Buying a Property in Mallorca Made Simple with Expert Currency Transfers
Trusted foreign exchange solutions for overseas property buyers
Move funds to Mallorca (Majorca) with confidence, speed and clarity, from first deposit to final completion.
Buying a property in Mallorca is an exciting step – whether it’s a holiday home in the sun, a relocation, or a long-term investment. But once you’ve agreed a price in euros, you still have one big question: how do you move a large sum across borders safely, at the right time, and without losing money to poor exchange rates and hidden fees?
Lucid specialises in high-value foreign exchange for Mallorca property purchases, helping you secure great rates, protect your budget from currency swings, and coordinate payments with your lawyer or agent.
Why Property Buyers Choose Lucid for Mallorca Money Transfers
Buying in Mallorca often means moving £250k–£5m+ over several payments. A 1–2% move in the GBP/EUR rate can add or shave off tens of thousands.
Lucid provides specialist property FX support so you’re not relying on a generic bank transfer at the last minute.
Every euro you send is routed through FCA-regulated partners, with clear pricing and full visibility from reservation deposit to completion.
Clear Options
Transparent Pricing
Personal, Responsive Service
High-Value Property Transfers
Timing & Risk Management
Expert Foreign Exchange for Mallorca Property Buyers
What You Actually Need When Moving Large Sums
Most platforms give you a rate and an app. Lucid gives you a strategy, a specialist and accountability.
You’ll have a dedicated account for your Mallorca property purchase, clear visibility of every transfer, and proactive guidance on timing – so you’re not staring at exchange rates wondering when to act.
What You Actually Need When Moving Large Sums
When you’re moving life-changing amounts, the priorities are simple:
Is my money safe?
Am I getting a fair rate?
Will the funds arrive on time and to the right place?
Everything we do is built around those questions.
Named Multi-Currency Account
Track and manage all your Mallorca-related transfers through a named, multi-currency account, provided via our FCA-regulated partners.
Hold funds in GBP and convert to EUR when it suits your plan.
1:1 Support, 7 Days a Week
Your dedicated property FX specialist keeps you informed at every stage – from the first quote to the final transfer to your lawyer or notary in Mallorca.
If you have a question, you speak to the same person every time.
Competitive Rates, No Surprise Fees
We provide market-based exchange rates with a small, clearly explained margin – and no transfer fees.
On a £1m property purchase, that can mean £10,000–£25,000 saved versus a typical high-street bank.
When It Comes to Buying in Majorca, You Need More Than a Good Rate
From holiday homes in Pollensa to investment apartments in Palma, Lucid handles every high-value transfer with precision and personal care.
Lucid helped us move funds for an apartment purchase in Palma. The whole process felt controlled and transparent – we always knew the rate, the fees, and when the euros would arrive. We saved a meaningful amount compared with our bank and felt fully supported from start to finish.
“When buying our holiday home in Pollensa, Lucid handled the entire currency transfer with exceptional care. Every step was explained clearly, and the rate we achieved was far more competitive than our high-street bank. We couldn’t have asked for a more professional or reassuring service.”
“We worked with Lucid for our property purchase in Deià, and the experience was faultless. Communication was fast and transparent, and funds arrived exactly when needed. The David’s attention to detail made a potentially stressful process completely seamless.”
“Lucid managed our transfers for a villa investment in Alcúdia. Dave and the team kept us informed at every stage, securing excellent exchange rates and ensuring all payments reached the notary on schedule. It was a highly professional service we’d recommend without hesitation.”
“Relocating to Sóller meant transferring a significant amount, and Lucid made it effortless. Their guidance on rate timing and transparent pricing gave us total peace of mind. Funds arrived promptly, and the personal service was outstanding from start to finish.”
“Lucid handled our high-value transfer for a villa in Andratx with complete professionalism. Every step was explained clearly, and the team worked around tight completion deadlines without a single issue. The rate we secured was excellent, and the personal service was far beyond what we expected.”
When It Comes to Buying in Mallorca, You Need More Than a Good Rate
From seafront apartments in Palma to hillside villas in the Tramuntana, we support every type of Mallorca property buyer – with FX solutions tailored to how you’re buying and what you’re buying.
Buying Your Home in Mallorca
Move large sums with clarity and control. We help you manage when to fix your rate, how to structure deposits and completion payments, and how to avoid costly last-minute transfers.
Relocating Abroad
Relocation often means multiple payments – deposits, completion, furnishings, school fees and more. We build an FX plan that covers the whole move, not just the initial purchase.
