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Tips for Buying a Villa in Mallorca

The information provided in this presentation is not official legal advice but can be highly beneficial for the first time buyers. To know more visit at Unique Mallorca site (www.uniquemallorca.com)

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Tips for Buying a Villa in Mallorca

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  1. TIPS FOR BUYING A VILLA IN MALLORCA

  2. 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.

  3. 1 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.

  4. 2 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.

  5. 3 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.

  6. 4 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.

  7. 5 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.

  8. CONTACT US Address: Carrerde Gran Via, 43, El Toro, Puerto Adriano 07180 Mallorca, SPAIN facebook.com/Unique.Mallorca.Property plus.google.com/+Uniquemallorcaproperty Phone: +34 971 699 329 pinterest.com/uniquemallorca1 Fax: +34 871 570 529 Email: info@uniquemallorca.com twitter.com/UniqueMallorca Website: www.uniquemallorca.com

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