Prestige Property Group

Alcudia Property

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Over 20 years experience in the area.

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Area Guide Contact Us

Alcudia is a beautiful beach town in the north of Mallorca, combining both modern and traditional architecture, it has an energetic night life. The town is famous for it’s ‘photo opportunity’, the wooden pier leading out to sea.

1. Putting down a Holding Deposit

On finding a property you wish to purchase you will need to negotiate the terms, price and conditions of the sale with the owner. This part of the process is not binding. We would recommend using an independent English speaking legal advisor. Once a purchase price has been agreed, normally a holding or reserve deposit will be required to ensure the property is removed from the market. The sum required will vary between properties and will be based on the purchase price. A time limit for the preagreement to be signed will be arranged and there will also be legal checks to be made.

2. Setting up a Pre-agreement (Contrato privado de compraventa)

The pre-agreement will set out the conditions under which the Buyer and Seller agree to complete the purchase of the property and the price they have agreed upon. Relevant details will generally be included for example the property details, purchase price and the date for completion. A deposit will be required at this point, this will vary, but will generally be 10% of the agreed price. This agreement will include a penal clause if the sale does not go through. If the seller pulls out of the sale your compensation will be double the deposit you have paid, but if you decide not to go through with the sale then your deposit will be lost. Certain checks will need to be made before signing the contract, checks should be made against the title of the property, mortgage status and if the property has any debts held against it. The planning status should also be looked into. These conditions can be varied by the seller and the buyer and other types of agreement can be made.

3. The Contract (Escritura de compraventa)

Before a non-Spanish purchaser can buy a Spanish property they will need to have set up a Spanish bank account and obtained a Spanish tax number (NIE). The completion will take place in the presence of a Notary Public. This is a Spanish public official, by law the deed of sale must be witnessed by a Notary Public. You will also need your own independent, expert legal advisor to act on your behalf. On Completion the buyer must pay the balance, that is the price agreed after the deposit has been deducted, plus any other fees on the completion date. Both buyer and seller must sign the Escritura de compraventa contract, (this is the Spanish equivalent of the title deeds). The title deeds (escritura) will be given to the buyer, this will be done in the presence of a Notary Public, they will certify that the transfer has taken place. The tax office will be sent a copy and the property registry will be informed of the transfer.

IMPORTANT - Disclaimer :
All information provided is believed to be current and provided free of charge. No liability can be accepted for the reliability of the information and statements made as this is obtained from 3rd parties. We always recommend you take legal advice from a fully qualified Lawyer or Notary before buying a property overseas.

32 properties

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Exceptional investment opportunity to purchase a detached 9 bedroom front line villa with stunning coastal views, ideally situated between the bays of Puerto Pollensa and Alcudia. Set out over 3 ......

1,500,000 EURREF: 247984

Situated in a quiet neighbourhood in Bonaire, this beautiful home, which is one of a kind in the area, is beautifully decorated in an instantly recognisable style which is more common on mainland S......

1,800,000 EURREF: 247983

Wonderful recently refurbished 3 bedroom villa, which is situated within a quiet residential area in Alcudia, close to the golf course and with fabulous sea views. Recently modernised in 2018 to c......

1,950,000 EURREF: 247948

Magnificent 6 bedroom villa, with a bright and spacious built area of 906m2, set on a large elevated plot of around 32,000m2 and situated between the historic old town of Alcudia and the beaches of......

3,500,000 EURREF: 247946

Wonderful 4 bedroom villa, with a bright and spacious living area of 282m2 and is set on an elevated plot of 709m2 with an infinity swimming poll and incredible sea views. Situated in the Alcanada......

1,875,000 EURREF: 247798

Attractive 2 bedroom apartment in perfect condition in a quiet residential area close to the kite-surfing beach in Barcares, and within walking distance of the shops, bars, restaurants, and the h......

267,000 EURREF: 247590

Fantastic opportunity to create a dream home in a highly desirable location with this 4 bedroom detached villa in Alcudia, and is an excellent investment opportunity with sea views and great locat......

940,000 EURREF: 247538

Wonderful modern 4 bedroom villa, which was completed in 2023, ideally situated within the highly sought after residential area of Bonaire in Alcudia. Set on an elevated plot of around 618m2, and......

1,875,000 EURREF: 247053

Beautifully presented throughout, this impressive 3 bedroom waterfront villa, with its origins dating from 1850, boasts its very own boathouse and is located in the exclusive and sought after area ......

8,000,000 EURREF: 246966

Superb 6 bedroom south facing villa, which occupies a sea front plot of around 780m2 in the prestigious area of Alcanada, with plenty of outdoor living space, privileged direct access to the sea an......

4,900,000 EURREF: 246801

Ideally located in one of the most privileged areas of Mallorca, in Paraiso de Bonaire, is this exceptional new 5 bedroom luxury villa set in beautiful landscaped gardens with amazing infinity pool......

3,250,000 EURREF: 246454

Luxuriously and stylishly refurbished 3 bedroom villa with pool and garden, enjoying breathtaking sea views from the roof terrace of its ideal location near the beach and all amenities in the Barca......

1,500,000 EURREF: 246036

A celebration of concrete and glass, this exceptionally stylish villa has been built to the highest standards using only the best materials and minimalist architecture for maximum impact. It occup......

3,800,000 EURREF: 245927

Income Producing 5 bedroom Villa for sale in Alcudia, Mallorca

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1. Putting down a Holding Deposit

2. Setting up a Pre-agreement (Contrato privado de compraventa)

3. The Contract (Escritura de compraventa)

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