Introduction to Luxury Living in Mallorca
Mallorca, the pearl of the Balearic Islands, is not only a holiday paradise but also a coveted place for exclusive living. With “Mallorca Diamond Real Estate,” you dive into the world of luxury real estate on this sun-drenched island. Discover how you can find your dream home in one of Europe’s most sought-after locations.
Real Estate Mallorca
The Fascination of Mallorca
Mallorca enchants with its unique combination of Mediterranean flair, breathtaking nature, and a rich cultural life. The island offers an incomparable quality of life marked by sunny beaches, picturesque landscapes, and a vibrant capital.
Palma de Mallorca: The Heart of the Island
The capital, Palma, is the lively center of the island. With its historical sights, modern boutiques, and exquisite dining options, it forms the perfect setting for a luxurious lifestyle.
Exclusive Residential Areas: Son Vida, Santa Ponsa, Port Andratx
“Mallorca Diamond Real Estate” offers access to the most exclusive residential areas of Mallorca. Whether you’re seeking proximity to the vibrant capital Palma in Son Vida, prefer the maritime flair in Port Andratx, or long for the idyllic tranquility in Santa Ponsa – we have the right property for you.
Buy a Villa in Mallorca
Luxury Villas for the Highest Demands
Discover our selection of magnificent villas that impress with their location, facilities, and architecture. From modern design villas to traditional fincas – each property promises an extraordinary living experience.
Living in a Mallorca Villa
Living in a villa in Mallorca offers not only privacy and comfort but also the opportunity to enjoy Mediterranean life to the fullest. Spacious terraces, private pools, and breathtaking views are just some of the highlights awaiting you.
Buy an Apartment in Mallorca
Modern Apartments in Prime Locations
Our selection of luxury apartments includes penthouse apartments with spectacular views and exclusive apartments in Mallorca’s most sought-after areas. Each property offers a high standard of comfort and amenities.
Advantages of an Apartment in Mallorca
Owning an apartment in Mallorca means investing in a property with potential for appreciation in value. Additionally, you enjoy flexibility in use – whether as a holiday home, second residence, or rental property.
Buy a Finca in Mallorca
The Charm of Mallorcan Fincas
Fincas embody the traditional Mallorcan style and offer an authentic living feeling. Whether newly built or lovingly renovated – a finca in Mallorca is a refuge for those who appreciate peace and nature.
Quality of Life in a Finca
A finca in Mallorca offers much more than just living space. It is a place of relaxation and enjoyment, surrounded by the natural beauty of the island. Terraces, gardens, and pools create an inviting atmosphere for family and friends.
Buy Real Estate in Mallorca with Mallorca Diamond Real Estate
Your Partner for Luxury Real Estate
As your competent partner, “Mallorca Diamond Real Estate” stands by your side to find the perfect property in Mallorca. Our expertise and network guarantee a smooth process and satisfaction at the highest level.
Investing in Mallorca
Buying a property in Mallorca is a decision for quality of life and a worthwhile investment. We provide comprehensive advice on your options and accompany you on the way to your dream home.
FAQs on Real Estate in Mallorca
What regions in Mallorca are particularly sought after?
The demand is mainly concentrated on exclusive areas such as Son Vida, Santa Ponsa, and Port Andratx. These regions offer a combination of breathtaking landscapes, exclusive living options, and excellent infrastructure.
How is the commission structured when renting a property?
When renting a property in Mallorca, a commission usually amounting to two months’ rent plus 21% VAT is typically borne by the tenant.
What does the mediation cost when buying a property?
The commission for a real estate sale typically ranges between 5 and 6%. Here in Spain, the seller pays the commission.
Why should I hire a broker?
A broker brings extensive market knowledge, negotiation experience, and a broad network, which can significantly simplify and improve the buying or selling process.
How is the value of my property determined?
The market value of a property is determined by a professional appraisal that considers location, condition, facilities, and current market trends.
What additional costs are incurred when buying real estate in Mallorca?
Additional purchase costs typically include property transfer tax, notary, and land registry fees, and possibly the broker’s commission.
What costs are incurred when selling my property?
When selling, costs typically include fees for the broker, notary, and possible taxes, which depend on the sale price.
What are the annual maintenance costs for a property in Mallorca?
Annual costs include property tax, insurance, community fees (for residential complexes), and possibly costs for maintenance and care.
What is an option contract?
An option contract gives the buyer the right to purchase the property at a predetermined price within a specified period.
What documents are required when buying a property?
The required documents typically include a valid ID, the NIE number (Spanish tax number), current land register extracts, and possibly the community statutes.
Can I buy without a habitability certificate?
Buying without a habitability certificate is possible, but it carries risks and can limit the use of the property.
How long does the buying process take?
The buying process can take several weeks to months, depending on the availability of documents and processing.
What should I know about mortgages in Spain?
For a mortgage in Spain, you generally need a steady income, sufficient equity, and a positive credit check.
How much equity is needed for the purchase?
The required equity varies, but typically at least 20-30% of the purchase price plus the additional purchase costs are necessary.
Does Mallorca Diamond Real Estate also offer rental properties?
Yes, we offer a selection of exclusive rental properties for long-term or seasonal rentals.
What is the difference between long-term rental and short-term rental?
Long-term rentals refer to rental agreements of one year or longer, while short-term rentals are intended for holiday rentals or temporary stays.
What do I need to consider for holiday rentals?
A license is required for holiday rentals, which may have different requirements depending on the region.
Who takes care of my property when I am not there?
We offer comprehensive management services that ensure the care of your property in your absence.
Is a building permit required for renovations?
Yes, a building permit is generally required for extensive renovations or conversions.
When do you qualify as a resident in Spain?
You qualify as a resident in Spain if you spend more than 183 days per year in the country.
Do I need to file a tax return as a non-resident?
Yes, non-residents owning property in Spain are required to file a tax return.
How are real estate prices developing?
Real estate prices in Mallorca are showing an upward trend, influenced by high demand and limited supply.
How expensive is a finca in Mallorca?
Prices for fincas vary greatly depending on location, size, and equipment. Individual consultation helps to find the right object.
How high is the property tax in Mallorca?
The property tax (IBI) depends on the municipality, the size, and the value of the property and therefore varies.
