Real Estate Agency in Mallorca for Selling Renovation Properties
Myorca Properties – the real estate agency in Palma de Mallorca with a focus:
Only houses and apartments that would benefit from renovation
Only properties in Palma de Mallorca and surroundings
This specialisation makes all the difference. We sell renovation properties faster – with no distractions from rentals, new builds or fincas at the far end of the island.
No additional costs for sellers
There are no additional costs for sellers. We charge the same commission as most other real estate agencies in Mallorca.
Your benefits when selling a property in Mallorca with us:
We handle a small portfolio of properties – ensuring maximum commitment to selling yours.
Our in-house architect prepares a full renovation plan – free of charge. We present your property as it will look after renovation: with appealing images, modern design, and an optimised floor plan.
We make your property attractive even to buyers who do not want to renovate. We uncover the true value of your property – and provide the full picture on the renovation. After the sale, we can manage the renovation for the new owner.
This approach makes it easy for buyers to choose your house or apartment.
Myorca Properties: high-impact presentation, expert guidance, increased demand and a faster sale – at no extra cost to you.
Presentation that sells
One reason for our success is how we present properties for sale.
Other estate agents usually show properties as they are - with photos of old kitchens or bathrooms that put buyers off.
Myorca Properties shows what your property could look like after renovation - using digital images (renders) that spark interest.
A few examples:
Typical listing photo:
Myorca Properties:
Typical listing photo:
Myorca Properties:
Typical listing photo:
Myorca Properties:
Typical listing photo:
Myorca Properties:
Typical listing photo:
Myorca Properties:
Browse our listings and judge for yourself:
FAQ – Frequently Asked Questions about selling property in Mallorca
Selling a property with Myorca Properties
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Often, less is more. We offer quality over quantity:
Focused solely on selling renovation properties in Palma and the surrounding area – no distractions from rentals, new builds, or fincas at the far end of the island.
A small portfolio – maximum commitment to your sale.
You’ll always deal directly with the founders – and benefit from our market and construction expertise.
The Myorca Method – How we work:
Attractive digital images: Instead of dull photos of the current state, we present digital visualisations of the renovated property. These images attract buyers.
Free renovation planning: Our architect prepares a full renovation project –free of charge– including a modern layout and renovation costs. Buyers understand your property’s true value.
We can renovate for the buyer: After the sale, once you've received your money, we can renovate for the new owner – making your property a safe, straightforward choice.
Your advantages as a seller:
1. No extra costs for sellers
We charge the standard local real estate agency commission upon successful sale.
Our preparatory work – such as our architect’s renovation planning – is included, at no additional cost to you.
2. Daily commitment to your sale – you're always kept informed
A small selection of houses and apartments, close contact with owners, regular reports and buyer feedback – you always know where things stand with the sale of your property.
3. Presentation that sells
Photos of old-fashioned kitchens or bathrooms put buyers off.
Our attractive computer visualisations draw buyers in and show your property's potential.
The result: more enquiries, more viewings, and a faster sale.
4. We reach buyers who'd normally avoid renovation properties
Many buyers shy away from properties that need renovation – too much hassle, too much risk.
These are exactly the buyers we win over: emotionally, through appealing images; rationally, through transparent costs; and practically, through our turnkey renovation service.
We make renovating simple – and win over buyers who would otherwise never have considered your property.
5. Expert advice
Dirk Merkel, our construction expert, has renovated around 250 properties since 1997.
This know-how allows us to give buyers reliable guidance – building trust and speeding up the sale of your property.
We create added value for both sellers and buyers. That's why we often sell renovation properties in Mallorca faster.
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As real estate agency, Myorca Properties specialises in selling apartments and houses in need of renovation.
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We focus on selling houses and apartments in Palma de Mallorca and within about a 30-minute drive of the city.
This includes areas such as Illetes, Bendinat, Costa d'en Blanes, Palmanova, Santa Ponça, Calvià, Puigpunyent, Esporles, Valldemossa, Bunyola, Santa Maria, Marratxí, Son Verí Nou and Llucmajor.
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Myorca Properties has access to national and international buyers looking to buy a house or an apartment in Mallorca.
Here's how we give your property visibility:
Client database: from day one, we inform all active buyers looking for a matching property.
Our website: your house or apartment is presented in four languages.
Property portals: both in Spain and abroad.
Social media: across various platforms.
Network: we also find buyers through personal contacts.
Good to know: since we publish computer renders rather than photos, it's unlikely that neighbours will recognise your property.
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We place great importance on well-organised, productive viewings:
Before a viewing, we speak with prospective buyers by phone. This way we can judge whether your property is a good fit, avoiding unnecessary viewings.
We give as much advance notice of viewings as possible.
Before each viewing, you receive the name and country of origin of the visitor ("client protection"). This lets you check whether they’ve viewed the property before.
