Real Estate Mallorca

Buy, rent and list – your real estate marketplace on the island

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Good to know

To buy property in Mallorca you need an NIE number (Número de Identificación de Extranjero). Budget for at least 10-13% in additional costs on top of the purchase price.

The property market in Mallorca is as diverse as the island itself. Whether you are looking for a sunny flat in Palma, a traditional finca in the countryside or a modern apartment on the coast, you will find current listings from private sellers and estate agents here.

Mallorca has attracted international buyers and tenants for decades. Demand is particularly high in the south-west (Andratx, Calvià), Palma and the north-east (Artà, Capdepera). Note that purchasing property requires an NIE number, and additional costs such as transfer tax (ITP), notary and registry fees apply. For rentals, Spanish tenancy law (Ley de Arrendamientos Urbanos) offers tenants substantial protection. Rental prices vary considerably by location and season – long-term lets in tourist areas can be difficult to find.

Browse the listings or advertise your property free of charge on mallorca.com – the marketplace for the island community.

Frequently Asked Questions

Do I need a NIE number to buy property in Mallorca?

Yes, the NIE (Número de Identificación de Extranjero) is mandatory for any property purchase in Spain. You can apply at the Policía Nacional in Palma or through the Spanish consulate in your home country. Processing takes 1-4 weeks.

What additional costs are involved when buying property in Mallorca?

Expect 10-13% in additional costs: ITP (transfer tax) 8-13% depending on the price, notary approx. 0.5-1%, land registry approx. 0.5%, and lawyer's fees approx. 1%. For new builds, 10% IVA (VAT) plus 1.5% AJD applies instead of ITP.

Can I rent a flat in Mallorca without a NIE as a foreigner?

Technically yes, you can rent with a passport. In practice, however, most landlords require a NIE number for the rental contract and the registration of utilities. Having a NIE significantly speeds up the process.

What is a Traspaso and how does a business transfer work in Mallorca?

A Traspaso is the takeover of an existing business including fittings, clientele, and often the premises lease. It is common in hospitality and retail. Always verify the Actividad licence, the existing lease, and any outstanding debts.

Do I need an ETV licence for holiday rentals in Mallorca?

Yes, holiday letting in Mallorca is only permitted with a valid ETV licence (Estancia Turística en Viviendas). Flats in multi-family buildings in Palma are generally excluded from licensing. Violations can result in fines of up to €40,000.

How much does a finca cost in Mallorca?

Finca prices in Mallorca vary widely: properties needing renovation start at around €400,000, while well-maintained country houses with a pool range from €800,000 to €2,000,000. Premium locations like Deià or Valldemossa command significantly higher prices. Factor in 10-13% additional costs and check the building permit (Cédula de Habitabilidad).

Can a foreigner rent a flat in Mallorca?

Yes, as an EU citizen you can easily rent a flat in Mallorca. You typically need a NIE number, an employment contract or proof of income, and a deposit of 1-2 months' rent. The rental market is tight, especially in Palma – expect €800-1,500 for a two-bedroom flat.

Real Estate Mallorca

Penthouse Mariluz

Luxury Penthouse in Palma

Finca with holiday rental license

FINCA CALA EN CRANC

Villa Marimont

Beautiful finca with 3 apartments and rental license at Cala Anguila

For sale: undevelopable land in Campos

building plot for sale in CAMPOS

Building land for sale in Ariany

Villa 150 meters from two beautiful beaches

Pico del Sol

Azzurro

Core renovated modern villa

Villa Can Gorbio

Finca Fogoneu

PUERTO BLANCO II

Unique finca in the village

Unique finca in Manacor

Penthouse "Eagle's Nest"

Villa of Superlatives

LUXURY APARTMENTS IN PALMA

Luxury Apartments Palma

White House

Property with project and license

Frequently Asked Questions