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Life in Mallorca
El Molinar is a former agricultural and fishing village by the Mediterranean which is now an area filled with local restaurants, small cafes, sandy beaches and a charming harbour. If you want to eat out but not be in the centre of Palma, but at the same time not drive too far, or maybe even walk, then we can really recommend you to go to El Molinar with its large selection of restaurants. Some of the restaurants we can recommend in the area are Mola Molinar, Restaurante Club Maritimo Molinar and Ola del Mar. Mola Molinar is a newly opened restaurant with an exquisite menu. This cosy restaurant lays on the shore line with spectacular views of the horizon. It serves healthy meals with special spices and vegetables which inspire […]
Think and make a list of what you need out of a property. Research locations and contact a recommended real estate agency. Try to find a good recommended agency that listens to what you want and not just what they want to sell to you and book viewings. Once you have found the property you would like to buy you must take into account the following: 1. Get a NIE number – As a foreigner you need to obtain a NIE number (número de identificación de extranjeros) required for the payment of taxes in Spain. Your deed (“escritura”) will not be granted without a NIE number. 2. Open a bank account – Why do you need to open a bank account in Spain? If you purchase a Spanish property, sooner […]
Water in Mallorca is very different from water sources in other countries. So how do you go about getting safe drinking water without contributing to the plastic problem? Plastic bottled water is what most newcomers to Mallorca turn to as it is a quick option to obtain safe drinking water. The truth is most of the bottled water bought in supermarkets are not taken from the pristine, natural surrounding as advertised on their bottles. In fact, the majority of the water in plastic bottles comes from filtered tap water. In addition, bottled water on average is 600 times more expensive than tap water. And obviously, there is also the impact of the plastic on the environment. These single-use water bottles take large amounts of energy to produce and toxic chemicals […]
Below you will find a brief summary of taxes that you as a non-resident will be obliged to pay to the Spanish authorities as a consequence of owning property in Spain. Some of the taxes are involved in the purchase of a property and others in the sale of the property. Taxes when purchasing a property: 1. Transfer tax – “Impuesto sobre Transmisiones Patrimoniales” (ITP) This is payable in situations where there is no VAT e.g when it is a resale property or a purchase of a second-hand property. The tax is due upon signing the contract of sale. As a general rule, transfer tax is 7% of the purchase price. However, many regions apply their own rate of tax. 2. Stämpelskatt (”Impuesto sobre transmisiones”) This is a tax that you will […]
It is possible to purchase a property via a Spanish Limited company, i.e. S.L. If this is something you are thinking of doing, it would be advisable to appoint a local lawyer to help you with the legalities. First thing you must do is obtain your identification number as a non-Spanish citizen, the so called NIE number. Read more about it in our previous blog entry ” Spanish NIE number”. The next step would be to apply for the certification of the company name. You will receive a certificate, certifying that you are the only person to own this particular company name. Once you have this document you need to open a business bank account in Spain, in the name of your new company and deposit the minimum investment amount. The […]
Catany Boats is a boat club and boat sales company based in Santa Ponsa, Mallorca, with 6 motor boats to choose from. The Club offers you a hassle-free boat experience, for a year’s membership. You can choose to enjoy one boat or all 6 of the fleet’s, to pick the best suited for each day and with just a click, you can make your bookings. As a member, you just have to choose how many days a month you want to enjoy a boat and only worry about living the boating experience. The founders of the company are English and Majorcan, lovers of the sea and of Mallorca. They love to sail along the coast enjoying the variety of landscapes that the island offers. They think that it’s a privilege […]
There are many lovely beaches in Majorca to discover and worth visiting. Here below you will find a selection of some of our favourite beaches to visit. Playa de Formentor is in the top 3 of the beaches of Europe and in the top 25 of the best sandbanks in the world. It is located in the north-eastern part of Majorca. With its about 1 kilometre long white sand beach and sparkling green-blue waters, framed by a wooded landscape and views of the Tramuntana, this is truly a paradise beach. The beach is very popular with tourists who also make their way north for the scenic views at the Cap de Formentor, the farthest point on the island that ends in a lighthouse, and from where you can see Menorca on […]
To move to, or at least purchase a property in Spain, is a dream come true for many foreigners nowadays. One of the first things you would have to do is apply for a NIE number, which you will need by the time you sign the deeds before the notary. What is a NIE number then? The Spanish NIE number acts as a tax and identification number, and is used in all fiscal transactions that involve the Spanish tax office. A NIE number is mandatory for all foreigners with financial, professional or social affairs in Spain, regardless of whether they are a resident or non-resident in Spain. How does one apply for the Spanish NIE number? There are three ways to apply for it: 1. Apply in person. 2. Apply in person via a Spanish Consulate abroad. 3. Apply […]
When summer arrives, one of the best options is to approach the beach, enjoy the sun and the sea and, if possible, have a drink on the beach. Mallorca has a wide range of beach bars, the so called “chiringuitos” where you can have a snack, munch something or even enjoy haute cuisine. Here are some of our tips: Il Chiringo Il Chiringo, located in Palmanova and its cool chilled-out atmosphere offers very good food and an excellent service. This place gets crowded especially during weekend nights in summer when they have a DJ in place. Cala Sa Nau Cala Sa Nau is the name of the beach bar located right on the soft sand of the small bay with the very same name, between Porto Colom and Cala d’Or. On the menu, […]
Mallorcaresidencia has decided to ride the wave towards a plastic free world and have therefore joined the Cleanwave movement which aims to preserve the Mediterranean Sea and to eliminate the daily use of all plastic bottles. Cleanwave is a dynamic movement of likeminded individuals who recognise the urgent need to provide sustainable alternatives to single use disposable plastic bottles on the Balearics and beyond. In the Balearic Islands, we consume 1.5 million plastic bottles a day. Cleanwave believes that drinking water should be freely accessible and set out to minimize plastic waste through the sale of stainless steel bottles, sustainably sourced and produced with minimum environmental impact and easy to clean. Being one of Cleanwave’s refill stations, you can purchase the bottle with us. The Cleanwave bottle is not a […]