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Lujocasa ruling: Why Mallorca must finally address the causes of real estate fraud

Advance Payments for Mallorca Off-Plan Property: What Buyers Should Know

Learn why advance payments for Mallorca property can be risky and what protections buyers should ask for.

Published: April 21, 2026
Lujocasa ruling: Why Mallorca must finally address the causes of real estate fraud

Answer

Are advance payments for off-plan property safe in Mallorca?

Advance payments can be risky if the money is not held in a protected account or backed by a bank guarantee. In Mallorca, buyers should be especially careful when deposits are requested before building work has really started or before permits are confirmed. A secure payment structure is one of the most important protections a buyer can ask for.

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