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The real estate encyclopedia for Mallorca

Welcome to the compact real estate glossary for the Balearic Islands and the whole of Spain. Here you will find clearly explained terms relating to the buying and selling of real estate – especially in the Spanish context. This glossary does not claim to be exhaustive, but offers helpful orientation for anyone who wants to familiarize themselves with Spanish real estate law.

Please note: The contents do not replace individual advice. If you have any legal or tax-related questions, it is best to contact a specialist lawyer or an experienced gestoría to have your personal situation professionally examined.

B

D

  • DNI :: Documento Nacional de Identidad

E

F

  • Force Majeur clause
  • Vacation rental license

G

  • Building insurance
  • Gestoria
  • Profit tax
  • Real estate transfer tax
  • Property tax
  • Land register

H

  • Hacienda
  • Household contents insurance
  • Mortgage

I

J

K

  • Cadastral office
  • Cadastral number

L

M

  • Brokerage contract
  • Value added tax

N

O

  • Option contract
  • Obra mayor
  • Obra menor

P

Q

  • Withholding tax

R

  • Resident
  • Residencia

T

U

V

  • Property tax
  • Power of attorney
  • Insurance

Z

Legal notice:
The contents are provided to you by pura vida estate as non-binding service information. This information does not claim any right to completeness or validity. Please refer to our terms of use.

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