Every viewing is conducted by one of our founders.
We know every property inside out, having already planned the renovation – so we can advise buyers with confidence.
Afterwards, we clarify any outstanding questions from the buyer.
A few days later, we report back to you on the buyer's feedback.
Further down, we explain the typical sales process – from offer to notary appointment.
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Myorca Properties charges the standard real estate agency commission of 5% of the sale price plus IVA (VAT).
For this fee, we provide services that hardly any other real estate agent in Mallorca can offer: a professional renovation plan, optimised floor plans and rendered visualisations of the renovated property.
These services are all included in our comission – as a seller, you get real added value at no extra cost.
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Alex Goerke, responsible for portfolio and sales at Myorca Properties, has been a real estate agent in Mallorca since 2014, including ten years with a well-known international estate agency.
He knows every aspect of the Mallorca property market and is experienced in property valuation and investment analysis.
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We speak English, German, Spanish, Italian and French.
Finding the right real estate agent in Mallorca
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Selling a property in Mallorca through a real estate agent can offer many advantages:
Less time and effort for you.
Viewings even when you're unavailable or away from the island.
An experienced assessment of the sale price.
Attractive sales materials and listings (top-quality images and videos, etc.).
A database of prospective buyers – matching buyers are informed straight away.
Multi-channel marketing: national and international visibility through several property portals and social media.
Professionally conducted viewings.
In Mallorca, many overseas buyers prefer to buy a property through an estate agent, as they want support in their own language.
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What you should look for in a good real estate agent:
1. Experience
Property valuation, viewings, smooth notary appointments – experience counts.
Ask estate agents about their background at your first meeting.
2. Low staff turnover
At many estate agencies in Mallorca, staff change frequently, and each time, knowledge about your property is lost.
Ask how long the estate agent has been in their current role.
3. A coherent portfolio
Selling property requires specialist knowledge, yet many estate agencies in Mallorca have a motley portfolio: many property types, many regions, prices ranging from run-down apartments to luxury villas.
It's better to choose a real estate agent who offers properties similar to yours.
4. A sensible portfolio size
Many estate agencies in Mallorca have hundreds of properties on their books – and barely know any of them well.
You need a property seller, not a property collector.
5. Appealing presentation
Listings and adverts need to be attractive and highlight the strong points of each house and apartment.
Check whether your estate agent presents houses and apartments with genuine care.
6. Multi-channel marketing
Make sure your estate agent has visibility across a range of media and countries.
7. Fair, easy-to-understand agency agreements
Some real estate agents in Mallorca use very one-sided contracts.
Ask to see a draft agreement at your first meeting.
In short: don't rely on an estate agency's name alone. Ask the right questions.
General questions about selling property in Mallorca
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In Mallorca, there are two categories of properties:
Primary residences: houses and apartments in or near population centres, where practical considerations (price, transport links, etc.) are the main factor in a purchase.
Second homes: properties with a certain "something" (e.g. proximity to the beach, beautiful surroundings, a great view) – the kind of place you'd want to spend a weekend or holiday.
For primary residences, a rough benchmark for the time to sell can be given. For second homes, there is no such benchmark.
If the asking price of a primary residence is right (relative to location, size and condition), it is usually sold within around nine months.
Second homes are properties bought out of passion, and there's no typical selling period. A property might sell at the very first viewing, or it may take more than a year for the right buyer to fall in love with it.
Sellers should consider in advance: which category does my property fall into, and who is the likely buyer? This should shape the sales strategy.
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Yes. This is very common and generally not a problem.
A real estate agent will organise viewings even in your absence and prepare everything for the notary appointment.
If you can't attend the notary appointment in person, it's usually possible to appoint a representative under a power of attorney.
Property valuation and sale price
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The value of your house or apartment in Mallorca depends on the following factors:
Location: every area has an average price per m².
Size: multiplying the floor area by the local price is an important starting point.
Condition: if the buyer needs to invest in the property, this affects the price.
Features: parking, a lift or a pool are valued separately.
Soft factors: special features (e.g. a great view) affect the value.
Location is particularly important. Comparable houses or apartments in the area should be used as a benchmark for valuations.
Asking prices on property portals are only a rough guide. They show what sellers are asking – not what buyers actually pay.
Real estate agents can have access to databases of prices actually paid in your neighbourhood, allowing for very accurate property valuations.
Myorca Properties has years of experience in systematically valuing houses and apartments in Mallorca.
Get in touch with us for a free property valuation.
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Some sellers consider starting with a higher asking price. However, we recommend setting a realistic price from the outset.
Two signs of a price that's too high:
Few or no viewings, despite correct marketing: Experience shows the price usually needs to be reduced by 10–20%.
Many viewings, but no offers: A reduction of 5–10% is often enough here.
