Buying a House in Mallorca: the complete Guide for 2025

Buying a house in Mallorca (2025): Best Areas, Steps, Tips

Discover all the steps to buying a house in Mallorca in 2025: best areas, legal requirements, taxes, and expert tips to succeed in your real estate investment in Spain.

Buying a house in Mallorca: the complete Guide for 2025

Why buy a house in Mallorca in 2025?

Mallorca, the jewel of the Balearic Islands, attracts thousands of foreigners every year in search of sun, quality of life, and secure investments. In 2025, the island remains one of the best real estate choices in Europe:

• Mediterranean climate year-round

• Easy access from most european countries and NYC, with daily direct flights

• High rental demand in tourist areas

• Preserved natural environment: coves, beaches, authentic villages

The Best Areas to Buy in Mallorca

Palma de Mallorca

A cosmopolitan and dynamic capital, perfect for those seeking an urban lifestyle. Modern apartments, sea access, restaurants, bars, and an airport just 15 minutes away.

Santa Ponsa and Port d’Andratx

Premium areas with luxury villas and sea views. International clientele, high-end residential setting.

Pollença and Alcúdia

Charming villages in the north of the island, local atmosphere, perfect for second homes or peaceful retreats.

Cala d'Or and Santanyí

Ideal for nature and beach lovers. More affordable properties with Mediterranean style.

Steps to Buy Real Estate in Mallorca

1. Obtain a NIE (Número de Identificación de Extranjero)

Mandatory for any property purchase in Spain, it can be obtained at the consulate or directly on-site.

2. Open a Spanish bank account

Necessary for payments, taxes, and local fees.

3. Sign a preliminary sale contract (contrato de arras)

This is a promise to buy. A 10% deposit is typically required.