The name of the island of Mallorca originates from the Latin: ‘Insula maior’ which means ‘the larger island’, that is in comparison to Menorca. About 170 kilometers from the Spanish mainland lies the island, which many people would like to call their home. Despite the Catalan and Spanish official languages, the island is also very well suited to German, as many services are offered by Germans who have already made Mallorca their home.
Buying a property in Mallorca means living a dream – whether it is a penthouse or an apartment. Engel & Völkers’ real estate brokers will be pleased to advise you on any questions you may have about purchasing a penthouse or apartment. But first we will tell you what you should consider when buying a property in Mallorca.
The most important first steps in the purchase of real estate in Mallorca
Whether you want to live here permanently or just want to spend part of the year in your property in Mallorca; You should definitely consider the surroundings. Your apartment or penthouse should not be too far away from schools and hospitals. The proximity to a village is also an advantage, as you can benefit from shopping and leisure options.
Before you move to your apartment in Mallorca, it is very important that you take care of your Spanish tax number and the registration form. Without the tax number, you can not open a bank account; You can not spend more than 90 days in Spain without the registration certificate. Once you have taken care of this, you will be able to move into your new penthouse in Mallorca. After the purchase of real estate, there are other aspects that need to be considered. This includes the insurance of your property, the expert guidance of a financial advisor, as well as the change of registration of your car.
You want to take the next step? We, your real estate agents at Engel & Völkers Mallorca, will be happy to advise you on the purchase of a property and will be glad to assist you with any questions. We look forward to your inquiry.