Overseas Property Development
If you’re funding a build or renovation, we can handle staged payments to builders or developers and use forward contracts to keep your project within budget even as markets shift.
Managing Property Investments
For investors buying, refinancing or selling property in Mallorca, we provide rate strategies designed for efficiency and risk management, not speculation – so currency doesn’t erode your returns.
Your Mallorca Property Transfer in Four Simple Steps
Buying a property in Mallorca is complex enough. Your currency transfers shouldn’t be. We keep the process clear and structured from day one.
Book Your Free Consultation
Discuss your timeline and budget with a Lucid specialist. We’ll listen, understand your goals, and map out a tailored FX plan.
Get Set Up
We’ll help you open a secure, named multi-currency account through our FCA-regulated partners, ensuring your funds are protected and ready when you are.
Lock in Your Exchange Rate
When the timing is right, your Lucid specialist helps you secure or fix your rate — whether it’s a one-time transfer or a forward contract for future payments.
Funds Delivered
Lucid executes and confirms safe arrival to your lawyer or agent in Majorca.
Transparent Rates, Secure Transfers & 1:1 Guidance for Mallorca Buyers
Transparent Pricing, Always
No hidden markups, no surprise fees. Every euro rate we quote is clearly explained against the live market, so you know exactly what you’re paying and what you’re getting for your Mallorca property transfer.
Personal Property FX Strategy
Every property purchase is different. Your Lucid specialist helps plan the right foreign exchange strategy, factoring in deposit deadlines, completion timing, and potential market movements — so your transfer fits your property timeline, not the market’s.
1:1 Support, Every Step
No call centres or chatbots — just direct access to a senior foreign exchange professional who understands high-value transactions and manages each stage personally.
Lucid provides secure, property-focused foreign exchange for UK and international buyers purchasing homes in Mallorca.
Every transfer is processed through FCA-regulated partners, with funds held in safeguarded client accounts for full protection.
Our mission is simple: remove stress and uncertainty from moving large sums abroad.
With transparent pricing, proactive market insight and personal support, we help clients protect their value and complete their Mallorca property purchases with confidence.
Clarity and Confidence for Your Mallorca Property Purchase
A message from our founder, David – over a decade in property foreign exchange and still focused on what truly matters.
Mallorca is one of Europe’s most desirable property markets – and one of the most active for international buyers. When you’re transferring large amounts to secure a home or investment here, you need more than a sharp rate. You need clarity, security and someone you trust to manage the details.
I created Lucid Financial Markets to bring that standard of service to every high-value transaction. We take the time to explain what’s happening, why we’re recommending a particular approach, and what the risks are if markets move.
Our job is to protect your value and make the experience feel seamless – so you can focus on your new property in the Balearics, not the mechanics of moving money.
When you’re dealing with life-changing sums, clarity isn’t optional – it’s essential.
David Huggett
Founder
FAQs — Buying a House in Mallorca
Everything You Need to Know About Currency Transfers for Majorca Property Purchases
What do I need to know about currency when buying in Mallorca?
When buying in Mallorca, your purchase will likely be in euros. Exchange rate movements between GBP and EUR can significantly affect your final price. Using Lucid’s Property FX service lets you fix rates in advance and avoid last-minute cost changes.
Can Lucid help with stage payments to Spanish developers?
Yes. We regularly manage scheduled transfers for new-builds and renovations in Mallorca, using forward contracts to lock rates for each stage.
Are funds safe when transferring to Spain?
Absolutely. All funds move through FCA-regulated partners in safeguarded accounts for full compliance with UK and EU regulations.
How long does a GBP → EUR transfer to Mallorca take?
Most complete within one business day once funds are received — often same-day for major banks and currencies.
What if the euro rate drops before completion?
Lucid can secure your rate months ahead through a forward contract, so you avoid unexpected costs if markets move against you.
Does Lucid charge fees for Majorca property transfers?
No transfer fees. We earn through a small, transparent margin on the exchange rate — always explained up front.
How much can I save compared to my bank?
On a £1 million property purchase, clients typically save £10,000–£25,000 through better rates and timed execution.
Do I need a Spanish bank account?
Not necessarily. Lucid can send directly to your agent or notary in Majorca, though having a local account may simplify ongoing ownership costs.
Can Lucid help if I’m selling my Majorcan property?
Yes — we can repatriate funds back to the UK or another destination currency efficiently and securely.
Start Your Majorca Property Transfer with Lucid Today
Move funds safely, securely, and strategically with our property FX specialists.
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