Can foreigners buy property in Palma de Mallorca?

Yes. There are no restrictions on buying property in Spain , whether it's commercial, residential or land. In fact, Spain encourages investment by foreigners, both resident and non-resident. You will require a financial number which can acquire by visiting a police station with your passport.

How do I buy a property in Palma de Mallorca?

The process of buying a property in Spain usually runs as follows. First, the buyer makes an offer, usually through the seller's real estate agent. If this is accepted, then the buyer and seller sign a preliminary contract (contrato privado de compravento) and the buyer pays a deposit, typically 10% of the purchase price. Then the agent helps to organise property check and if there're no burdens or restrictions, a final sales contract is prepared.

Do I need a Spanish bank account to buy a property in Spain?

Yes. You will want a bank account in Spain once you have bought your Spanish property. This will enable you to set up direct debits and standing orders to pay for your utilities and bills .

Can I get a mortgage in Spain?

Yes. Although to get a mortgage in Spain you need NIE (Número de Identificación de Extranjeros). If you're in Spain, you can start the NIE application process at any local police station. Outside of Spain, the best way to apply for an NIE is to contact your local Spanish consulate.

What is a Spanish residence permit?

A long-term residence permit allows you to stay in Spain indefinitely, working or otherwise, under the same conditions as Spanish citizens. You can apply for Spanish nationality after 10 years of residence in Spain.

How do I get a residence permit in Spain?

Dedending on type (for students, for investors, etc.) you can obtain Spanish residence permit at Foreigner’s Office in Spain or at Spanish Consulate in your country of residence.

How long does it take to get residency in Spain?

The terms are based on the type of the residence (for students, for investors, etc.). Some of them can be obtained in less than one month.

Can I get residency in Spain if I buy property?

Yes. If you buy property in Spain you can get a Spanish residency permit, which allows you to live in Europe. The only challenge is the paperwork, and you must invest at least 500,000€.

How can I get permanent residency in Spain?

You can get permanent residency in Spain after 5 years of legal residence.

How long does it take to become a citizen in Spain?

The standard criteria for citizenship in Spain is 10 years of legal residence. There are reduced terms (1, 2 or 5 years) for residency based on naturalization, origin, option, etc.

Property for sale in Palma de Mallorca, Spain

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price low to highlow to highprice high to lowhigh to lownewest firstnew

New luxury villa in Son Vida with Holiday Rental License for 3,500,000 €

New luxury villa in Son Vida with Holiday Rental License

3,500,000 €

£3,103,000

Total area 1,964 m²Land area: 465 m²1 bedroom5 bathrooms

Country villa with a garden, a pool, a garage, terraces and sea views, Palma de Mallorca, Spain for 3,900,000 €

With swimming pool

Country villa with a garden, a pool, a garage, terraces and sea views, Palma de Mallorca, Spain

3,900,000 €

£3,457,000

Total area 1,090 m²Land area: 9,000 m²6 bedrooms6 bathrooms

Off-plan property

New building in center of Barcelona with panoramic views, garden and pool

470,000 €

Estimated completion Q3 of 2018

Modern villa with a garden, a pool, a parking and a terrace, Palma de Mallorca, Spain for 3,950,000 €

With swimming pool

Modern villa with a garden, a pool, a parking and a terrace, Palma de Mallorca, Spain

3,950,000 €

£3,501,000

Total area 751 m²Land area: 2,000 m²6 bedrooms5 bathrooms

Refurbished apartment with terrace in Santa Catalina for 495,000 €

Next to the sea

Refurbished apartment with terrace in Santa Catalina

495,000 €

£439,000

Total area 95 m²Land area: 90 m²1 bedroom2 bathrooms

Comfortable villa with a garden, a pool, a garage and terraces, Son Vida, Spain for 3,800,000 €

With swimming pool

Comfortable villa with a garden, a pool, a garage and terraces, Son Vida, Spain

3,800,000 €

£3,369,000

Total area 387 m²Land area: 1,011 m²5 bedrooms6 bathrooms

Luxury palace close to Palma s Cathedral for 13,500,000 €

With swimming pool

Luxury palace close to Palma s Cathedral

13,500,000 €

£11,967,000

Total area 890 m²Land area: 833 m²4 bedrooms8 bathrooms

Turkish passport for buyers of apartments from $250,000

Send a request, we will offer you properties and help you to prepare the documents

Send a request

Ekaterina Maslova

Senior Residence and Citizenship Advisor

Modern villa with a guest area, terraces, two pools, a garage and a garden, Palma de Mallorca, Spain for 5,000,000 €

With swimming pool

Modern villa with a guest area, terraces, two pools, a garage and a garden, Palma de Mallorca, Spain

5,000,000 €

£4,432,000

Total area 750 m²Land area: 4,000 m²5 bedrooms5 bathrooms

Spacious villa with a garden, a pool, a parking and terraces, Son Vida, Spain for 3,850,000 €

With swimming pool

Spacious villa with a garden, a pool, a parking and terraces, Son Vida, Spain

3,850,000 €

£3,413,000

Total area 602 m²Land area: 2,141 m²6 bedrooms6 bathrooms

Comfortable villa with three terraces, a pool, a garage and a garden, Palma de Mallorca, Spain for 2,200,000 €

