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Buying a House in Mallorca: How to Avoid Costly Beginner Mistakes

Protecting yourself before signing a Mallorca property deal

Learn how to protect yourself in Mallorca when signing the initial contract for a home, including withdrawal penalties and protections.

Published: August 02, 2026
Buying a House in Mallorca: How to Avoid Costly Beginner Mistakes

Answer

What are the main risks to consider before signing a preliminary contract to buy a home in Mallorca?

In Mallorca, the preliminary contract (Contrato de Arras) is legally binding; withdrawing can cost up to ten percent of the purchase price. It’s important to include a withdrawal clause, clear deadlines, a financing contingency, and sanctions to protect yourself.

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