Living the Mallorcan Dream
Entrepreneur Frazer Fearnhead discusses his move to the stunning Balearic Island
Cheshire born Frazer Fearnhead, is a multi-award-winning entrepreneur. Pre-Covid, he was CEO of a successful property company in Altrincham. Unfortunately, during Covid the company couldn’t trade and ran into serious cashflow problems. Rather than struggling to rebuild it, he decided he’d had enough of the stress of being a CEO.
For many years he’d dreamed of living in Mallorca. So, at 54, he decided not to wait any longer to make that dream a reality.
Can Brits still live in Mallorca after Brexit?
Yes. Absolutely. It isn’t as straightforward as it was, but there are visas available if you want to spend more than six months a year here.
Is it easy to buy property?
Many people are aware of the allure of Mallorca. It’s the jewel of the Mediterranean and attracts numerous well-known celebrities (Taylor Swift is currently house hunting here). Unfortunately, the property market can be a bit of a dangerous place. There are problems with illegal building works, dodgy dealings by sellers and estate agents, strict planning laws and under-the-table payments are still sometimes demanded. It’s hard (especially if you live overseas) to find someone you can trust.
We had many hurdles to overcome to find our perfect home. We flew over several times and viewed over 40 properties before we found our ideal one.
Has it lived up to your expectations?
It’s absolutely wonderful living here. We live ten minutes from gorgeous beaches. We have a pool and a large garden with great views. I love the ‘slow-living’ pace of life here. Because it’s sunny most days, people are happier, friendlier and more relaxed.
How do you spend your time?
Well after seven months of just playing padel, powerboating and drinking far too much, I wanted to get back into doing something though just part-time.
I’ve got a property background and I’ve bought and sold a few properties in Mallorca over the years. I realised I’d made good contacts and learned many things that I could use to help others.
So, last year, I started a property consultancy that helps people navigate the real estate minefield, avoid costly mistakes and find their perfect property in Mallorca.
There are loads of estate agents in Mallorca already. But they represent the seller. We don’t have any listings and we solely represent the buyer’s interests.
On their behalf, we source property (often off-market), deal with estate agents, negotiate purchase terms, supervise lawyers, manage visa applications and deal with the bureaucracy needed to own property here.
Our clients are all busy, successful people and our service saves them time, money and stress, allowing them to focus on the enjoyable aspects of their property buying journey. Given that our service, in most cases, needn’t cost them anything, it’s a bit of a no-brainer.
Anything else?
I’m currently writing a book to be published later this year entitled ‘The Insiders Guide To Moving And Living In Mallorca’.
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