With swimming pool

Comfortable villa with three terraces, a pool, a garage and a garden, Palma de Mallorca, Spain

2,200,000 €

£1,950,000

Total area 681 m²Land area: 1,070 m²7 bedrooms5 bathrooms

New high-quality penthouse with a parking and terraces in a building with a pool and a spa, Casco Antiguo distrcit, Palma de Mallorca, Spain for 1,250,000 €

With balcony/terrace

New high-quality penthouse with a parking and terraces in a building with a pool and a spa, Casco Antiguo distrcit, Palma de Mallorca, Spain

1,250,000 €

£1,108,000

Total area 198 m²3 bedrooms3 bathrooms

Spacious villa with three apartments, terraces, a pool and a relaxation area, Palma de Mallorca, Spain for 1,050,000 €

With swimming pool

Spacious villa with three apartments, terraces, a pool and a relaxation area, Palma de Mallorca, Spain

1,050,000 €

£931,000

Total area 478 m²Land area: 401 m²5 bedrooms4 bathrooms

Cozy penthouse with four terraces and a garage in a residential complex with a garden and a pool, Palma de Mallorca, Spain for 3,240,000 €

With balcony/terrace

Cozy penthouse with four terraces and a garage in a residential complex with a garden and a pool, Palma de Mallorca, Spain

3,240,000 €

£2,872,000

Total area 250 m²4 bedrooms4 bathrooms

Spacious villa with a pool, a garage and a terrace, Palma de Mallorca, Spain for 7,500,000 €

With swimming pool

Spacious villa with a pool, a garage and a terrace, Palma de Mallorca, Spain

7,500,000 €

£6,648,000

Total area 1,080 m²Land area: 2,900 m²7 bedrooms7 bathrooms

Renovated apartment with terrace and parking next to Cort for 900,000 €

Next to the sea

Renovated apartment with terrace and parking next to Cort

900,000 €

£798,000

Total area 112 m²Land area: 110 m²1 bedroom2 bathrooms

Villa – Palma de Mallorca, Balearic Islands, Spain for 8,950,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

8,950,000 €

£7,934,000

Total area 642 m²Land area: 2,000 m²6 bedrooms6 bathrooms

Spacious penthouse with two terraces and a parking in a residential complex with a garden and a pool, Palma de Mallorca, Spain for 2,990,000 €

With balcony/terrace

Spacious penthouse with two terraces and a parking in a residential complex with a garden and a pool, Palma de Mallorca, Spain

2,990,000 €

£2,651,000

Total area 490 m²4 bedrooms4 bathrooms

Renovated apartment in the old town of Palma, next to San Francesc for 322,000 €

Next to the sea

Renovated apartment in the old town of Palma, next to San Francesc

322,000 €

£285,000

Total area 108 m²Land area: 108 m²1 bedroom1 bathroom

Villa – Palma de Mallorca, Balearic Islands, Spain for 11,950,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

11,950,000 €

£10,593,000

Total area 700 m²Land area: 2,000 m²7 bedrooms7 bathrooms

Villa – Palma de Mallorca, Balearic Islands, Spain for 3,400,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

3,400,000 €

£3,014,000

Total area 585 m²Land area: 2,100 m²6 bedrooms6 bathrooms

Villa – Palma de Mallorca, Balearic Islands, Spain for 5,950,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

5,950,000 €

£5,274,000

Total area 620 m²Land area: 15,000 m²6 bedrooms6 bathrooms

Villa – Palma de Mallorca, Balearic Islands, Spain for 1,195,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

1,195,000 €

£1,059,000

Total area 315 m²Land area: 1,900 m²5 bedrooms3 bathrooms

TO REFURBISH first and second floor duplex next to Santa Eulalia for 800,000 €

Next to the sea

TO REFURBISH first and second floor duplex next to Santa Eulalia

800,000 €

£709,000

Total area 165 m²Land area: 160 m²2 bedrooms2 bathrooms

Villa – Palma de Mallorca, Balearic Islands, Spain for 3,650,000 €

Villa – Palma de Mallorca, Balearic Islands, Spain

3,650,000 €

£3,236,000

Total area 770 m²Land area: 2,065 m²6 bedrooms4 bathrooms

Comfortable townhouse with a terrace, a garden, a patio and a garage in a complex with a garden and two pools, Palma de Mallorca, Spain for 799,000 €

Comfortable townhouse with a terrace, a garden, a patio and a garage in a complex with a garden and two pools, Palma de Mallorca, Spain

799,000 €

£708,000

Total area 192 m²Land area: 299 m²5 bedrooms2 bathrooms

Apartment, completely renovated in the Sindicato-Avenidas area for 429,000 €

Apartment, completely renovated in the Sindicato-Avenidas area

429,000 €

£380,000

Total area 120 m²Land area: 120 m²1 bedroom2 bathrooms

1-25 of 113 listings, page 1 of 5

Property for sale in Palma de Mallorca

Turkish passport for buyers of apartments from $250,000

FAQ about Palma de Mallorca

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