TL;DR:<\/strong><\/p>\n Explore Mallorca properties<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n The path from first viewing to keys in hand runs through five distinct phases, and skipping the order rarely ends well.<\/p>\n Each phase depends on the one before it, which is why rushing the Contrato de Arras before due diligence is finished causes more failed hotel purchases than any other single mistake.<\/p>\n Nothing moves until you have a NIE (N\u00famero de Identificaci\u00f3n de Extranjero), the tax identification number every foreign buyer needs before signing anything binding in Spain. You can apply in person at a police station in Palma, through a Spanish consulate in your home country, or remotely via power of attorney, which is often the faster route for buyers who cannot travel repeatedly. Build in a few weeks either way, since appointment slots in Palma fill quickly during peak buying season.<\/p>\n Alongside the NIE, open a Spanish bank account and gather proof of funds and income. Banks will want this before they even discuss a mortgage.<\/p>\n Before you view a single property, write yourself an investment brief. Do you want to run the hotel yourself, hand it to a management company, operate it as a seasonal holiday letting business, or keep it as a full commercial operation? The answer shapes which areas suit you: Palma old town favours boutique city hotels with year-round demand, while Alc\u00fadia and the coastal resorts lean heavily seasonal.<\/p>\n Pro Tip:<\/strong> Match your financing timeline to the seller\u2019s expectations before you make an offer. A cash buyer who can complete in six weeks has real negotiating leverage over one waiting on mortgage approval.<\/em><\/p>\n Hotels demand a wider net of checks than a villa or apartment ever will, because you are buying a licensed, staffed, trading business as much as a building.<\/p>\n Start with the title itself. Your lawyer should obtain an updated Nota Simple from the Registro de la Propiedad and confirm there are no undisclosed cargas (charges) or outstanding mortgages attached to the property.<\/p>\n The Contrato de Arras deserves particular caution with hotels. The common format uses a 10% deposit under Arras penitenciales terms, meaning you forfeit that money outright if you walk away before completion. Because a hotel\u2019s licences, staff, and supplier commitments take longer to verify than a residential title, signing arras before that work is finished is the single riskiest shortcut a buyer can take. Standard residential-style arras can also prove inadequate for complex hospitality deals, which is why bespoke contracts addressing licence and staff transfer are increasingly the norm for hotel sales.<\/p>\n Which tax applies depends on what you are buying. A second-hand hotel typically falls under ITP (Impuesto de Transmisiones Patrimoniales), a transfer tax charged on the sale price. A new-build hotel instead attracts IVA (VAT) plus AJD (stamp duty), a materially different structure with its own rates and timing.<\/p>\n A realistic hotel purchase runs three to five months from a standing start, longer if financing or licence issues surface during due diligence.<\/p>\n Diarise the key milestones as you go: the bank appraisal date, the mortgage FEIN waiting period if you are financing, the deadline built into your arras for completing due diligence, and the notary appointment itself. Missing any one of these tends to cascade through the rest of the schedule.<\/p>\n Three advisers carry distinct responsibilities, and conflating them is where inexperienced buyers get into trouble. Your agent sources properties, coordinates viewings, and keeps the transaction moving. Your independent lawyer checks titles, licences, and contracts, and should always be separate from the seller\u2019s representation. Your tax adviser structures the purchase to handle VAT, ITP, AJD, and retention correctly from day one.<\/p>\n An experienced local agency can provide area guidance grounded in real trading patterns, not just listing photographs. Booking<\/a> demand concentrates around Palma, Alc\u00fadia, and the coastal resorts, which shapes which hotel models actually work where. A good agency coordinates with your independent lawyer and tax adviser and helps prepare the documents needed for an initial consultation, so your first meeting focuses on strategy rather than fact-finding.<\/p>\n If you are buying remotely, sort your NIE and power of attorney early, and confirm your independent lawyer\u2019s identity before signing anything binding.<\/p>\n \u2014 Sophie<\/em><\/p>\n<\/blockquote>\n Some specialized agencies provide local knowledge of hotels with proper licences, settled staff arrangements, and verified trading histories beyond what general property portals offer.<\/p>\n Rather than sifting through listings that mix residential villas with commercial assets, you can go straight to a dedicated hotels-for-sale portfolio<\/a> curated for exactly this kind of buyer. If you want to compare a hotel opportunity against other commercial or residential assets on the island, the full properties for sale in Mallorca<\/a> catalogue lets you weigh options side by side. For buyers still shaping their investment brief, a partner resource on positioning a hospitality business<\/a> is worth a read before you commit to an area. When you are ready, request a tailored shortlist or book an initial consultation with Vogue Properties Mallorca and get area-specific guidance built around your budget and business plan.<\/p>\n You need a NIE before signing any binding document, including the Contrato de Arras, though you can start viewings and negotiations beforehand.<\/p>\n Second-hand hotels are usually subject to ITP, while new-build hotels attract IVA plus AJD, so confirm which applies before signing arras.<\/p>\n Expect 30 to 90 days between signing the Contrato de Arras and the notary appointment, with registry inscription following 3 to 6 weeks later.<\/p>\n Yes, Vogue Properties Mallorca maintains a dedicated hotels-for-sale portfolio and coordinates with independent lawyers and tax advisers throughout the purchase.<\/p>\n\n
\nTable of Contents<\/h2>\n
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Comprar hotel en Mallorca: pasos y el proceso general<\/h2>\n
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What preparation should you complete before viewing hotels?<\/h2>\n
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What due diligence does a hotel purchase require?<\/h2>\n
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How much will taxes and fees add to the purchase price?<\/h2>\n
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How long does buying a Mallorca hotel actually take?<\/h2>\n
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Who should you work with, and how does Vogue Properties Mallorca help?<\/h2>\n
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<\/p>\nCommon pitfalls buyers should watch for<\/h2>\n
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Ready to see which Mallorca hotels are actually for sale?<\/h2>\n
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<\/p>\nSources<\/h2>\n
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FAQ<\/h2>\n
Do I need a NIE before making an offer on a hotel?<\/h3>\n
Is ITP or IVA charged on a hotel purchase?<\/h3>\n
How long does the process take from arras to completion?<\/h3>\n
Can Vogue Properties Mallorca help me find a hotel for sale?<\/h3>\n
Recommended<\/h2>\n