Finca with Organic Olive Grove and Tourist License in Central Mallorca
€3,700,000
Spain
Farm
property type
3 weeks ago
listed
The Habio take
AI summaryThis impressive finca in central Mallorca combines the charm of a country residence with a thriving organic olive oil business. Set on 186,000 m², it boasts over 3,500 Picual olive trees and a tourist license, ideal for those seeking a lifestyle intertwined with agriculture and hospitality.
- countryside
- investment
- rental income
- quiet
- organic
Highlights
- Over 3,500 organic olive trees
- Award-winning extra virgin olive oil production
- Tourist license for rental income
- Spacious 186,000 m² estate
- Charming rural living environment
Worth knowing
- Remote location may require a vehicle for errands
Good fit for: Ideal for buyers looking for a rural lifestyle with business potential.
Lifestyle scores
- Beach
- 40
- Walkable
- 30
- Remote work
- 60
- Family
- 50
- Retirement
- 70
- Airport access
- 70
- Investment
- 75
- Luxury
- 60
- Value
- 65
About this place
Nestled in the serene countryside of central Mallorca, this finca offers a unique opportunity to own a thriving organic olive oil business alongside a charming country residence. Spanning an impressive 186,000 m2, this estate is home to over 3,500 meticulously tended Picual olive trees, producing award-winning extra virgin olive oils proudly bearing the “Oli de […]
Buying property in Spain
Spain welcomes foreign buyers with no nationality restrictions. The buyer needs an NIE (Número de Identidad de Extranjero) before completion, and most buyers open a Spanish bank account to handle the deposit and ongoing charges. An independent lawyer (abogado) is strongly recommended — the notario only checks the deed, not the wider title.
- 1
Get an NIE
Apply for the foreign-resident tax number at a Spanish consulate, police station, or via a representative with power of attorney.
- 2
Open a Spanish bank account
Needed for the deposit, taxes, mortgage payments, and utilities.
- 3
Engage an independent lawyer
Lawyer runs title, debts, planning, and community-of-owners checks — the notario will not.
- 4
Reservation contract
Small deposit (€3,000–€10,000) takes the property off the market while due diligence runs.
- 5
Sign the contrato de arras
Private purchase contract with a 10% deposit. If the buyer pulls out they lose it; if the seller pulls out they pay double.
- 6
Sign the escritura pública
Final public deed signed before a notario; balance and taxes paid; keys handed over.
- 7
Register the property
Lawyer registers the deed at the Registro de la Propiedad and arranges utility and IBI transfers.
Spain ended its Golden Visa property route in April 2025. Non-resident mortgages are widely available, typically 60–70% LTV. Non-resident sellers face a 3% withholding from the sale price (retención), claimable against capital gains tax. Always check community-of-owners (comunidad) debts and outstanding IBI before completion — they transfer with the property.
General guidance only — confirm specifics with a qualified local lawyer or tax adviser. Reference
