Mallorca: A Perfect Investment in Paradise

For sellers

If you are thinking about selling your house in Mallorca, MALLORCA AGENT – Luxury real estate will give you an overview to go through the process. The good news is, that careful preparation and smart decisions on your part can help speed up the process and help ensure a smooth transaction with no surprises.

Estate agent

Youre not obliged to use an estate agent, but it is highly recommend as estate agents like MALLORCA AGENT – Luxury real estate have a huge network of pre-registered clients, international marketing campaines are know the real estate market in Mallorca very well. They will give you a realistic valuation of your property and take care about the whole sales process so you even don‘t need to be on Mallorca.

A good starting point is to ask for recommendations from people you know who have used an estate agent recently. Look for someone with experience in the real estate business in Mallorca and a good knowledge about the local market and the specific areas.

Estate agents in Mallorca normally charge fees of 6% (plus IVA). The fee has to be paied by the seller.
There’s nothing to stop you using more than one estate agent, but if you go with more than one estate agent, make sure they all put the property on the market at the same price to avoid confusing buyers. Sometimes it makes sence to go with one professional and well connected agency like MALLORCA AGENT – Luxury real estate who is offer special services for excluisve properties and is cooperation with all the other agents in Mallorca.

To not hesitate to get in touch with us to know more about our exclusive listing service (ELS).

Spanish Property Tax (IBI)

It is a certificate that proves that you are up to date with your payment. The seller has the right to pass on to the buyer the portion proportional to the time that each of the parties has owned the house during the year in which the tax accrues.

Proof of payment of the Community fees

  • The manager / managing company of the building will give you a certificate of payment of the communal fees one day before the notary.
  • The latest paid bills
  • Electricity, gas, water, etc. are important for the new owner to change everything into his name.