Mallorca

Imagine waking up every morning to bright sunshine, surrounded by breathtaking nature, historical beauty and the gentle murmur of the sea. Mallorca, the pearl of the Mediterranean, is not only a popular holiday destination, but also a coveted place for those wishing to realise the dream of a holiday property. If you are considering buying a piece of...

The Balearic government has raised the wealth tax threshold from €700,000 to €3 million per person. Owners of properties in Mallorca will benefit from this adjustment. For example, a married couple with assets of up to €6 million will be exempt from wealth tax. This new regulation is one of many reasons why further...