It’s 2020, and Spain’s new coalition government led by PSOE & Podemos (We Can) are contemplating putting into effect “bilateral” agreements in the cities with “tense” rental market situations, which will allow them to better address the need for housing, as well as holding both sides in the bilateral agreement accountable for the conditions of […]Continue reading
In the past few years there has been a resurgence in new developments on the islands of Mallorca, Menorca and Ibiza, leading to a rise in the percentage of properties being bought and sold off-plan. After the economic crisis that started in 2007, confidence has been restored in these investments due to increased support from banks. […]Continue reading
When buying a property, it is vital to know what documents and legalities are required for everything to be in order. In this article you will find out how to avoid common mistakes when purchasing a home in Mallorca, Menorca and Ibiza, taking into account different types of purchases and peculiarities. Buying A Brand New […]Continue reading
What you need to know about IRPH Home owners in Mallorca, Menorca and Ibiza might see themselves affected by one of the largest rulings of the year relating to banks, loans and a lot of interest. It’s all centred around the IRPH, but what exactly is the IRPH? What is IRPH? IRPH is the Mortgage […]Continue reading
Here at Mallorca Law, we strive to be the best at what we do when it comes to legal assistance with properties in Mallorca, and take pride in being able to advise our clients be it legal, judicial or extrajudicial matters. Benefitting from many years of experience in the sector, and with team members born […]Continue reading
Financing the purchase of a home with a mortgage does not only involve paying your mortgage instalment regularly, which can be broken down into the repayment and added interest. There are also other expenses that must be taken into account, which until recently were almost always passed on to the client. After hundreds and hundreds […]Continue reading
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