For investors, we present exclusive Mallorca properties and projects with a focus on return opportunities, commercial uses or lucrative investments and capital assets. At “CCC Real Estate | Invest”, we attach particular importance to comprehensive information so that your investment is based on a solid foundation and your expectations are met.
Plot in well-connected location with well and potential for individual house construction
Charming vintage villa with 4 bedrooms, terrace, large garden and garage
LAST CHANCE: Modern terraced houses with 2 bedrooms, close the communal pool
Sea view flat with 2 bedrooms and communal pool in a dream location
First-class finca with pool, conservatory and garden oasis
First-class finca with pool, conservatory and garden oasis
Erstklassige Finca mit Pool, Wintergarten und Garten-Oase
Erstklassige Finca mit Pool, Wintergarten und Garten-Oase
Your door to discreet and promising business opportunities
First-class finca with pool, conservatory and garden oasis
First-class finca with pool, conservatory and garden oasis
Traspaso: Well-established, classy bar / cafeteria in Cala Ratjada
Large commercial plot in a favourable location
Our carefully selected projects reflect the highest standards and offer investors the opportunity to get involved in prestigious developments.
CCC Real Estate
Take over established companies and restaurants in successful locations. With your concept and your strategy, you position yourself in the market for your sustainable business success.
CCC Real Estate
Invest in exclusive vacation properties on Mallorca with existing ETV licenses. Our real estate offers with ETV licenses combine happy vacation experiences with a solid return on investment. Benefit from the popularity of the island with a good guest frequency for your own investment.
Our platform presents only the finest real estate projects and business opportunities.
A team of professionals is on hand to ensure your investment experience is smooth and sophisticated.
We value your privacy and security. Your premium investments are in the best hands with us.
Smooth real estate transactions in Mallorca require the Spanish NIE number (Número de Identidad de Extranjeros). This is necessary for the notary contract and the property registration and accompanies you for life without ongoing costs. The NIE is also required for buying a car, utilities and working in Spain.
Three ways to the NIE:
When purchasing real estate in Mallorca, the following additional purchase costs must be taken into account:
The land transfer tax is between 8 and 13 percent of the purchase price and depends on the value of your desired property.
Notary fees amount to 0.25 to 0.50 percent of the purchase price for existing properties. Additional drafts or copies are subject to separate fees.
Once the purchase contract has been concluded, the property is entered in the land register with standard fees of between 0.15 and 0.30 percent of the purchase price.
The handling fees for the Gestoria or lawyer amount to approx. 0.8 to 1 % of the purchase price.
Incidental costs such as fees for the transfer or registration of electricity, water, gas, well, vacation rental license, telephone/internet, insurance, alarm system, etc., should be taken into account when buying a property in Mallorca.
It may be necessary to prepare certified checks from a Spanish bank to pay off a mortgage. The cost is approximately €300 per check, to be paid by the buyer. Cashing the checks is the responsibility of the seller.
If the vendor’s main residence is outside Spain, 3% tax will be retained from the notarized sale price.
Besides obvious costs like mortgages and property taxes, there are numerous maintenance costs that are often overlooked. Here are some of them:
A conscious understanding of these maintenance costs can help you to plan better and avoid unpleasant surprises. If you have any further questions, please do not hesitate to contact us!
If you want to buy a property in Mallorca, foreign financing offers the following advantages:
Customized financing solutions are also available for Swiss and Luxembourg citizens. Through renowned financing agencies we offer::
In Spanish real estate projects, terms such as usable area, constructed area and living space are crucial. This is where they differ from other countries’ standards.
Living area (superficie útil): Actually inhabited and furnished area, calculated from the inner line of the outer walls.
Usable/constructed area (Superficie construida): Includes covered outdoor areas, with verandas and terraces valued at 50%. Fully enclosed roofs count as 100%.
Buildability (Edificabilidad): The maximum permitted building volume on a plot of land, important for construction projects.
Superstructability (Ocupación): Includes areas that are used but not necessarily inhabited, such as garages, water storage, technology, as well as sealed surfaces of outdoor areas.
Spanish real estate offers often indicate the constructed area. Check the information in the purchase deed and in the land register, where the constructed area is usually mentioned.
The document, known as the “certificate of habitability” in Englisch and “Cédula de Habitabilidad” in Spanish, is crucial. Originally required for new builds and first-time occupants, it is now also required for extensive renovations. It allows access to water, electricity and gas, essential for a comfortable life in Mallorca. To obtain the certificate, building work must be officially approved by the architect and the municipality. The application is made to the island council (Consell de Mallorca), sometimes even before the final building approval. This certificate is essential for the vacation rental license. It is valid for 10 years and should be renewed before a new sale.
