Author name: Article by Gabriel Buades

The Importance of Sale and Purchase Proceedings in the Spanish Hotel Sector Tourism activity in Spain is currently exceeding historical figures in terms of foreign tourist arrivals. In 2023, 85.1 million visits by international travelers were recorded. The Balearic Islands attract significant international tourism and offer an extensive range of hotels, increasingly focused on the

Welcome to Mallorca: How to Protect Paradise by Mallorca Preservation Foundation The Mediterranean beauty and rich cultural history make Mallorca a privileged place. As well as being a world-renowned tourist destination, Mallorca is home to an international community seeking to live the Mediterranean dream. However, this Balearic paradise, like many other natural destinations, is facing

The Wealth Tax in the Balearic Islands is Reduced, but Not Abolished The Parliament of the Balearic Islands has approved an amendment to the 2024 Budget that redefines the rules of the game for Wealth Tax in the region. The key modification raises the minimum exemption from this tax from seven hundred thousand euros (€700,000)

Legal Aspects of Buying a Luxury Home in the Balearic Islands The Balearic Islands, known for their natural beauty and Mediterranean climate, have become a highly desirable destination for those seeking luxury residential properties. The high-end residential market in these islands has experienced a significant boom in recent years, the exclusivity of the location, the

An Insider’s Guide to Additional Services to Consider After Purchasing a Luxury Property in Spain When buying a luxury property in Spain, one important thing to do as soon as you sign the deed is to take out home insurance tailored to your new property and needs. Home insurance is essential for many reasons as protecting valuable