In short: the number and pattern of viewings show whether a price is working.
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A significantly overpriced property is recognisable by a lack of viewings (see the previous question).
In this case, you should act quickly:
Within 2–3 weeks for newly listed properties.
Otherwise, within 2–3 months at the latest.
The reason: if a property stays overpriced on the market for too long, it becomes stale. Buyers see it again and again and start to wonder: "Something must be wrong here". No one wants to view such a property – regardless of its qualities.
Once a property has become stale, it's very hard to reverse. Many sellers then wait for years and ultimately lose money.
So, reduce the price promptly if you're not getting at least 1–2 viewings a month.
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Very few properties sell at the asking price. Most buyers want to negotiate.
In our experience, the average room for negotiation is around 6%. Sellers should allow for a 5-10% negotiation margin. But not more!
Some sellers think: "I'll market my property with a high price, but I'm willing to come down a lot."
These are often exactly the properties that are priced so high that hardly anyone wants to view them – and they soon "burn out" (see the previous question).
Such properties are frequently sold years later, below market value – because the seller held on too long to a price far above the actual market value.
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Yes. We visit your house or apartment and provide a free property valuation.
We value houses and apartments systematically and thoroughly, drawing on years of experience and in-depth market knowledge.
We won't quote you an inflated value just to win your business over other real estate agents – that wouldn't serve anyone.
Renovating my property in Mallorca before selling
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Most sellers want to sell – not renovate. That's entirely fine.
But: most buyers want to move straight in – not renovate. This means a dated property can only be sold at an appropriately adjusted price.
Our view: either renovate completely, or sell the property as it is. A partial renovation usually makes little sense because it only partially meets the buyer’s needs.
Example: you renovate only the kitchen, but not the bathrooms. For most buyers, this apartment isn't any more attractive than one that hasn't been renovated at all.
So: either fully renovate your property, allowing the buyer to move straight in – or limit yourself to a light “freshen-up”, so the property feels well cared for.
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Usually, yes. With a good renovation, the increase in value is often significantly higher than the investment. Demand for fully renovated properties is high, and many buyers will pay a considerable premium.
If you have the capital to renovate your house or apartment in Mallorca before selling, it can be a very good move.
At Myorca Properties, we're experts in renovation properties. We’ll work out for you whether a renovation is worthwhile – and whether the increase in value is likely to exceed the renovation costs.
We're happy to carry out a turnkey renovation of your house or apartment (see next question).
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Yes. One of the founders of Myorca Properties has specialised in property renovations for 30 years.
We manage your renovation in Mallorca from A to Z, within a few months: assessment of the property's condition, design, building permit, selection of the right team, site management through to turnkey handover – and furnishing too, if you'd like.
A renovation with Myorca Properties is stress-free, running almost like on autopilot – even if you're not on Mallorca all the time.
Taxes, costs and commissions when selling property
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The buyer usually pays:
Notary fees
Property transfer tax (for a resale property)
Land registry fees
(Their own lawyer, if applicable)
The seller usually pays:
Obtaining the standard documents (energy certificate, Cédula de Habitabilidad, etc.)
Estate agent's commission
Income tax on the capital gain
Plusvalía tax
(Their own lawyer, if applicable)
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The estate agent's commission when selling a house or apartment in Mallorca is usually paid entirely by the seller.
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The level of estate agency commission isn't set by law in Mallorca. It's agreed between seller and estate agent in the agency agreement.
A commission of 5% + IVA (VAT) on the sale price is widely used, and is also Myorca Properties' standard commission.
For this fee, we provide services that hardly any other real estate agent in Mallorca can offer: a professional renovation plan, optimised floor plans and rendered visualisations of the renovated property.
These services are all included in our commission – as a seller, you get added value at no extra cost.
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If the sale is to a buyer introduced by the real estate agent, the seller usually pays the commission on completion of the sale before the notary, against invoice.
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Yes. See the next question.
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Yes. As a rule, the seller pays income tax on the capital gain. If it's your main residence and you're aged 65 or over, you're exempt.
Simplified formula for the taxable gain:
Sale price − sale costs − purchase price − purchase costs
Many purchase and sale costs – the real estate agent's commission in particular – can be offset against the gain.
Tax rates on the capital gain for private individuals:
19-30% for Spanish tax residents (depending on income)
19% for non-residents selling their apartment or their house
All information is provided without liability. Please consult your tax adviser.
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Yes. It’s the seller’s obligation to pay the Plusvalía Municipal to the local council where the house or apartment is located.
The amount depends on factors including: the municipality, the cadastral value, the years of ownership, or – depending on the method used – the difference between the purchase and sale price.
We're not able to calculate this tax for you. Information is available from the local council or your tax adviser. You can also find information online, for example by searching "Plusvalía Municipal Palma", "Calculadora de Plusvalía Municipal" or "Simulador de Plusvalía Municipal".
