Gatehouse International Property For Sale

Mallorca Buyers guide

Guide to Buying on the Island of Mallorca:

Here are some answers to a few frequently asked questions. If you intend to buy a property on Mallorca, the system is the same as the Spanish Mainland legal system. Go to our page on “how to buy a property in Spain” here.

Can I afford to buy a property in Mallorca?
 
Would I need a Spanish mortgage?
 
What’s the property market like in Mallorca?
 
Is the health care good in Mallorca?
 
 
 Q: Can I afford to buy a property in Mallorca?
 A: With UK property prices increasing, many people are using equity from their current home to fund a foreign purchase.Top of pageTop of page Q: Would I need a Spanish mortgage?
 A: Spanish mortgages are available usually to a maximum of 70% of the value of the property and as in the UK are subject to status.

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 Q: What’s the property market like in Mallorca?
 A: The Mallorca property market is very robust, with expected price increases ranging from 10%-25% depending on area.

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 Q: Is the health care good in Mallorca?
 A: Spanish healthcare in general is very good and in Mallorca the standards are very high. Healthcare is available to all EU citizens. You will require an E1-11 form, which can be obtained and stamped at your local UK post office.

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Visit our full selection of villas, houses and apartments for sale in Mallorca here

Gatehouse International Property For Sale