Tips for Buying a Villa in Mallorca

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TIPS FOR BUYING A VILLA IN MALLORCA
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It is very different to buy a property in Spain
than any other European country. Some most
important facts have been compiled here under to
ensure the purchase of a legal property in
Mallorca. The information provided in this
write-up is not official legal advice but can be
highly beneficial for the first time buyers.
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FIND A SUITABLE VILLA
In order to buy a villa in Mallorca you will have
to first of all, search for a suitable one. Some
lucky people can find a suitable home in few
attempts whereas some may spend years for this
purpose. So whilst searching for suitable real
estate in Mallorca you can also hire a reputable
real estate agent to help you in this regard.
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LOCATION AND TYPE OF VILLA
Whilst hiring an agent you should make up your
mind about the type of villa that you want and
its probable location so that your agent can find
it for you as soon as possible. You cannot make a
final decision, even after visiting some of the
properties in different areas in Mallorca unless
you have prepared your mind in this regard. It
will help you to buy the right property, as you
will be able to decide after studying the value
of real estate in that area. It will also help
you in getting the fair and realistic value for
money, by negotiating properly with the seller.
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COMPROMISE ALWAYS PAYS
When buying a pre-constructed villa it can be
beneficial sometimes to compromise to some
extent, as you may not always get exactly what
you want. You may not always be able to agree
with your spouse or partner on your ideal
attributes for a property, even if you build a
house yourselves. So while buying a home in
Mallorca you should draw up a list of important
criteria that you both agree on, so that you can
choose one that will make both of you happy.
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ENSURE YOUR PRIVACY
While finding a villa in a prospective building
project you should ensure that you have enough
space around to protect your privacy.
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ENSURE THE PROTECTION OFFERED BY THE LAW
The developer should legally provide bank
guarantees or an insurance policy, if you are
buying a villa or project which is under
construction, then this will protect the money
you have invested, if the project is not
completed as per pre-settled terms and contracts.
You may also ask for some proof of permissions of
the building plan, licenses, ownership and
insurance against the defects in the building
from the developers to ensure the safety your
investment in the real estate in Mallorca.
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CONTACT US
Address Carrer de Gran Via, 43, El Toro,
Puerto Adriano 07180 Mallorca, SPAIN
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Website www.uniquemallorca.com