Law firm based in Palma de Mallorca focused on inheritance in the Balearic Islands, real-estate transactions and wealth and property taxes. We advise residents and non-residents with assets or interests in Mallorca, Menorca, Ibiza, Formentera and the rest of Spain, including clients living in other European countries.
Assistance in Spanish, Catalan, English and French. In-person meetings in Palma de Mallorca and online support for clients across Spain, Europe and the rest of the world.
About Cantallops Legal
Jaume Cantallops is a practising lawyer registered with the Balearic Islands Bar Association and founder of Cantallops Legal, a firm focused on inheritance, real-estate law and wealth and property taxes. He combines legal experience, a wealth-planning perspective and advanced use of technology to deliver clear, strategic and tax-efficient solutions.
Cantallops Legal supports families, asset owners and companies at key moments: from planning an inheritance to buying a property or structuring the tax aspects of a transfer, always combining the legal and tax perspectives.
Estate planning, full inheritance management and succession disputes in Mallorca and the rest of the Balearic Islands.
View inheritance hub →
Purchase and sale of homes and other real-estate assets in Mallorca. Preliminary review, deposit agreements and notarial support.
View real-estate hub →
Inheritance Tax (ISD), Transfer Tax and Stamp Duty (ITP/AJD), Personal Income Tax, VAT, Corporate Tax and Non-Resident Income Tax in the Balearic Islands. Tax structuring of transfers and defence before the tax authorities.
View tax hub →Most consultations do not fit into a single category. Many combine inheritance, property and tax issues, so the case should be reviewed with a joint legal and tax perspective.
Acceptance, division, allocation of assets, inheritance tax and coordination with the notary, the Land Registry and municipal capital gains tax.
Read more →Balearic regional reliefs, deadlines and strategy for filing an inheritance correctly.
Read more →Land Registry, cadastral and planning review, charges, documentation and risk analysis before signing.
Read more →Deposit, deadlines, withdrawal rights and key clauses to protect buyer and seller in a property transaction.
Read more →ITP/AJD, cadastral reference value, municipal capital gains tax, Personal Income Tax or Non-Resident Income Tax and overall tax consistency of the real-estate transaction.
Read more →100% regional relief, donor's Personal Income Tax and alternatives for planning family transfers in the Balearic Islands.
Read more →We answer common client questions on inheritance in the Balearic Islands, property purchases, deposit agreements, wealth taxation and frequent issues affecting residents and non-residents.
In the Balearic Islands, inheritances between parents and children generally benefit from a 100% regional relief on the tax due. Even where the tax is fully relieved, the inheritance tax return and the relevant succession documents must still be filed within the legal deadline.
A Definition Agreement can be a very efficient way to transfer assets during lifetime in Mallorca because in many cases it offers a more favourable tax result than an ordinary gift. Before signing, it is essential to assess the tax saving together with forced heirship issues and the civil-law effects of the waiver involved.
Before paying a deposit, it is advisable to review at least the Land Registry and cadastral situation of the property, legal title, charges, planning status, occupancy certificate where required, energy certificate, local property tax and homeowners' association position. In rustic land or properties with planning risk, the review should be even more thorough.
Yes. When the cadastral reference value exceeds the real value of the property without justification, a tax challenge strategy may be considered. The appropriate route depends on the specific case, the tax return filed and the evidence available, and it is common to support the challenge with a strong expert valuation report.
In addition to Inheritance Tax, it is advisable to analyse municipal capital gains tax where applicable, the Land Registry position of the property, local property tax, possible Non-Resident Income Tax implications and the ongoing obligations of a non-resident owner. In international estates, proper coordination of the civil-law, tax and documentary aspects avoids mistakes and delays.
Featured analysis
We explain why a gift benefiting from a 100% relief in Inheritance and Gift Tax can still trigger a significant capital gain for the donor in Personal Income Tax, and how to structure the transaction to avoid unexpected tax consequences.
Wealth taxation in the Balearic Islands
Inheritance Tax, Transfer Tax and Stamp Duty, municipal capital gains tax, gifts, Personal Income Tax and Non-Resident Income Tax approached with legal and tax rigour, especially in family and wealth-related transactions.
