Taxes & Law for Property Ownership in Mallorca
All Taxes & Law for Property Ownership in Mallorca

Temporary rentals in Mallorca

Annual property taxes

Inheritance Tax Siblings

Buy privately or via S.L.

Comunidad Costs

Estate Settlement Costs

Exit tax Spain

Gift or inherit

Gift Tax

Home Insurance Spain

IBI Mallorca

IBI Reduction Mallorca

Inheritance & Gift

IRPF exemption on sale

Ecotasa Mallorca 2026

Wealth tax on property purchases

Deemed Personal Use Tax

Municipal Taxes Mallorca

Protection against okupas in Mallorca

Ongoing Costs

Pacto Sucesorio Balear in the Balearic Islands

Plusvalía municipal

Valor Catastral

Valor de Referencia

Wealth Tax Spain
Owning a property in Mallorca brings not only joy, but also tax and legal obligations — at the point of purchase, throughout ownership, and when passing it on. Many of these are more favourably regulated in the Balearic Islands than elsewhere in Spain.
In this section you will find well-researched guides covering property transfer tax, wealth tax, inheritance & gifts, and ongoing charges — all up to date for 2026.