C/ Sindicat, 69, 10º
07002 Palma de Mallorca

Real estate lawyers for international clients in Mallorca.

Insights

Real estate law in Mallorca, explained

Articles by our lawyers on buying, selling, renting and inheriting property in Mallorca, and on the taxes that come with it.

June 13, 2024Legal Services5 min read
Understanding the New Rustic Land Law in Mallorca Introduction In May 2024, the Official State Gazette published Decree Law 3/2024, introducing an extraordinary mechanism for the legalisation of illegal… Read article
February 28, 2024Legal Services4 min read
Is it necessary to hire a lawyer to sell a property in Mallorca? How to Sell a Property in Spain Typically, it’s commonly believed that in the event of a property sale, the buyer, being the weaker party, seeks legal… Read article
February 28, 2024Legal Services4 min read
Mortgages in Spain for HNW and UHNW Buyers Purchasing a property in Spain as a second home has always been, is and will always be the dream of many foreigners, as it combines all the ideal… Read article
January 16, 2024Real Estate2 min read
The Importance of Hiring Property Management Services for Your Residences in Mallorca Second homes in Mallorca are a valuable investment and a retreat for those seeking to escape the hustle and stress of daily life. However, maintaining and… Read article
January 16, 2024Real Estate3 min read
Understanding the Land Value Increment Tax The Land Value Increment Tax (LVIT) is a levy on the increase in the value of urban land at the time of its transfer. It is a local tax applied in many… Read article
June 26, 2023Real Estate2 min read
Foreign Real Estate Investment in Mallorca: A Lucrative and Attractive Opportunity Mallorca, the jewel of the Mediterranean, has long captured the attention of foreign investors seeking lucrative opportunities in the real estate market.… Read article
June 26, 2023Real Estate2 min read
Coastal Law: Land near the sea in Mallorca Logically, the most sought after plots of land on the Islands are those near the sea. It is thought that there is a risk involved in their purchase, when, in… Read article
March 5, 2023Legal Services3 min read
Cadastral value, market value and reference value Knowing the value of a property is fundamental when you are willing to buy a property. The most relevant when buying a property are the cadastral value, the… Read article
January 9, 2023Real Estate7 min read
Taxation as of 2023 for non-residents Wealth tax and Solidarity Tax of Great Fortunes. At the end of December 2022, the dreaded “Great Fortunes Solidarity Tax” came into force in Spain, and the… Read article
November 28, 2022Legal Services1 min read
Fencing of Rural Properties One of the questions we are frequently asked by foreign clients is their right to fence or enclose their rural property. In this regard, our legislation is… Read article
September 12, 2022Legal Services5 min read
Inheritance tax in the Balearic Islands The Inheritance and Gift Tax is a tax ceded by the State to the autonomous community which is levied on increases in wealth (inheritance, legacy, donation… Read article
June 21, 2022Legal Services3 min read
Non-residents selling property in Spain Not remembering the Tax Office when selling a property is a very common mistake among foreigners with properties in Spain. The tax office plays a big role in… Read article
June 15, 2022Legal Services6 min read
33rd anniversary of Despacho Lamas After the 33rd anniversary of Despacho Lamas, we met with the founder, the lawyer who in 1989 decided to open what was then called Bufete Jaime Lamas, and… Read article
June 4, 2022Legal Services1 min read
Termination of the tenancy by the landlord We are often asked under what conditions a landlord of a property can terminate the lease before the end of the rental period if the tenant fulfils his… Read article
June 3, 2022Legal Services5 min read
Golden Visa Non-EU citizens can only stay in the country for a maximum of 90 days PER 180-day period. For those wishing to stay longer or even permanently, a residence… Read article
April 9, 2022Legal Services3 min read
Deposit contract, Different kind of deposit. One of the most important steps taken by seller and buyer, once they have reached an agreement on the price, and prior to the formalisation of the purchase… Read article
April 3, 2022Real Estate3 min read
Writing a property in Mallorca with a lower value: what legal consequences does it have? Collecting 200,000 euros for the sale of a property, but declaring that it cost 170,000 euros and collecting the rest as black money. Declaring a property to… Read article
February 23, 2022Legal Services4 min read
What do I have to consider as a landlord with regard to the new Housing Act? This week, an agreement was reached between the government partners on the new housing law. And although the agreement came late, PSOE and Unidas Podemos… Read article
February 23, 2022Real Estate4 min read
Renting as permanent, temporary or vacation housing: three options for the new housing law The implementation of the draft law on the right to housing prepared by the government and its partners, which aims to solve the problems of accessibility to… Read article
January 31, 2022Legal Services3 min read
What to consider before signing a mortgage Choosing a mortgage is one of the most tedious processes we go through when buying a house. The mortgage will be with us for a lifetime, so we must first of… Read article
January 31, 2022Legal Services3 min read
Do you want to move to Mallorca, Spain? How mortgages work for non-residents Many people decide to leave their country and move to Mallorca, Spain. According to the latest report from the Ministry of Inclusion, Social Security and… Read article
December 20, 2021Legal Services4 min read
The importance of expert lawyers in Real Estate Law If you are thinking of buying or selling a property, renting a flat or making an investment in real estate in Mallorca, it is important that you seek the… Read article
December 20, 2021Legal Services3 min read
The new capital gains tax in Spain: key points We talk about a tribute that generates many doubts and controversies. In this article, the professionals of the law firm, Despacho Lamas, located in Palma de… Read article
November 16, 2021Legal Services3 min read
How does rent-to-own work in Spain? Renting with a purchase option (rent-to-own) is an atypical contract, not contemplated by the Law and which is not expressly regulated in the Civil Code… Read article
November 16, 2021Legal Services3 min read
Does inheritance of bare real estate also mean ownership of the property? “Usufruсt” in Spain. The right to inherit real estate “Usufruct” in property ownership is the right to use and benefit from property without being the owner.… Read article
March 5, 2021Legal Services7 min read
Golden Visa In September 2013, the Spanish government passed a law to encourage foreigners to invest in Spain for residential purposes. The Golden Visa or Residencia por… Read article
October 15, 2020Covid2 min read
Coronavirus Part 2 – The legal situation Due to the economic paralysis in Spain as a result of the coronavirus, Despacho Lamas is preparing to share a daily article to help clarify any doubts that… Read article
October 15, 2020Covid2 min read
Coronavirus – The legal situation in the sale operations Due to the economic paralysis in Spain as a result of the coronavirus, Despacho Lamas is preparing to share a daily article to help clarify any doubts that… Read article

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C/ Sindicat, 69, 10º · 07002 Palma de Mallorca
+34 971 720 202