Choose an estate agency to benefit from local knowledge and expertise. With a strong network and good connections, the agent creates optimal conditions for your real estate goals. Multilingual communication guarantees smooth communication, while individual support and commitment ensure that your needs are the focus.
A moratorium is currently in place in some areas – mainly housing estates – on Mallorca. To put it simply, this is a construction freeze. This means that no building permits are being issued for new buildings or extensions. In the north-east, the settlements of Costa Canyamel, Els Pelats in Cala Ratjada and parts of Betlem in the municipality of Artà are among those affected by this regulation. In our property listings, we have labelled these settlements as “partially developed” and/or ” expected building land”.
In Spain, contracts must be signed by all parties on all sides. A legally binding signature requires an individual, recognisable signature. Notarised signatures are always valid. There are differences between “p.p.” (with power of attorney) and “p.o.” (on behalf of). Spanish kings in the Middle Ages signed clearly and simply, such as “YO, EL REY” (I, the king).
When buying a property in Spain, if the seller has a mortgage on the property, the cancellation of this mortgage takes place two months before the actual notarisation of the sale, so that the cancellation is entered in the register, or on the day of the sale.
Both processes are carried out before a notary and part of the payment to the seller is made by cheque, which is used to pay off the mortgage. This ensures that the property is sold free of any encumbrances.
In the case of a mortgage, certified cheques must be prepared by a Spanish bank at a cost of approximately €300 per cheque, which is borne by the buyer.
If the seller has financed the property with a mortgage, it is possible to take it over. In this case, it is crucial to carefully check the exact terms of the mortgage.
The costs of cancelling the mortgage at the land registry are borne by the seller and are usually deducted from the purchase price.
Important points
Additional information:
What does this mean for you? Notary fees are cheaper in Spain, but additional legal advice and fees for the purchase process must be considered.
In Spain, you are considered a tax resident if you spend more than 183 days a year in Spain. Alternatively, you can also be considered a resident if the majority of your economic activities or financial interests are in Spain. In terms of tax declarations, Spanish residency means that your worldwide income is taxed in Spain. You must declare your worldwide income in your annual tax return in Spain.
You are one step closer to your dream home! In Spain, the handover of the property usually takes place on the day of the notary appointment, often even before the official signing at the notary. This is how a professional handover should take place:
So that you can feel at home as soon as possible after the notary appointment.
In Mallorca there are specific regulations for changes to properties. The colour scheme, persiana (shutters) and house regulations should be checked beforehand with the local town hall. Homeowners should also check the house regulations to ensure that alterations comply with community standards. Community regulations, already laid down in the Normas Urbanísticas, cover aspects such as property fencing and building materials. Before building projects, it is advisable to check local community regulations to ensure smooth changes. For minor renovation work (no walls are being moved), a “prior notification” to the relevant town hall is sufficient. If the project involves major work, you must apply for authorisation by submitting a project signed by an architect and then applying for the “final de obra”. Fees must be paid for both applications. If you are unsure, please do not hesitate to contact us.
Invest in Mallorca, where the property market is stable and flourishing at a high level. The market is developing positively and is expected to continue to offer attractive returns. The high proportion of foreign buyers, which has almost doubled since 2009, underlines the popularity of the island. The continuous population growth and increasing demand for rental properties make Mallorca a promising location for investment.
Find out more about the Beckham Law, which allows foreign workers to be taxed according to the Spanish non-resident income tax criteria. Investors who wish to live in Spain long-term benefit from this regulation, as they only pay tax on income earned in Spanish territory.
When a property with a holiday rental licence is sold, the licence remains valid and the new owner can continue to use it without any change to the number of bed spaces. However, it should be noted that the transfer or sale of existing bed spaces between landlords is no longer possible.
There is a possibility that licences will no longer be available to the market if they are returned, which happens at the request of the owner. Landlords can also lose their licences, particularly if they fail to comply with the law. Licences for apartment buildings and 60-day rentals must be renewed every five years, and the relevant fees must be paid again. For rental licences prior to 2017, there is a three-year non-use period; the licence expires if no holiday lets are made during this period. Compliance with the regulations is regularly checked by employees of the Mallorca Island Council.
For old licences from the period 2005-2012, Ley 2/2005 provides for renewal every six years, accompanied by corresponding fees. Old licences from the period 2012-2017, on the other hand, are not subject to clear regulations regarding the period of validity. The tourism authority confirms by telephone that no renewal is required for these old licences.
The definition has changed: It is not the duration but the tourist nature of the letting that counts. Short-term rentals are considered holiday rentals unless it can be proven that they serve a different purpose. The maximum rental period for holiday lets is one month.
The issuing of new tourism licences has been stopped since February 2022. It is currently not possible to apply for a new licence.
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