Tax advisory desk with folders, calculator and pen beside a Mallorcan window

Regulation explained · Mallorca

Taxes when selling a property in Mallorca: what to clarify before accepting an offer

The signed price is not the money left. Before accepting an offer, understand retentions, municipal tax and capital gains.

The signed price is not the money left. Before accepting an offer, understand retentions, municipal tax and capital gains.

Paperwork and perception

Tax depends on residence, purchase date, declared value, justified improvements and current regulation.

  1. Tax depends on residence, purchase date, declared value, justified improvements and current regulation.
  2. Non-residents may face specific retentions that should be calculated before negotiating net proceeds.
  3. An apparently good offer may not be good if net result after taxes and costs is ignored.

Owner's question

An apparently good offer may not be good if net result after taxes and costs is ignored.

Frequently asked questions

Should it go to portals first?

Not always. Sensitive, exclusive or documentary-risk properties should be reviewed strategically before public exposure.

Can price be defended without exact data?

Yes, prudently: comparables, real condition, paperwork and qualified-buyer response, without promising fixed figures.

What should the owner prepare?

Land registry, cadastre, certificates, annual costs, maintenance, relevant permits and an honest property narrative.

When request a personalised review?

Before cutting price, changing agency or publishing everywhere. Early diagnosis usually protects value.