To purchase real estate in Majorca, you will need to follow these general steps:
Find a property that you are interested in and make an offer.
Hire a lawyer or real estate agent who specializes in Spanish property purchases to assist you with the legal process.
Sign a private purchase contract (contrato privado de compraventa) with the seller, which will include the price, payment terms, and any contingencies.
Pay a deposit, usually 10% of the purchase price.
Obtain a NIE (foreigner identification number) if you are a non-resident.
Obtain a mortgage or have the funds available to pay for the property in full.
Sign the title deed (escritura de compraventa) in front of a notary.
Register the property in your name with the Land Registry.
Pay the taxes and fees associated with the purchase.
It is important to consult with a lawyer or real estate agent who is well-versed in Spanish property laws, as the process can be complex and may vary depending on the specific property and your personal circumstances.