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
Email: office@manuelaolmesdahl.com
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