Do you already own a property in Mallorca but would like to sell it? Then you've come to the right place, because selling a property involves more than just placing an ad.
Personalized service, local market knowledge, and professional marketing for property owners in eastern Mallorca.
Teewinot Real Estate personally guides property owners through the sales process—from preparing and positioning your property to marketing and negotiating.
Request a personalized sales consultation with us:
Fewer properties. More focus.
“We don’t do more, we do less – better.”
We deliberately do not add just any number of properties to our portfolio. Instead of managing as many properties as possible at once, we focus on the properties we have taken on—and provide them with intensive, personalized support.
For you, this means:
- Personal contacts instead of anonymous support
- Knowledge of the property and its location
- Customized Positioning Instead of Standard Marketing
- Professional presentation and active marketing
- Support throughout the sales process, from preparation to closing
Why Property Owners Sell with Teewinot
- Personalized Service
At Teewinot, you’ll have dedicated representatives who will guide you through the sales process and know your property inside and out. - Local Market Knowledge
Our focus is on eastern Mallorca. We are familiar with the various micro-locations and the unique characteristics of the regional real estate market. - Professional Marketing
We strategically position your property, present it professionally, and personally assist potential buyers.
's Structured Sales Process: From gathering the necessary documents to coordinating the sale, we oversee the entire process.- Professional Partners
For legal and tax matters, we collaborate with the appropriate specialists as needed.
How much is your property in Mallorca worth?
A thorough appraisal is the first step toward a successful sale.
Before a property is professionally marketed, it should be clear where it can be properly positioned in the market. To prepare your property appraisal, we first need as complete a set of information as possible about your property. Among other things, we are interested in:
- Location and Place
- Property type
- Size of the Property and Buildings
- Features and Condition
- Existing Documents
- Special Features of Your Property
- Your planned sale date
To provide a specific monetary appraisal, we will then schedule an on-site appointment. During this visit, we can record the relevant details of your property and incorporate them into the appraisal. You will then receive a written appraisal with the relevant parameters clearly laid out for you.
Request a real estate appraisal:
Selling Your Property—Step by Step
01 – Getting to Know Each Other
We'll talk with you about your property and your personal sales goals.
02 – Assessment
We analyze your property, its location, and the relevant market conditions.
03 – Positioning
We develop the right strategy for marketing your property.
04 – Marketing
Your property will be professionally showcased, and potential buyers will receive comprehensive support.
05 – Negotiation & Closing
From the initial negotiation to the successful closing of the sale, we're right by your side.
We don't just focus on marketing.
We keep a close eye on the entire sales process.
Selling a property doesn't end with a good property listing. That's why, in addition to marketing, we also consider the other steps that are essential to a smooth sales process. These include, among other things:
- Review of the relevant sales documents
- Support and Review of the Preliminary Agreement
- Coordination with legal partners and notaries
- Preparing for the Notary Appointment
- Coordinating the next steps in the sales process
This ensures that your property is not only marketed professionally, but also optimally prepared for the rest of the sales process.
What documents are required for the sale?
Depending on the property, the following documents, among others, may be relevant:
- Notarial deed of ownership (Escritura)
- Land register extract (Nota Registral)
- Cadastral Extract (Nota Catastral)
- Building Permit (Licencia de Obra)
- Final Inspection (Final de Obra)
- Proof of payment of property tax (IBI) and refuse fee (Basura)
- Certificate of Habitability (Cédula de Habitabilidad)
- Utility service contracts and, if applicable, well permits
- Energy Efficiency Certificate (CEE)
- Building Certificate (IEE/ITE)
- Construction Plans and Floor Plans
- Inventory list, if specific furnishings are included in the sale
It is a good idea to create a photo inventory list to avoid any misunderstandings.
If any documents are missing or information needs to be updated, we can work together to determine what is required for a proper sale.
Tax Considerations When Selling Real Estate
When selling real estate in Mallorca, various tax considerations may apply—depending, among other things, on whether you are a resident, a non-resident, or a corporation. We have summarized the most important points below. Important: This tax information is provided for general guidance only and is not a substitute for individual tax or legal advice.
1. Taxation of Profits for Non-Residents
- Who? Non-residents
- Amount: 19 % of the sale profit (difference between sale proceeds and acquisition costs; crediting of investments made and costs borne possible)
- Area of application: If the seller is not resident in Spain for tax purposes, the buyer must withhold 3% of the purchase price as an advance payment on the seller's income tax and pay it to the tax authorities. This is normally done at the time of the notarization of the notarial deed of sale and is carried out there by the buyer's lawyer or tax advisor. The purpose of this legal regulation is simply to prevent the Spanish tax authorities from allowing non-residents to sell their property and leave Spain without paying the statutory taxes. If the sum of these 3% is higher than the seller's profit on the sale, the seller is entitled to a refund from the tax office; if the profit on the sale is higher, the difference must be paid retrospectively. A profit tax return must be submitted within 4 months of the notarized sale date.
2. Taxation of Profits for Residents
- Who? Residents
- The profit is subject to the progressive rate of capital gains tax.
- Amount: 19 % - 28 % of the sales profit (difference between sales proceeds and acquisition costs; offsetting of investments made and costs incurred possible)
- < 6.000 € = 19 %
- 6,001 € to 50,000 € = 21 %
- 50.001 € - 200.000 € = 23 %
- 200.001 € - 300.000 € = 27 %
- > € 300,001 = 28 % (maximum tax on the remaining profit)
- Area of application: If the seller is a resident, no down payment by the buyer is necessary.
- Residents are exempt from tax if they sell their main residence and acquire a new main residence. They can be exempted from paying profit tax within two years before and after the sale (only main residence, not second residence).
- The tax return and taxation of the profit is made in the income tax return of the year of the sale, which must be filed by June 30 of the following year.
3. Taxation of Corporate Profits
- Field of application: If the seller is a Spanish company (e.g. an S.L.), profit taxation is applicable to the difference between the sales proceeds and the book value.
- Who. Legal entities, such as an S.L.
- Amount: 25% corporate income tax
4. Municipal Capital Gains Tax (Plusvalía Municipal)
- Taxes the increase in value of the property since the last change of ownership.
- Calculated by the city administration (Ayuntamiento) on the basis of:
- Cadastral value
- Number of years in possession (max. 20 years)
- Municipality's own tax rate (on Mallorca usually between 15 and 30 % of the increase in land value)
- This tax is generally paid by the seller or owner, unless the contract stipulates otherwise.
- Who. All owners, i.e. residents, non-residents and companies.