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Mallorca Living Blog

Discovering Coastal Authenticity with Lighthouse Living, Your Real Estate Agency in Portocolom

In the idyllic setting of the island of Mallorca, where the crystal-clear waters of the Mediterranean meet the rich maritime history, emerges a coastal treasure that embodies the essence of the charming fishing village of Portocolom. This magical corner, where tradition embraces modernity, presents itself to you with the expert assistance of Lighthouse Living, your real estate agency in Portocolom. From its Roman roots to its vibrant present, this article will delve into the wonders of Portocolom, exploring local authenticity with the expert guidance of Lighthouse Living, your reliable partner to discover exceptional real estate properties in this Mediterranean paradise. Exploring Maritime Beauty: Discovering Portocolom in Mallorca Mallorca, the jewel of the Mediterranean, is known for its picturesque landscapes, crystal-clear

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Who Pays the Real Estate Agent Fees in Spain?

In the exciting world of real estate, one of the most common questions that arises for both buyers and sellers is: Who pays the real estate agent fees in Spain? Understanding this aspect is essential for conducting a real estate transaction without financial surprises. In this article, we will clarify who usually covers the fees and what factors are involved in this process in the Spanish real estate market. Real Estate Agent Fees in a Sale in Spain Let’s begin by analyzing how real estate agent fees are handled in the context of a property sale in Spain. In most real estate transactions in this country, it is the sellers who assume the agent’s fees. These fees are typically a

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Here are the villages most requested by foreigners to buy a house in Mallorca.

The coastal areas of the island are once again the most sought after by those looking for housing in the summer. After a 2022 in which the purchase of real estate by foreigners decreased considerably during its last three months, dropping by up to 31%, it seems that those seeking a house in Mallorca are regaining interest and discovering new areas and municipalities where they can find a house to spend their vacations. The online portal Idealista has conducted a study about the municipalities with fewer than 5,000 inhabitants that are most searched and requested by buyers in Spain during the months of June and July. In a study carried out by the same portal last year, inland towns such

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Living the Dream: What It’s Like to Own a Property in Mallorca

If you’re from Germany or England, you may be familiar with the allure of Mallorca – the largest of the Balearic Islands and one of the most popular vacation spots in Europe. But what’s it like to own a property in Mallorca and live here year-round? Firstly, it’s important to note that Mallorca is an incredibly diverse island, offering something for everyone. Whether you’re looking for beautiful beaches, charming towns, stunning natural scenery, or a vibrant nightlife, you’ll find it all here. As a property owner in Mallorca, you’ll have the luxury of exploring all of these different areas and experiencing the island in a way that tourists never can. You’ll have the time to really get to know the

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Requirements for buying a house in Spain as a foreigner

In Spain, the price of housing in major cities is much lower compared to the rest of Europe, sometimes even up to four times lower. That’s why many foreign buyers decide to invest in real estate in Spain. The financial effort for them is much smaller compared to Spanish buyers. Furthermore, the profitability of housing in Spain is currently around 6.5% according to data from the Bank of Spain, making it a very attractive investment. Needless to say, the location, the country’s climate, its extensive coastline and impressive nature, and its excellent quality of life make Spain one of the favorite destinations to establish residence, acquire a vacation home, or for real estate investment. However, for foreigners unfamiliar with the

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Real estate market in the Balearic Islands: forecasts for the price of new and used properties for 2023

The price of housing in the Balearic Islands will continue to rise in 2023, both for properties for sale and for rental properties.  This is the forecast made by the Balearic Islands College and Association of Real Estate Agents (API) and Pisos.com. However, Luis Martín, the president of the Balearic Islands Business Association of Real Estate Developers (Proinba), expects prices to remain stable. Therefore, the anticipated economic recession will not have a significant impact on the real estate market in the islands, unlike what will happen in other areas of the mainland.  Ferran Font, the director of studies and spokesperson for Pisos.com, has reported that in some Autonomous Communities such as Extremadura, Cantabria, and Asturias, property prices have already started

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The Mediterranean Lifestyle in Mallorca

Mallorca, the beautiful Balearic island located in the Mediterranean, is known for its relaxed and enriching lifestyle. With its warm climate, stunning natural landscapes, and rich culture, Mallorca offers its residents and visitors a unique experience filled with Mediterranean charm. In this article, we will explore the Mediterranean lifestyle in Mallorca and discover what makes it so special. Mediterranean Cuisine and Local Flavors A fundamental part of the Mediterranean lifestyle in Mallorca is its exquisite gastronomy. The island boasts a wide variety of restaurants and local markets where one can enjoy delicious Mediterranean dishes. From fresh fish and seafood to flavorful salads with olive oil and aromatic herbs, food in Mallorca is a true delight for food lovers. Moreover, the

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The Energy Performance Certificate: What is it and why is it mandatory to have one to sell a property in Spain?

Since 2013, the Energy Performance Certificate (EPC) has been a mandatory requirement in Spain for the sale or rental of a property. But what exactly is the EPC and why is it important? The EPC is a document that rates the energy efficiency of a building or apartment. It is an instrument that provides information on the energy consumption and CO2 emissions of the property.  This document is presented in the form of an energy label, ranging from letter A (most efficient) to letter G (least efficient). The EPC is important because it allows buyers or tenants to know the energy efficiency of a property, which helps them make an informed decision.  The EPC can also help owners improve the

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Discover the hidden treasures of Southeast Mallorca: the most beautiful places you can’t miss.

Southeast Mallorca is a privileged area that boasts some of the most spectacular landscapes on the island.  From stunning crystal-clear beaches to charming picturesque villages, there is something for everyone in this region. In this article, we take you to discover the most beautiful places in Southeast Mallorca. Caló des Moro This small cove with white sand and turquoise waters is considered by many to be one of the most beautiful beaches on the island.  Located near Santanyí, it is a perfect place to enjoy the sun and relax in an impressive natural setting. Mondragó Natural Park This park is a real gem of nature. With an area of ​​more than 750 hectares, it has pristine beaches, natural trails, cliffs,

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The 5 most common mistakes made by property buyers in Mallorca

Buying a property in Mallorca is a big investment, and it’s important to avoid mistakes that can become costly in the long term. Below are the 5 most common mistakes made by property buyers in Mallorca, so that you can avoid them and make an informed and successful decision. Not doing enough research One of the most common mistakes made by property buyers in Mallorca is not doing enough research before making a decision. Make sure you know the different neighborhoods and areas, the current market prices, industry trends, and the legal and tax requirements necessary for buying a property in Mallorca. Not working with a local real estate agent Another common mistake is not working with a local real

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