Visit our property blog if you want to be kept up to date about the most recent developments related to the property market in Spain and, especially, in Majorca – novamallorca.com

What is a lifetime mortgage?

Do you know what a lifetime mortgage is? Discover this new trend in today´s post! You may have already heard about the lifetime mortgage, a very attractive and increasingly common trend in real estate market. But what is it exactly? Let's say it´s a special type of sale focused on the elderly, in which an [...]

What should you look out for before buying a new house?

Are you planning on buying a house? Do you want to know what to look out for? Keep reading…. The search for a new home is a big adventure. Price, location, financing method, common facilities ... There are so many things to look out for, you may not even know where to start. That's why [...]

What are buyers looking for in Mallorca?

Which is the current buyer profile? What are they looking for when buying a house in Mallorca? The demand for housing in Mallorca has increased and continues to do so, a fact that confirms the recovery of the real estate sector on the island. No doubt it's good news, and there's some more! The demand [...]

What is an exclusive agreement contract and a shared exclusive one?

Do you want to know the differences between an exclusive agreement contract and a shared exclusive one? What advantages can it offer you? When it comes to selling a house, choosing the right real estate agency and the type of contract you are going to maintain with them, can tilt the balance. There are several [...]

How do appraisers value a home?

How do appraisers value a home? Before a home appraisal, it´s important for you to know the criteria used for it. Find out all about it on this post!! When buying or selling a home it´s very common to request a home appraisal and get to know the real value of the property. Without it, [...]

Easter in Majorca

Easter in Majorca is special Easter is full of traditions, and in Majorca nearly all of them are maintained. Keep reading and get to know every single one! Easter is special. It´s a celebration that brings together a religious character,with a popular and familiar one. It's the perfect moment to enjoy the numerous and exciting processions [...]

What is home staging?

What is home staging? How can it help you? Discover the revolution of home staging, a novelty in the hands of all. Preparing a home for a visit is not an easy matter but it can be the key to tip the buyer's balance. How to decorate the house? What lighting to use? Leave this [...]

Keys to a good offer

What are the keys to a good offer? When you've finally found the house of your dreams, it's time to make an offer. Get to know the keys to make it a success! Finding the perfect home is a big adventure. Visiting one and another, looking at this and that until you find the right [...]

Tips for first-time home buyers

Is it the first time you are buying a house? These tips for first-time home buyers are just what you are looking for! Buying a house is an important decision and, if it’s your first time, without a doubt a big challenge. There are many things to consider and you probably don’t know where to [...]

What documents are needed to apply for a mortgage?

Are you going to apply for a mortgage? It´s important for you to know the necessary documents. When applying for a mortgage there are key documents that you must have in hand. With these documents, the bank will evaluate your income and the property on which the mortgage constitutes to determine your chances of returning [...]