The Property Professionals Involved with Purchase

The Estate Agent and Property Consultant What is the difference? Estate agents (agentes inmobiliarios) are people of the  area and therefore will only have properties for sale within that area in the case of Mallorca most of the biggest agency are offering properties in all the island . The agent earns commission from the sale of the property and will try to obtain the best possible price for the...

Tourism licence at the 15 th march 2017

this one is available this one is not available Before starting a tourist activity one must follow the following steps to make a declaration AT THE MOMENT , THE LAW HAS NOT CHANGED A number of requirements for marketing purposes of housing who want to record tourist stays in tourist records to practice activity is established. These requirements are laid down in Annex 6 to Decree...

MORTGAGE FOR FOREIGN PEOPLE

There is a lot of mortgage products available in    Spain , you can find  a mortgage directly through  your agency , with the bank or with a broker . Most of the banks are speaking English and you can find the documents in English To be prepared for you next purchase we have decided to give you some keys: How can I borrow ? It depends if you are or not resident If you are not...

NIE number

NIE   NUMBER   NIE is an abbreviation for Número de identidad de extranjero, which translates as ‘Identification number for foreigners’.   The main purpose of the NIE for Spain is fiscal control. Without a Spanish NIE number, the Spanish tax authorities are unable to assess or process annual tax payments such as income tax (IRPF), and the annual wealth tax (Patrimonio), both of...

At school in Mallorca

If you have decided to move to Mallorca it’s really important to know that we have a good choice of internationals schools The main difference between the international schools on the island is the language . he majority of these schools teach in English and follow the British curriculum, we have  also  a French school  with a French cursus and also a  German and Scandinavian college. If...

I am owner, I want to sell, what are the expenses in my charge ??

I have a home and I am worried about the cost of the sale Many potential home sellers are concerned about the cost of selling. But the question is to know which ones belong to the seller. First of all, the property  that is sold has to be up to date of what the community is, taxes like ibi, rubbish , if it is not paid, you have to do it before going to the notary Then if the house is...

Plots situation in capdepera at JUNI 2018

JUNI 2018 2018-JUNE GOOD NEWS FOR THE PROPRIETORS OF CALA GAT the provision of services can be done by cooperation board thanks to the surplus of the municipal coffers of 2017. The consistory requested the Ministry of Finance the possibility of making this provision of services with the surplus and received a favorable response. The provision of Cala Gat services has a budget of € 3,192,000 and a...

Canyamel Plots regulations

If you want to build something in Canyamel please first have a look to our blog , there you can see what is the situation of the plots there and know what you can do . please have a look : click here plots available in canyamel : Calle Ermita http://www.immopascual.com/realestate-mallorca/canyamel-fantastic-plot-with-sea-view_792.html via del Arquer , near the...

Outstanding Time to Buy Mallorca Property, as Pound Rises Versus Euro

06.03.2018 Do you intend to buy a Mallorca property in 2018? If that’s the case, whether you've got your heart set on a spectacular finca with an area of 15,000 m² for 650,000€, or a beautiful 2-bedroom apartment with a swimming pool close to the sea for 239,000€, you'll want an outstanding exchange rate. After all, when the pound stands tall against the euro, you get more euros in...

Sales with deferred payment

Sales with deferred payment: If it is common to resort to the mortgage loan to pay the price of a property sometimes depending on the circumstances the deferred payment may be another option. It is not a theoretical problem in about six months we had three cases in the office, the first case is that of a house for vacation rental where the buyer had a part of the price and wanted to postpone the rest...

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