Real estate guide
Buying on Mallorca raises many questions, most of them about law and taxes. Here are the answers to the most common ones.
Even if Spanish and German law have the same roots, there are significant differences that first-time buyers on Mallorca do not know. Whether you want to buy a plot to build your own house, a new build, an older property, a villa by the sea or on the golf course, or an apartment in Palma's old town, the questions are often the same.
For more complex questions, such as estate planning, holding a property through a company, or cross-border taxation, we recommend experienced lawyers and tax advisors from our network, with whom we have worked for decades.
Frequently asked questions
What distinguishes Minkner & Bonitz?
We know our areas, the properties, many owners and developers. We develop a marketing concept for every property, have our own contracts and legal department and offer a reliable after-sales service.
What does an estate agent cost?
In Spain the agent is usually paid by the seller. For the buyer our services are always free of charge, and a first consultation for a seller is free too.
How many estate agents should I contact?
One is enough, if it is the right one. Ask friends, banks and lawyers about an agent's reputation, and look at their history, portfolio and offices.
Who helps me with contracts, law and taxes?
Our in-house contracts department, staffed by two lawyers. For complex or cross-border cases we work with multilingual lawyers and tax advisors from our network, and with your advisors at home.
Can you recommend experts after the purchase?
Yes. In almost 30 years and 3,000 sold properties we have built a network of architects, builders, gardeners, pool care, cleaning and property managers that we are happy to recommend.
Should I sell exclusively or through several agents?
With an exclusive contract the agent can invest everything in marketing your property, you have one contact, and buyers do not see the same house at different prices. You can still sell to buyers who approach you directly.
- 01
Your search
Tell us your wishes, or send a personal search request. Some properties are only offered discreetly.
- 02
Viewings
Our multilingual agents accompany you to the properties that match.
- 03
Contract
Our contracts department prepares the option contract and every document for the notary.
- 04
After the purchase
We stay in contact: utilities, insurance and trusted craftsmen, all free of charge.
Contact Minkner & Bonitz
Tell us what you are looking for, and the right office will get back to you.
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