Imagine waking up every morning to bright sunshine, surrounded by breathtaking nature, historical beauty and the gentle sound of the sea. Mallorca, the pearl of the Mediterranean, is not only a popular vacation destination, but also a sought-after place for those who want to realize their dream of owning a vacation home. If you're thinking of securing a piece of this paradise, let me show you what makes...
The Balearic government has raised the threshold for wealth tax from €700,000 to €3 million per person. Property owners in Mallorca will benefit from this adjustment. For example, a married couple with assets of up to €6 million are exempt from wealth tax. This new regulation is one of many reasons why a further continuous increase in the value of real estate in Mallorca can be expected. Other...
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