All information is provided without liability.
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Non-residents pay similar taxes to sellers with Spanish tax residency when selling an apartment or a house in Mallorca.
Key differences:
The capital gain is taxed differently (see above).
For non-residents, 3% of the sale proceeds is withheld as a tax advance payment.
All information is provided without liability. Please consult your tax adviser – including, where relevant, on the tax treatment of inheritance.
Selling process and documents needed
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That's a decision only you can make.
Selling a property involves significant sums of money. A lawyer provides an extra layer of security.
We recommend having the sale of a house or apartment in Mallorca handled with the support of a local lawyer.
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A property sale typically follows these steps:
Viewing of the property, accompanied by one of Myorca Properties' directors.
Clarifying the buyer’s questions.
A purchase offer, if applicable (always after a period for reflection, always in writing).
Negotiation led by one of the directors – leading to a price agreement, if applicable.
Introducing specialists to both parties (e.g. renewal of the Cédula for the seller; a lawyer or NIE application for the buyer).
Drafting / coordinating / reviewing the Option Contract.
Preparing for the notary appointment (gathering documents, forwarding them to the notary).
Accompanying you to the notary appointment.
If applicable, renovation for the new owner.
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There are usually several weeks or months between agreeing a price and the notary appointment – giving time to carry out legal checks on the property and gather documents.
During this period, buyers and sellers often bind themselves to each other through an Option Contract or a "Contrato de Arras Penitenciales". Both contract types are private-law agreements that work as follows:
The buyer pays a deposit (usually 10% of the purchase price) and commits to buying the property under the stated conditions, at the agreed price, by a set date. If they pull out of the purchase, they lose the deposit to the owner, and the sale doesn’t go ahead.
In return, the owner commits to selling. If they fail to do so, the prospective buyer gets their deposit back – plus the same amount again from the owner.
Both sides have the same amount at stake, which makes these agreements very robust. Once such an agreement is in place, the sale usually goes ahead.
The parties are free to agree the duration of the contract. Around two months is common.
All information is provided without liability. Please consult your lawyer.
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For the notary appointment, the seller's side must generally provide:
A valid Habitation Certificate = Cédula de Habitabilidad (*)
A valid Energy Performance Certificate
Proof of payment of property tax and rubbish collection charges
Proof that there are no outstanding debts to the owners' association
Proof that any charges not being taken on have been removed from the land registry
In the case of inheritance: the necessary titles of inheritance and ownership
NIE numbers for all foreign sellers
Passports or ID cards for all sellers present
Where applicable, valid powers of attorney for any sellers not present (or for the directors, if the property belongs to a company)
(*) More on the Cédula de Habitabilidad in the next question.
If the land registry shows any charges (mortgages, liens), these generally need to be cleared beforehand. Arrange the redemption of any existing mortgage with your bank in good time.
At the notary appointment, the seller also hands over the keys to the property.
All information is provided without liability. Please consult your lawyer.
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Residential properties should have a Habitation Certificate / “Cédula de Habitabilidad” (some newer builds may not yet have one).
The Cédula de Habitabilidad must be renewed every ten years. The Island Council / “Consell” is responsible for this. Renewal is usually straightforward. Owners can apply for it themselves or instruct an architect to do so. Allow several weeks for this.
If a Cédula de Habitabilidad has never been issued, a technical inspection may be required. Contact a licensed architect for an assessment of the complexity, cost and timeframe involved.
Legally, the Cédula isn't strictly required for a sale in the Balearic Islands. In practice, however, selling a property without a valid Cédula de Habitabilidad is difficult – buyers, banks or notaries often then require additional documentation.
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Yes. A valid Energy Performance Certificate is required both to market and to sell a residential property.
It's issued by technicians or architects and must be renewed every ten years.
In Mallorca, obtaining one typically costs between 150 and 500 euros.
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The notary formalises the purchase contract and safeguards that the legal requirements have been met.
Among other things, the notary checks that:
The buyer and seller have legal capacity to act.
Any powers of attorney in place are valid.
The sellers are the legal owners of 100% of the property.
The correct property is being sold.
The property is being transferred free of charges (unless otherwise agreed).
All necessary documents are in place and legal requirements are met (including the Energy Certificate, community fees, taxes, tax withholdings, and anti-money-laundering checks).
The agreed payments are properly carried out.
All information is provided without liability. Please consult your lawyer.
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Once the sale is completed and the purchase price has been paid, the property passes into the buyer's possession. The keys are handed over at the notary's office, and the buyer takes possession of the property immediately.
Looking for an estate agent to sell your property in Mallorca?
At Myorca Properties, you always deal directly with the founders.
Get in touch with us to discuss the sale of your property in Mallorca: