Bank setup
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Due diligence
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Contracts
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Notary signing
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Registration
This is especially useful for high-demand properties where speed is essential.
📍 Mallorca Property Types
Foreign buyers typically purchase:
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Villas in Sóller, Andratx, or Deià
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Seafront apartments in Palma or Portixol
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Country homes (fincas) inland (be careful with rustic zoning)
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New developments on the east and north coasts
We help you understand the legal status and zoning for each type.
💬 Final Word
Buying property in Mallorca as a foreigner is perfectly legal — but the process is complex and different from your home country. With legal due diligence, tax planning, and proper contracts, you can buy with confidence.
At Borderless Lawyers, we’ve helped hundreds of international buyers safely purchase homes in Mallorca.
📞 Contact us today to start your property purchase with full legal protection.