Top 10 Mistakes When Buying Property in Mallorca
Buying a property in Mallorca is a dream for many – the sun, the sea, the vibrant culture. However, this dream can turn into a costly experience if you overlook crucial details. In this article, we reveal the top 10 mistakes buyers make and how you can avoid them with confidence and ease.
Always verify who the actual owner is and whether the seller is legally authorized to sell. Request the updated land registry extract (Nota Simple).
Besides the purchase price, taxes, notary fees, legal services, and agent commissions can add 10–15% to the cost. Plan accordingly.
Avoid signing anything without a qualified real estate lawyer. Language barriers and unfamiliar laws can be tricky – don't take risks.
Especially for rustic properties, zoning rules and building permissions can be complex. Illegal extensions can lead to hefty fines or demolition.
Take your time. A dream property can quickly become a nightmare if you skip due diligence. Compare, inspect, and take advice.
Check access roads, water and electricity connections, internet availability, and public services. Especially important in rural areas.
"The pool will be legalized soon" or "You can rent it out easily" – always get it in writing. What’s not in the contract doesn’t count.
If buying in a residential complex, ask about community statutes, fees, and rules. Some even prohibit short-term rentals or pets.
Outstanding utility bills, mortgages, or liens can transfer to the new owner. A lawyer will help clarify everything before signing.
Especially in older houses, hidden defects can be costly. Hire an architect or building engineer to assess the condition.
Conclusion: Smart Buyers Buy With Confidence
Every real estate purchase comes with risks, but informed decisions can protect you from unpleasant surprises. Rely on experienced agents, lawyers, and technical advisors to make your purchase in Mallorca secure, relaxed, and successful.
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