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How a Plaça lunch cost a New York couple one million euros

Using a Notary Account for Mallorca Property Payments

Why notary or escrow accounts are safer for Mallorca property deposits and final payments.

Published: April 22, 2026
How a Plaça lunch cost a New York couple one million euros

Answer

Should property deposits in Mallorca go through a notary account?

That is usually the safer approach, especially for the final payment. A notary or recognised escrow account gives buyers more protection than transferring funds directly to a private or unclear corporate account. In Mallorca, it also helps to wait for registration in the land register before releasing the balance.

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