GUIDE TO BUYING, SELLING OR RENTING A PROPERTY IN MALLORCA

As a buyer, we understand that, not only do you want to find the right property for you and your family, but you will ultimately be seeking the best advice available, whether from friends, family, acquaintances or third parties, with first hand experience to guide you through the do’s and don’ts of buying property in Mallorca.

The information that follows is aimed at providing just that, a step by step guide that will help you every step of the way. From the first step of familiarising you with the possible location of your new home, to making an offer right through to the final step of completion – nearly as personalised as first hand experience from a friend or family member, and certainly more precise.

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As a seller, we will help you to represent your property in the best possible light. Firstly we advertise your property on the major search engines, as well as with the key local and international newspapers. Next, we give your potential buyer a greater, more detailed overview of your property than most real estate agents, in addition to offering information on the location and the facilities available within close proximity.

This will make the second stage easier, leaving only those who are really interested in your property to contact you DIRECTLY. Dealing directly with your potential buyer may take up a little bit more of your time, arranging where and when to meet, etc., but ultimately, it will enable you to get acquainted with your potential buyer, and not have to wait for the Estate Agent to update you on the progress of an interested party. AND of course, saving both parties a lot of money!

The following information has been compiled in order to help you understand some of the most important aspects to think about prior to putting your property on the market here in Mallorca . It provides an overview of the key legal requirements, the necessary documentation and information your buyers will require, answers some of the questions you may have about the process of selling your own home , and offers you a few helpful tips to help you prepare your home in order to give your potential buyers the best possible impact.

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If you have a holiday home on the Island, letting out your property is certainly something to consider as a good way to cover some of the costs of maintaining it, and is usually a much better option than leaving it empty most of the year. Equally as an investment and possible future pension income, (and considering the low interest rates at the moment) a rental property could be a consideration due to the strong property market here, and with all the cheap ticket-less airlines coming into Palma these days.

However, just because the idea of letting your property out seems attractive to you, it does not mean that you should dive right in and put your property on the Web to market it yourself directly, or even on the books of a lettings agent without a second thought. mallorcapropertydirect.com has compiled the following guide to give you a few helpful tips before you start venturing down this road, and to assist you in the process to help you along the way.

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