Living in Mallorca all year round means that the Morgan and Morgan team, together with our carefully selected partners can guide and inspire your perfect holiday. We know the hidden secrets; the best Paella, the most tantalising wine, the best beaches and experiences. Having bought, renovated and project managed numerous properties, we can also guide you through creating your life in Mallorca. Whether you’re looking for vacation inspiration or clear, honest property finding advice you can find it in our blog posts below.
Why Mallorca with Morgan & Morgan in 2021
At Morgan & Morgan we look beyond simply your booking. Our mission is to create unforgettable memories with the people you love, in the places we love, run by the people we love.
The Best Local Ingredients
Mallorca attracts many great chefs for its vibrant culinary scene and some of the most amazing ingredients the Mediterranean has to offer. We have asked local private chefs in Mallorca what local ingredients inspire them in their cooking and dishes.
Must-dos in Pollensa
Once you arrive in Pollensa you actually don’t need to leave. There is everything you need to fill a couple of weeks of holiday; white sandy beaches, hidden coves, mountains, culture, food experiences and it’s own lighthouse. Here’s our top 5 must-do activities for your Pollensa holiday
The Most Breath-taking Views
One of the great advantages of renting a luxury holiday home is to be able to enjoy the outdoor lifestyle in all its glory. All of our properties have their own private outdoor space, though the following properties stand out for their stunning views.
Comprehensive Property Buying Guide
Property in Spain is a big investment in time and money. We want you to experience the most speedy and stress-free buying process. Here are the most important topics for buying, owning or selling your holiday home in Mallorca that you need to know from the start.
Holiday Letting & Tourist Rental Licence FAQ
In-depth information on the tourist rental license (ETV) in the Balearics. The is the license that allows you to rent out your property for a short-term holidays to make most out of your holiday home in the months you are not able to use it yourself.
Spanish Energy Efficiency Certificates FAQ
In line with other European countries, law in Spain (Real Decreto 235/2013) obliges property owners to get energy efficiency certificates before they can sell or rent their homes. This FAQ by Mark Stücklin provides basic information for home owners.
The Cost of Selling a Property in Mallorca
From taxes, estate agent fees, legal fees to energy certificates, there are some key costs you have to consider when selling your property in Mallorca. Mark Stücklin provides a summary of the Costs for non resident and non EEA / non property owners.
Costs of Owning a Property in Mallorca
Owning a property in Mallorca is associated with a number of costs in the form of taxes, fees and maintenance. A large villa with a garden and pool will require much more effort and costs to maintain than a small apartment. Find out more from Mark Stücklin.
The Cost of Buying a Property in Mallorca
It is important to have clear from the outset the real costs you will face when you buy property in Spain together with the ongoing costs you will face as a property owner. Bear in mind that the actual cost will depend on your particular circumstances.
The Buying Process
You’ve visited various properties and made all the pre-arrangements. Now you are ready to make a decision, do the legal checks and formalise an agreement for your property in Mallorca. Mark Stücklin walks you through the Decision, Due Diligence & Contracts.
Open a Bank Account
Mark Stücklin tells us why you need a bank account with a local branch in Mallorca. Whether for the purchase itself or in order to make many of the usual payments that are part and parcel of owning a property in Mallorca.
Request a foreigner identity number – NIE (Número de identidad de extranjero)
All foreigners who are resident, own property in Spain or for some other reason pay taxes here have to get a Spanish NIE (Número de Identidad de Extranjero, or foreigner identity number) from the Government.
Pre-arrange mortgage
Get a mortgage broker in advance says Mark Stucklin. Most people need a mortgage to help finance the purchase of their property but even those people who can afford to buy without a mortgage may benefit from taking one out.
Open Foreign Exchange Trading Account
Most British people buying a property in Spain hold their own funds in Pounds Sterling rather than Euros, which means that they have to buy Euros before they can purchase a property. Mark Stücklin details why it is important to open a Foreign Exchange Trading Account.
Arrange holiday Home Insurance
Holiday home insurance is a specialist form of insurance for anyone who owns a holiday home. A holiday home insurance policy will offer protection against accidental damage and public liability protection giving you peace of mind.
Hire an Independent Lawyer/Solicitor
This is the single most important advice you can be given states Mark Stücklin. If you only happen to follow this first tip in this article the rest of the points mentioned become redundant. You need a lawyer you can trust on hand to check the very first contract you are expected to sign.
Getting ready to buy property in Mallorca
If you are serious about buying a property in Mallorca then you should get certain arrangements in hand at the very start of your property search. If you leave them until you have found a property you will have to act under pressure and in a rush.
Drawing up a clear property brief
The act of writing down a brief helps you clarify your thoughts and articulate your priorities. It also provides you with a useful document on which to base your search and communicate your requirements to estate agents and other professionals.
Defining your property needs when buying in Mallorca
Needs are as varied as the individuals that have them so it would be impossible to create a complete list of the issues to consider. However, the following are some suggestions that cover the basic issues that affect most people.
Morgan and Morgan Mallorca
Morgan and Morgan Mallorca is trading name of
Morgan and Morgan Mallorca Ltd.
Regsitered Address: London (Strand) Office, 7 Bell Yard, London, WC2A 2JR
Company registration: 08525926 | VAT No: GB174841488
Our sales and developments are operated through -
Morgan Morgan Mallorca SL.
Registered Address: Carrer Roser Vell 5 07460 Pollença, Illes Balears
Company registration NIF B16628042.
© 2013 morgan-morgan.co.uk
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