Welcome to Reiderstad Invest Mallorca's exclusive blog, your ultimate guide to Mallorca's property market & more. Our blog covers everything you need to know about the island, the buying and selling process in Mallorca and how to navigate the dynamic property market. Stay up to date and make smart decisions with our expert knowledge and insight.
What’s the true cost of buying and owning property in Mallorca? The true cost of buying property in Mallorca goes far beyond the purchase price. Buyers should budget an additional 10–15% of the property’s value to cover taxes like ITP (up to 13%) or VAT + stamp duty (up to 11.5%) on new builds, plus […]
Affordability: Everyday costs like housing, groceries, and childcare are often much lower than in US cities. Nature: Beaches, mountains, and outdoor activities are right on your doorstep. Wellness: The Mediterranean diet, fresh air, and relaxed pace support a healthier lifestyle. Real Estate: Strong property market growth offers great long-term value. Food: Fresh, local markets and […]
Key Highlights Many buyers overpay by stretching their budget too far. Some choose the wrong area for long-term living or rentals. Not all real estate agents are trustworthy—do your homework. Skipping a full inspection can lead to hidden repair costs. Extra fees and taxes often catch buyers by surprise. Trusting the seller’s agent or inspector […]
In Short: If you’re thinking about buying or selling property in Mallorca, here’s a quick look at the main taxes and what they usually cost: Property Tax in Mallorca When Buying: Transfer Tax (ITP): 8%–13% for resale homes (average: 10% of the price) VAT (IVA): 10% on new homes (instead of ITP), 21% on land/commercial […]
TL;DR: In Mallorca, short-term holiday rentals require a special license, but new licenses are no longer being issued. You can still buy properties that already have one. Long-term rentals (over 30 days) don’t need a license but must follow tenant laws. Renting without the proper license can lead to fines of €20,000 or more, so […]
Key Highlights Buying your first home in Mallorca requires understanding the local real estate market and property taxes. Getting pre-approved for a mortgage helps you focus on homes within your budget and shows sellers you’re a serious buyer. Researching neighbourhoods carefully ensures your new home aligns with your lifestyle and urban development preferences. Budget for […]
The question: Should I buy or rent in Mallorca? The answer: It depends… Buy if you want long-term stability and investment growth, rent if you need flexibility and lower upfront costs (or if you simply want to try out the Mediterranean lifestyle before investing). Analyzing the Decision-Making Process When considering the options of buying vs. […]
In Short: Good news: foreigners are free to buy and own property in Spain, including stunning villas and apartments on the island. Just make sure you get a NIE (foreigner’s identity card), sign your title deed with a Spanish notary, and register your ownership. You’ll also want a local lawyer to check for hidden debts […]
Key Highlights Discover some of the best towns in Mallorca to invest in real estate by the sea and in the mountains. Choose from luxury villas with amazing sea views or charming hillside villages with stunning scenery. Towns like Bendinat and Palma Old Town offer a mix of history and modern living. Property values in […]
Key Highlights Finding the perfect property in Mallorca, a stunning island in the Mediterranean, requires expert guidance. This carefully curated list showcases some of the best real estate agencies in Mallorca, known for their extensive experience and expertise. These agencies offer many properties, from luxurious beachfront villas to charming countryside fincas and stylish city apartments. […]
Explore the stunning island of Mallorca, boasting over 50km of pristine coastline. Discover secluded coves, family-friendly shores, and beaches perfect for watersports. Unwind on soft, white sand and soak up the Mediterranean sun. Explore the natural beauty of Mallorca’s beaches, from pine forests to dramatic cliffs. Find your perfect beach paradise, whether you seek tranquility […]
Quick Overview Tucked between the upscale neighborhoods of Bendinat and Portals Nous, Illetas (or Ses Illetes) is one of the most charming coastal areas in Southwest Mallorca. Known for its beautiful beaches, relaxed Mediterranean lifestyle, and sea-view properties, it strikes the perfect balance between quiet retreat and connected convenience. At Reiderstad Invest, we know […]
Quick Summary El Terreno is a beautiful and unique neighborhood in Palma de Mallorca, nestled between the vibrant Passeig Marítim and the historic Castell de Bellver. Loved by both locals and expats, this area offers a mix of peaceful green spaces, lively nightlife, and a deep cultural history. Follow Reiderstad Invest where we hear […]
The top areas to live in Mallorca due to their idyllic location, security, and investment opportunities are: Palma de Mallorca: Offers vibrant city life with apartments starting at around 450,000 euros and amenities like historic sites, stylish dining, and top healthcare. Portals Nous: Provides luxury coastal living with villas priced between 3-4 million euros and […]
The southwest of Mallorca is so diverse that it offers something for everyone. Knowing that it can be confusing to distinguish between the many different areas, let’s unravel the distinct regions of the Southwest to gain a clearer understanding. The different areas in the Southwest of Mallorca Cala Major, San Agustin, Cas Catala & Illetas […]
Buying property in Mallorca, Spain, can be an exciting venture, but it’s important to navigate the process carefully. Here’s a comprehensive step for step guide to help you: 1. Research and Budget Begin by researching the property market in Mallorca to understand the types of properties available, their prices, and the different regions of the […]
As our office is located in Illetas, this is certainly our area of expertise. Working here and also living here ourselves, Illetas has a special place in our heart and let us promise you: Illetas never disappoints. With our extensive real estate knowledge, coupled with our expertise in luxury properties, particularly in the Southwest of […]
Thinking about buying a property in Mallorca? This sunny island, with over 300 days of sunshine, offers an exceptional quality of life and a unique lifestyle. At Reiderstad Invest, we’re here to help you understand the process. 7 Reasons Why Buying Property in Mallorca is a Good Idea Beautiful scenery: The island offers diverse landscapes, […]
Crans-Montana is more than just a tourist destination that is only busy and open for a few months of the year. Crans-Montana is in fact a year-round destination that offers an urban lifestyle surrounded by nature and mountains. It is the ideal place to live, providing everything from winter to summer activities, culture, events, shopping […]
Mallorca is the biggest of the Balearic Islands in Spain, with over 300 days of sunshine per year is more diverse than you might think. Divided into different regions, each with its own character and attractions, the island never fails to surprise. Let’s discover the different corners of Mallorca together! Palma Starting with Palma, the […]
Crans-Montana is a picturesque alpine destination in the Swiss canton of Valais. It’s known for its luxurious lifestyle, offering a blend of outdoor activities and cultural experiences. Crans-Montana is appreciated for its stunning mountain scenery, excellent skiing and snowboarding in the winter, and outdoor activities like hiking and golf in the summer. The town offers […]
Mallorca is the largest of Spain’s Balearic Islands, located in the western Mediterranean. The island is a wonderful destination that offers a mix of natural beauty, rich culture, and a relaxed lifestyle. Mallorca is, therefore, a popular stopover, attracting visitors from across Europe and beyond.