Buying in Mallorca – what you need to know if you want to buy a property in Mallorca.
Mallorca real estate as a second home is trendy. Especially among DAX board members, it is now considered good manners to have your own villa on Mallorca and to inaugurate it with a fantastic party. Most board members won’t need to read this article, after all they pay consultants. Of course they are welcome to read this article. And everyone else, managing directors of companies and the self-employed, executives and retirees, can use our checklist to manage their property purchase themselves with a clear conscience.
But first of all it is about finding the right property. My recommendation: you would do well to watch YouTube videos before you start buying in Mallorca. It’s all about getting a feel for prices and locations. There are cheap Mallorca properties to buy, but also really expensive locations.
As soon as you know what you really want, you should start looking for the right property. There are local brokers and portals where real estate is offered.
Buying in Mallorca: brokers, portals, idealista
There are hundreds of brokers selling properties on the island. Among them there are absolute experts, dream dancers and unfortunately also criminals. There is a brokerage profession, the API association, but it is not compulsory to be a member of this association. And there is no mandatory training that a broker would have to show. In short: anyone can broker real estate on Mallorca.
In addition to brokers, there are also portals where real estate is offered. From brokers, but also from private individuals. In my opinion, the most important portal, the portal with the most Mallorca properties, is Idealista .