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.

217 properties

Search Options

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

2 bedroom apartment for sale, San Agustin, Palma Area, Mallorca
340,000 EUR

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

Cosy and well maintained 2 bedroom, 2nd floor apartment, with a total living area of 92m2 plus a 15m2 terrace, located in the San Agustin area of Palma, in a quiet setting on the edge of a wood.

REF: 221644
  • Floor Size: 92 square metres
  • Bedrooms: 2
More Info

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

6 bedroom villa for sale, Son Vida, Palma Area, Mallorca
3,500,000 EUR

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

Spectacular 6 bedroom villa, with a vast total living area of 600m2, ideally situated within one of the most desirable areas in the whole of Mallorca. Son Vida, which is an exclusive location just a s...

REF: 221581
  • Floor Size: 600 square metres
  • Plot Size: 2,000 square metres (0.20 hectares / 0.49 acres)
  • Bedrooms: 6
More Info

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca
1,570,000 EUR

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca

Luxurious newly built 3 bedroom penthouse apartment, with a modern and spacious living area of 136m2, plus a large 115m2 roof terrace, ideally situated within a new development located between Son Esp...

REF: 221550
  • Floor Size: 136 square metres
  • Plot Size: 115 square metres (0.01 hectares / 0.03 acres)
  • Bedrooms: 3
More Info

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca
1,500,000 EUR

3 bedroom penthouse for sale, Santa Catalina, Palma Area, Mallorca

Luxurious 3 bedroom penthouse apartment, with a total bright and spacious living area of 170m2, plus a 110m2 outside area, ideally situated in Santa Catalina, which is a prime central area of Palma.

REF: 221500
  • Floor Size: 170 square metres
  • Plot Size: 110 square metres (0.01 hectares / 0.03 acres)
  • Bedrooms: 3
More Info

5 bedroom villa for sale, Palma, Palma Area, Mallorca

5 bedroom villa for sale, Palma, Palma Area, Mallorca
895,000 EUR

5 bedroom villa for sale, Palma, Palma Area, Mallorca

Superb 5 bedroom, 3 bathroom villa, with a total spacious living area of 263m2, ideally situated within a quiet residential area in the city of Palma, close to all amenities, schools, shops and just a...

REF: 221488
  • Floor Size: 263 square metres
  • Plot Size: 293 square metres (0.03 hectares / 0.07 acres)
  • Bedrooms: 5
More Info

2 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

2 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca
420,000 EUR

2 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

Well presented 2 bedroom penthouse apartment, with a total living area of 76m2, plus a 15m2 outside area, ideally located in the old town of Palma, where beautiful architecture meets excellent shoppin...

REF: 221483
  • Floor Size: 76 square metres
  • Plot Size: 15 square metres (0.00 hectares / 0.00 acres)
  • Bedrooms: 2
More Info

4 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

4 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca
4,400,000 EUR

4 bedroom penthouse for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

Luxurious 4 bedroom penthouse apartment, with a total spacious living area of 293m2 which is set out over 2 floors, ideally situated in a new development in the exclusive Paseo Maritimo area on Palma'...

REF: 221480
  • Floor Size: 293 square metres
  • Bedrooms: 4
More Info

1 bedroom apartment for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

1 bedroom apartment for sale, Paseo Maritimo, Palma, Palma Area, Mallorca
750,000 EUR

1 bedroom apartment for sale, Paseo Maritimo, Palma, Palma Area, Mallorca

Luxurious 1 bedroom apartment ideally situated within the exclusive Paseo Maritimo area on Palma's promenade, with spectacular sea views. With a superb and total spacious living area of 105m2, ...

REF: 221479
  • Floor Size: 105 square metres
  • Bedrooms: 1
More Info

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

3 bedroom villa for sale, Palma City, Palma Area, Mallorca
575,000 EUR

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

Traditional and spacious 3 bedroom villa located in a quiet residential area in the Son Rapinya area of Palma, with an elegant total living area of 150m2 and set within a south-east facing plot of 306...

REF: 221474
  • Floor Size: 150 square metres
  • Plot Size: 305 square metres (0.03 hectares / 0.08 acres)
  • Bedrooms: 3
More Info

7 bedroom villa for sale, Port d'Andratx, Palma Area, Mallorca

7 bedroom villa for sale, Port d
14,000,000 EUR

7 bedroom villa for sale, Port d'Andratx, Palma Area, Mallorca

Modern, spacious and luxurious 7 bedroom villa, with a vast total living area of 850m2, set within an elevated and mature landscaped plot of 1,941m2 with an infinity swimming pool and lovely views ove...

REF: 221438
  • Floor Size: 850 square metres
  • Plot Size: 1,941 square metres (0.19 hectares / 0.48 acres)
  • Bedrooms: 7
More Info
12345678910>10 >>