Palma Property
Palma Property
Palma Property

Why Choose PPG

For over twenty years we have built a network of the best professional agents in the most desirable locations. We offer our clients a tailored personal service, at no extra expense. We make sure that buying your overseas property, from initial viewings to final purchase, goes as smoothly as possible.

More

Palma Property

The ancient city of Palma is the Capital city of the Spanish Mediterranean island of Mallorca. Palma has a vibrant city centre, excellent shopping streets and a fascinating historic area, the Casco Antiguo or ‘old town’ as it is known. It is a popular tourist centre with a lively sea front, and beach with year round appeal for its cultural scene, local festivals, fashionable bars and restaurants, shopping and art galleries.

Guide to the Spanish Buying Process

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.

View Properties

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.

203 properties

Search Options

3 bedroom apartment for sale, Palma City, Palma Area, Mallorca

3 bedroom apartment for sale, Palma City, Palma Area, Mallorca
2,700,000 EUR

3 bedroom apartment for sale, Palma City, Palma Area, Mallorca

Marvellous 3 bedroom loft apartment with separate studio, located in one of the most ancient buildings in Palma, enjoying stunnng views across the City. This spacious property extends to 220 m2...

REF: 220254
  • Floor Size: 285 square metres
  • Bedrooms: 3
More Info

4 bedroom townhouse for sale, Son Xigala, Palma, Palma Area, Mallorca

4 bedroom townhouse for sale, Son Xigala, Palma, Palma Area, Mallorca
467,000 EUR

4 bedroom townhouse for sale, Son Xigala, Palma, Palma Area, Mallorca

Spacious and modern 4 bedroom townhouse, ideally situated within the lovely and picturesque son Xigala area of Palma. With a total living area of 252m2 and set out over 3 floors, features incl...

REF: 220188
  • Floor Size: 252 square metres
  • Bedrooms: 4
More Info

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca
2,200,000 EUR

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca

Luxurious 2 bedroom apartment, with a total spacious living area of 114m2, ideally situated within a prestigious front-line building with stunning sea views, just a few steps away from the Cala Mayor ...

REF: 220093
  • Floor Size: 114 square metres
  • Bedrooms: 2
More Info

4 bedroom villa for sale, Son Vida, Palma Area, Mallorca

4 bedroom villa for sale, Son Vida, Palma Area, Mallorca
4,200,000 EUR

4 bedroom villa for sale, Son Vida, Palma Area, Mallorca

Superb luxury villa in an exclusive area in the Son Vida district of Palma, offering spacious accommodation and set in half of beautifully landscaped grounds with swimming pool and panoramic views.

REF: 220047
  • Floor Size: 483 square metres
  • Plot Size: 2,000 square metres (0.20 hectares / 0.49 acres)
  • Bedrooms: 4
More Info

3 bedroom house for sale, Son Espanyolet, Palma Area, Mallorca

3 bedroom house for sale, Son Espanyolet, Palma Area, Mallorca
1,595,000 EUR

3 bedroom house for sale, Son Espanyolet, Palma Area, Mallorca

A bright spacious 3 bedroom property with pool, enjoying views from a large roof terrace, situated in Son Espanyolet. This charming townhouse is part of a project of 2 townhouses. The p...

REF: 219993
  • Floor Size: 194 square metres
  • Bedrooms: 3
More Info

2 bedroom apartment for sale, Palma City, Palma Area, Mallorca

2 bedroom apartment for sale, Palma City, Palma Area, Mallorca
820,000 EUR

2 bedroom apartment for sale, Palma City, Palma Area, Mallorca

Bright, fully furnished 2 bedroom apartment with pool, enjoying stunning views of the harbour, located in Palma City. Everything is included, from beds and a sofa to towels and saucepans. <...

REF: 219992
  • Floor Size: 99 square metres
  • Bedrooms: 2
More Info

2 bedroom penthouse for sale, Palma City, Palma, Palma Area, Mallorca

2 bedroom penthouse for sale, Palma City, Palma, Palma Area, Mallorca
349,000 EUR

2 bedroom penthouse for sale, Palma City, Palma, Palma Area, Mallorca

Bright, spacious and modern 2 bedroom 7th floor penthouse apartment located in the centre of Palma, with a stunning 60m2 terrace with lovely views over the city towards the mountains and the sea in th...

REF: 219961
  • Floor Size: 153 square metres
  • Bedrooms: 2
More Info

2 bedroom penthouse for sale, Bonanova, Palma Area, Mallorca

2 bedroom penthouse for sale, Bonanova, Palma Area, Mallorca
849,000 EUR

2 bedroom penthouse for sale, Bonanova, Palma Area, Mallorca

Bright and spacious 2 bedroom penthouse apartment with a total living area of 115m2, plus a large 143m2 terrace with simply breathtaking views across Bonanova over the Castell de Bellver, Palma bay wi...

REF: 219960
  • Floor Size: 115 square metres
  • Plot Size: 143 square metres (0.01 hectares / 0.04 acres)
  • Bedrooms: 2
More Info

2 bedroom apartment for sale, San Agustin, Palma Area, Mallorca

2 bedroom apartment for sale, San Agustin, Palma Area, Mallorca
275,000 EUR

2 bedroom apartment for sale, San Agustin, Palma Area, Mallorca

Well appointed 2 bedroom first floor apartment ideally situated within a prestigious waterfront development in San Augustin, in a highly sought-after area of Palma. With a large balcony, which ...

REF: 219923
  • Floor Size: 80 square metres
  • Bedrooms: 2
More Info

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca
395,000 EUR

2 bedroom apartment for sale, Cala Major, Palma Area, Mallorca

Completely refurbished 2 bedroom garden apartment ideally located in a quiet area with just a few neighbours and just a short walk from the beach. in Cala Mayor. With a sunny garden and cover...

REF: 219921
  • Floor Size: 62 square metres
  • Plot Size: 110 square metres (0.01 hectares / 0.03 acres)
  • Bedrooms: 2
More Info
12345678910>10 >>