top of page
Writer's pictureManuela Olmesdahl

Three million euro allowance for wealth tax in Mallorca

Good news for wealthy property owners in Mallorca.




Mallorca's new government has approved the budget for 2024.

In the case of wealth tax, the tax-free amount will be significantly increased from 700,000 euros to three million euros.


This amount can be accumulated if several parties (e.g. family members, partners, etc.) jointly own a property.


This new incentive will continue to attract people from all over the world to Mallorca as a high-quality place to live.


Keep up the good news!


If you are thinking of buying a property in Mallorca, I look forward to hearing from you.


We have some wonderful properties in our "Mallorca Honor Selection" portfolio.




I look forward to hearing from you.

Manuela Olmesdahl


phone/whatsapp: +41 76 376 61 11










Comments


bottom of page