Mallorca.com

Real Estate & Living in Mallorca

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The Mallorca real estate market remains a seller's market in 2026 — median price per square metre in the south-west prime areas (Andratx, Calvià, Bendinat) and the north (Pollença, Port d'Andratx) sits at 7,000–14,000 EUR, in the island centre (Llucmajor, Algaida, Sineu) at 2,500–4,500 EUR. Anyone buying, selling, managing or renting here needs a bilingual specialist agency: contract details, tax structures and holiday let licence rules are complex and change frequently.

The sector covers six sub-categories: estate agents (sale, long-term rental), property management (community management under LPH, single-property management), holiday rental agencies (ETV licence, booking management, on-island concierge), architects (new build, renovation, existing-stock planning), interior designers (interior, furniture, lighting) and developers (project development, new-build marketing).

Mallorca-specific points: on purchase, ITP (transfer tax) applies in tiers of 8–13% by price (Balearic Islands, 2026 status). Rental is only legal with an ETV licence — apartment licences in Palma, Sóller, Andratx and many northern municipalities have been frozen for years; rural-land fincas still see quota releases. Owners associations (Comunidades de Propietarios) are governed by the Ley de Propiedad Horizontal — annual general meeting, quorum and majorities defined. The Cédula de Habitabilidad is the precondition for water, power and rental contracts and renews every ten years.

The sub-categories are linked below. Buyers should approach two to three agents in parallel — exclusive mandates are uncommon on Mallorca. ETV hosts should book agency and concierge before the season; owners associations typically replace their administrator at the spring general meeting.

Frequently Asked Questions

Which disciplines does Real Estate & Living cover?
Six sub-categories: estate agents (sales and long-term rental), property management (Comunidades de Propietarios, single units), holiday rental (ETV licence, concierge, cleaning), architects (new build, renovation, planning), interior designers (interior design, furniture, lighting) and developers (promotoras, new-build projects).
What are the total transaction costs on a Mallorca purchase?
From a private seller, ITP applies in tiers: roughly 8% (up to 400,000 EUR), 9% (400k–600k), 10% (600k–1m), 12% (1m–2m), 13% (above 2m) — see ATIB Baleares for the current rates. From a developer, 10% VAT plus 1.5% AJD. Add notary (600–1,500 EUR), land registry (400–800 EUR) and lawyer (1–1.5% of price). Rule of thumb: budget 12–15% in additional costs on top of the purchase price.
Do I need an ETV licence to rent out my apartment short-term?
Yes — short-term holiday rentals (less than 31 days) on Mallorca are only legal with an ETV licence (Estancias Turísticas en Viviendas). Fines for illegal rental have been raised repeatedly in recent CAIB decrees and can now reach six-figure amounts depending on the offence — exact bands change frequently, so verify current figures with the Consell de Mallorca before signing anything. New apartment ETV licences in Palma, Sóller, Andratx and many northern municipalities have been frozen for years; second-hand licences trade for 30,000–100,000 EUR. Rural-land fincas still see quota releases.
How do I switch the property administrator?
The switch is made by majority vote of the owners association (Comunidad de Propietarios) at the annual general meeting. A simple majority is sufficient, calculated under the Ley de Propiedad Horizontal (votes weighted by Cuota de Participación). The new administrator must be a registered Administrador de Fincas Colegiado in Spain. Handover typically runs 30–60 days; accounts, insurance and contracts are documented via the notary or formal handover.
What does an architect cost for a finca renovation?
Architect fees on Mallorca follow the COAIB scale and run 7–12% of construction cost for a complete project (LP1–LP6: pre-design, execution drawings, site supervision, handover). Supervision only without design runs 3–5%. On a 300,000 EUR renovation, expect 21,000–36,000 EUR for the architect plus 3,000–5,000 EUR for separate structural, building physics and fire safety engineers.
How do I find English-speaking agents or architects?
The Languages field on each listing shows spoken languages — DE, EN, ES, CA. The filter at the top of the list narrows directly by language. In the prime areas (Andratx, Calvià, Pollença, west Palma), density of English-speaking agents and architects is particularly high; the island centre typically requires Spanish or English. Review language often gives away the client base — English-speaking customers tend to leave English reviews.