Buying Property in Mallorca as a Foreigner – Complete Guide 2026

Buying property in Mallorca is a well-established process for international clients. However, understanding the legal structure, costs, and local market dynamics is essential to making a secure and strategic acquisition.

Mallorca continues to attract buyers from across Europe due to its stability, lifestyle, and strong real estate market—especially in premium locations such as Pollença.

🌍 Can Foreigners Buy Property in Mallorca?

Yes. There are no restrictions for foreign buyers acquiring property in Spain.

International clients can purchase real estate freely, whether as a second residence, investment, or relocation.

📄 Key Steps in the Buying Process

1. NIE Number (Foreigner Identification Number)

Required for any legal or financial transaction in Spain.

2. Property Reservation

A reservation agreement is typically signed to secure the property.

3. Private Purchase Contract

A deposit (usually 10%) is paid at this stage.

4. Notary Completion

Final signing and transfer of ownership.

💰 Additional Costs to Consider

Buyers should account for:

• Transfer tax (ITP) or VAT (for new builds)

• Notary and legal fees

• Land registry costs

👉 Total additional costs are typically 10%–13% of the purchase price.

🔍 What International Buyers Should Know

• Local market knowledge is essential

• Off-market opportunities are common in premium areas

• Property quality and location strongly affect value

Many opportunities never reach public portals, which is why it's important to

explore luxury villas currently available in Pollença, including off-market properties.

📍 Why Pollença Is a Key Location

Pollença stands out due to:

• Limited supply of high-quality properties

• Strong demand from international buyers

• High long-term value

⚠️ Common Mistakes to Avoid

• Buying without independent advice

• Underestimating total costs

• Missing off-market opportunities

🤝 Work With a Local Expert

Navigating the Mallorca property market requires local insight and access.

👉 Request a private consultation and access to exclusive properties in Pollença.

Once you understand the buying process, the next step is to

explore the most exclusive areas in Pollença and identify the right location for your investment.