It may come as a surprise to many buyers that before buying a house in Mallorca it is necessary to check it. Shouldn’t everything be checked before putting it on the market?
Yes, but the reality is that this is not the case. The seller can sell his property in the physical and legal state it is in and the intermediary or marketer is not responsible for any vices, defects or irregularities that may exist.
Who should do the checks before buying a house in Mallorca?
The answer is the reverse. Who should not do them? Do not let the seller, his agent or an advisor recommended by them, tell you what the state of the property is.
What are the essential checks when buying a house in Mallorca?
Legal status. Mallorca is full of properties with parts built without a license. The consequences of this situation can vary. From never being able to reform them, to receiving a fine or in the worst scenario, a demolition order. Before buying you must know the urbanistic status of the property and neither the seller, nor the agent, nor the notary can guarantee that it is the correct one.
State of encumbrances. Any property may have third party rights.
The most common are mortgages, rights of way, right of habitation, etc…
These encumbrances must be eliminated before buying the property to avoid the transfer to the new owner.
Fiscal charges. The purchase and sale of a property implies the payment of taxes. If the seller did not pay the corresponding taxes when he bought the house, the tax authorities can claim them from the new owner. It is therefore necessary to check that the corresponding payment was made. Similarly, if the seller does not pay the municipal taxes on the sale, the new owner may have to pay those taxes, so it is important to withhold the necessary amounts.
Must do check before buying a house in Mallorca includes also physical verifications as hot water installations, the state of floors, dampness, windows, etc…
Don’t be tricked into buying a risky property. The authorities in Mallorca are increasing their efforts of prosecuting illegal builds. With this in mind, buying a house without the proper certifications will undoubtedly result in unforeseen consequences. I’m offering you the opportunity to test my expertise with a FREE RISK REPORT of your future property purchase.