Mallorca is the busiest yacht-for-sale market in the western Mediterranean. Between 800 and 1 200 yachts change hands here every year, mostly in the 50–80 ft motor segment, dominated by Italian builds, and increasingly priced for the post-2022 market correction. For UK buyers approaching this market, the challenge isn't finding listings — public marketplaces show 400 to 600 yachts at any given time. The challenge is filtering. Which yachts have been honestly maintained. Which prices are negotiable. Which Spanish tax exposure applies. Which surveyors find the real problems and which write polite reports. That's where I work.
What's available on Mallorca right now
The Mallorca yacht-for-sale inventory falls into four distinct bands. Below each band, the typical question buyers should ask is different — the boats are different, the sellers are different, and the trade-offs are different.
- €200k–€500k (35–45 ft used, 5–12 years old): Sealine, Cranchi, smaller Galeon, Bavaria S-class. Entry segment, often first-time buyers. Maintenance history matters more than year. Typical question: how honest is the previous owner about engine hours and refit history?
- €500k–€1.5M (50–60 ft, 3–8 years): Used Princess F50, Azimut 53, Sunseeker Manhattan 55, Cranchi M60. Or new builds in 40–50 ft. Middle market, where most UK transactions cluster. Typical question: new vs near-new — is the 12-month build wait worth the 15% premium?
- €1.5M–€4M (60–75 ft, new or near-new): Sunseeker Manhattan 76/Predator 70, Princess F65/Y75, Azimut S6, smaller Sanlorenzo. Premium segment, crew typically required. Typical question: do I run it as private or charter-licensed (Matrícula Turística)?
- €4M+ (24m+ superyacht): Sanlorenzo SL/SX, larger Azimut Grande, used Ferretti Custom Line, occasional smaller Benetti. MCA Cat 2/Cat 6 charter license optional but increasingly standard. Typical question: which charter-management company gets the best annual ROI?
A yacht is rarely the most rational purchase. But the broker's job is to make the transaction one.
How a UK-to-Mallorca purchase works
Most UK-to-Mallorca yacht purchases follow a standard six-phase path that takes 8–12 weeks from first conversation to handover. The first week is the briefing: defining your real specification (what you'll actually do with the yacht, not what looks good on a list). The next two weeks I source candidates from public listings, off-market sellers, and my private network — and inspect every shortlisted yacht in person before you fly out.
You arrive for a 2–3-day viewing trip with 5–8 qualified yachts to see. Yacht selection happens face-to-face on the boats; surveys are commissioned for the final 1–2 candidates. The survey-and-sea-trial phase takes 2 weeks. Negotiations either close the deal or end it. If we close, the next 3–4 weeks cover Spanish registration paperwork, Matriculación tax decision, insurance setup, berth contract, and pre-handover refit if needed. Handover happens in person, in Mallorca, with crew introduction if applicable.
Spanish tax — the most common cost surprise
Three Spanish taxes can apply to a Mallorca yacht purchase, and only one is universally known to UK buyers (VAT). The other two — Matriculación and Patrimonio — regularly catch DACH and UK buyers unprepared, and the worst time to discover them is at closing.
Matriculación (12%): applies to "imports" of yachts into Spain for resident use, with an exemption below ~8m/2 500 kg. On a €2M yacht this adds €240 000. Charter-flagged yachts (Matrícula Turística) may be exempt. Non-Spanish-flagged yachts under Temporary Admission may be exempt for 18 months. Decision: pay it now and get Spanish flag, or stay non-Spanish-flagged and keep the yacht under TA — each has long-term consequences I walk you through before purchase.
VAT (21%): applies to new yachts sold to Spanish residents. EU-resident buyers can benefit from VAT-paid status if the yacht was bought VAT-paid elsewhere in the EU. Brexit complicates this for UK buyers — post-2021 UK residents may face additional VAT or import-duty exposure depending on yacht location and registration.
Patrimonio (wealth tax, regional): applies only to Spanish tax residents. Balearic rate ranges 0.2–2.5% on yacht value above the regional asset threshold. Non-Spanish residents are generally exempt. For dual-residency situations or extended Mallorca-based use, a Spanish tax consultation before purchase is essential — the difference between best- and worst-case can run into five figures per year.
How my brokerage works
I represent buyers exclusively in most transactions — my contract is with you, my fee is paid by you (or carved out of the seller's broker commission on co-broker deals), and my work is to find the right yacht at the right price under terms that protect you post-closing. Buyer's fee: typically 1.5–2.5% of purchase price. Seller's fee (for sell-side mandates): typically 5–10% at closing.
No retainer, no upfront fee, no exclusivity required for buyer engagements. Seller-side listings are typically 90-day minimum exclusive. All contracts MYBA-conform — the industry-standard framework for Mediterranean transactions, in English and Spanish for yachts above 24 m, English-only for smaller. For more on representation specifically, see Yacht Broker Mallorca.
— Julian Hoeke