Buying property in Mallorca or Ibiza involves more than agreeing on a price. Reviewing the property's legal, planning, contractual and tax position in advance can help identify potential risks and provide greater legal certainty throughout the transaction.
The purchase of a property in Mallorca is often viewed primarily from a real estate perspective. Price, location, rental yield, and potential capital appreciation are usually the main factors influencing the decision. From a legal standpoint, however, there is another issue that can have a far greater long-term financial impact: the tax implications associated with tax residency.
The legal framework for short-term rentals in Spain changed in 2026. Several Supreme Court judgments annulled a significant part of the national Single Rental Register system created in 2024. However, this does not mean that the activity has been deregulated. Owners and investors must still consider the tourism, planning, homeowners’ association and European rules applicable to each property.
Technological transformation has changed not only the way we communicate, but also the way facts can be established before a court.
The way a property is acquired can be just as important as the asset itself. Choosing the right structure from the outset can reduce risks, optimise costs and provide greater legal certainty.