The cost of ownership of Mallorca Property

There are some obvious costs of owning a holiday property in Mallorca but not all of them are initially apparent. Firstly you will have to ensure that you have standing orders set-up with your bank to cover these, and of course, sufficient funds! At best, in the case of some municipal taxes, expect a surcharge but at worst, in the case of utilities, the last thing that you want is to be cut off, especially if you are arriving late at night and want a nice refreshing shower only to find no ...

Things to Consider When Looking to Buy

So you've got your mortgage loan approval and are ready to look for a home. Here's a couple of ideas to keep in mind when looking for the right home for you. If you love gardening, you'll enjoy finding a home with a large yard, maybe something with ornamental shrubs or even a vegetable garden. Existing gardens or not, a green thumb can make any yard beautiful. However, if you've got no time for working in the garden, you'll prefer a low-maintenance, small yard. In fact, a town home with a ...

The Right Time to Buy your First Home

There are many economic and market forecasts and predictions, however the bottom line is if you want to buy your first home—there is no wrong time. There is because the motivation to buy is not determined by regional market conditions or by location. Industry opinions, economic reports and investor speculation do not sway or predict when a particular individual will be ready to buy. For the great majority of folks, the most compelling reasons to buy a home are based on individual circumstances ...