Step by step
From the first viewing to the handover of the keys — we guide you through every step of the buying process in Spain.
In a personal conversation (on site or by video) we clarify your requirements: budget, location, use, timeframe. Based on your profile we also open our off-market portfolio to you.
Timeframe: 1–3 days | Free of charge & non-binding
We organise all viewing appointments. In Mallorca it is common to view several properties in a targeted way over 1–2 days. We are with you — on site or via live video.
Timeframe: 1–5 days | We coordinate everything
The NIE (Número de Identidad de Extranjero) is mandatory for any property purchase in Spain. It is applied for at the Spanish consulate or directly in Mallorca. We recommend a local lawyer who takes care of this step.
Timeframe: 1–3 weeks | Start in parallel with the viewings
Once an agreement is reached, a reservation agreement is signed — usually with a deposit of €6,000–10,000. The property is then taken off the market. At the same time your lawyer begins the due diligence.
Timeframe: 1–2 weeks | The deposit secures the property
After a positive due diligence a private purchase agreement is signed. As a rule, 10% of the purchase price falls due as a deposit at this point. The remaining purchase price is paid at the notary appointment.
Timeframe: 2–4 weeks after reservation
At the notary appointment (Escritura Pública) the purchase agreement is notarised and the remaining purchase price is paid. You receive the keys. Your lawyer then takes care of the land registry entry and tax filings.
Timeframe: 6–10 weeks after reservation in total
After the notary appointment you are the owner. If you wish, we also support you afterwards: property management, renovation coordination, rental management or resale.
ITP (property transfer tax)
8–10% of the purchase price (resale properties)
IVA (VAT on new builds)
10% instead of ITP (new builds / first sale only)
Notary & land registry
approx. 1–1.5% of the purchase price
Legal fees
approx. 1% (recommended, not required by law)
Estate agent commission
In Spain paid by the seller
Total additional costs
approx. 10–12% (resale) / 12–13% (new build)
Our team accompanies you personally — from the first enquiry to the notary appointment.
Free initial consultation Tax & NIE guide