Bought a Property in Mallorca - What's Next?

After purchasing a property in Mallorca, there are several tasks that need to be completed, including transferring the ownership of your new property and setting up contracts with local utility providers. To ensure you don't have to handle this burden alone, FALC Real Estate collaborates with various partners to offer you a wide range of after-sales services. We are here to help you stay organized and ensure everything runs smoothly.

Transfer of Property Tax Payment at the Tax Office

The transfer of property tax payment is an important step after acquiring a property in Mallorca. We are happy to assist you with this process. Annual tax payments in Mallorca are due at the end of the year, and no payment reminder is sent. You must remember the deadline and pay your taxes on time. All individuals registered as owners of a Mallorcan property on January 1st are required to pay the tax. After the purchase and transfer of the property, it is also important to ensure that the land registry accurately reflects the portion of taxes to be paid by the buyer and seller.

Transfer with Property Management

After purchasing a property, transferring ownership with the property management is another important step. As the new owner, you must ensure that you are registered in the land registry. The transfer usually takes 30 to 60 days and should be initiated immediately after signing the purchase contract. We are here to support you so that you do not have to manage this alone. We would be happy to provide you with more information in a detailed conversation.

Transfer with Utility Providers

To live comfortably in your property, you must also consider electricity, water, and gas supply. For changing these contracts, you need the so-called certificate of habitability. This certificate is required before and for the purchase and should not be an obstacle for you as a new property owner. Prices can vary significantly between different providers. Therefore, we are here to advise you, compare the various offers, and guide you through the Spanish contracts.

Applying for Telephone and Internet Connection

A telephone and internet connection is now an essential part of any property. Therefore, we assist you in reviewing and selecting providers, as each offers different services at varying prices. FALC Real Estate provides you with the necessary clarity when it comes to choosing a telephone and internet connection. Contact us after your property purchase, and we will begin the search.