Benavides Real Estate is a real estate agency based in Palma de Mallorca, specialising in property sales and investment on the island. We have spent over 10 years advising property transactions in Mallorca — from apartments in Palma to fincas in the Serra de Tramuntana — through a service model that combines market advisory, legal review and tax planning in a single offering.
Unlike traditional estate agents, we do not work on a percentage commission of the sale price. Our fees are fixed and agreed from the outset, eliminating the conflict of interest and allowing us to work entirely from the client's side. We operate across the whole of Mallorca, with specific knowledge of each area and market segment.
Whether you want to sell your property in Mallorca, buy a home on the island or invest in the Balearic property market, we work with you from the initial valuation through to completion.
How we work
What a real estate agency does in Mallorca
The property transaction process in Mallorca has specific characteristics of the Balearic market that are worth understanding before entering any operation.
Market valuation
We determine the real market value of the property based on comparable transactions recently closed in the same area — not automated estimates or the bias of someone seeking the mandate.
Legal due diligence
We review the land registry, planning and administrative status of the property: charges, encumbrances, building licences, cadastral status and tenancy situation where applicable.
Tax planning
We calculate the full tax liability before signing: IRPF or IRNR, municipal capital gains tax, ITP or VAT. No surprises at settlement.
Marketing and negotiation
We position the property with qualified buyers — national and international — and manage the negotiation protecting the client's interests at every stage.
Contracts and notary
We draft or review the deposit contract, coordinate the notarial signing and prepare all documentation required for completion.
Post-sale tax settlement
We file tax returns on time and manage the refund of the 3% withholding for non-resident sellers where applicable.
The market
The real estate market in Mallorca
Mallorca is one of Europe's most dynamic real estate markets. The combination of limited supply — constrained by planning restrictions — consolidated international demand and the absence of pronounced speculative cycles makes it a resilient market with sustained long-term appreciation.
According to data from Spain's General Council of Notaries, the Balearic Islands consistently record one of the highest average prices per square metre in the country, with premium areas such as Andratx or Son Vida routinely exceeding €5,000/m². International demand — primarily from German, British, Scandinavian and other central European markets — represents a structural component of the market.
Protected rural land, ANEI zones (Areas of Special Natural Interest) and restrictions on tourist rental licences impose significant constraints that directly affect the value and management of certain properties. An in-depth understanding of these regulatory specificities is essential for making well-informed decisions — whether selling, buying or investing in Mallorca.
Where we operate
Real estate across the whole of Mallorca
We operate across the entire island with specific knowledge of each area and its particular market dynamics.
Palma de Mallorca
Island capital. Strong demand for apartments in the historic centre, Son Vida and Santa Catalina. Active market year-round.
Andratx & Puerto Andratx
High-end zone in the southwest. Preferred by international buyers. Among the highest prices on the island.
Puerto Pollensa & Pollensa
Northern Mallorca. High demand for villas and fincas. Market driven by European buyers, particularly British and German.
Sóller & the Valley
Serra de Tramuntana. Unique fincas and properties in a UNESCO World Heritage area.
Alcúdia & Santa Margalida
Northeast. Established residential areas with a wide range of detached houses and family homes.
Santa Ponça & Calvià
Southwest. High demand from families and mid-to-high net worth buyers. Good infrastructure and services.
Why Benavides
A different kind of real estate agency in Mallorca
Exclusive specialisation in Mallorca
We do not operate across Spain. All our activity, knowledge and network is concentrated on the Mallorca property market. That means real knowledge of prices by zone, the planning specificities of the island and the actual demand profile of each segment.
In-house legal and tax advisory — not outsourced
Legal due diligence, pre-transaction tax analysis and post-sale tax settlement are all part of the service. We do not refer clients to an external firm — we manage it internally. One single point of contact for the entire process.
Over 10 years in the Mallorcan market
We have spent over a decade advising property transactions in Mallorca. That translates into genuine knowledge of how the market behaves zone by zone, how international buyers negotiate and what issues typically arise in documentation reviews.
Para propietarios
¿Tienes una propiedad en Mallorca?
Cuéntanos tu propiedad y te decimos cuánto vale — sin compromiso y sin coste. En menos de 24 horas tienes una valoración inicial basada en el mercado real.
- ✓Valoración basada en transacciones reales recientes
- ✓Sin obligación de firmar ningún mandato
- ✓Análisis fiscal incluido: IRPF, plusvalía e IRNR
- ✓Te respondemos en menos de 24 horas
FAQ
What property owners and investors ask about Mallorca
Direct answers to the most common questions about the Mallorca property market.
The best real estate agency in Mallorca is one that works exclusively from the client's side — without conflicts of interest — and combines deep local market knowledge with in-house legal and tax advisory. Benavides Real Estate has spent over 10 years specialising solely in the Mallorca property market, advising sellers, buyers and investors with fixed, transparent fees.
Related services
Sell Property in Mallorca
Independent valuation, legal review and pre-sale tax planning.
View service →Buy Property in Mallorca
Due diligence, tax analysis and independent buyer representation.
View service →Invest in Mallorca Real Estate
Yield analysis, legal structure and property portfolio management.
View service →Next step
Tell us about your property in Mallorca
No commitment. We respond within 24 hours with an initial valuation of your property.