Rich in history and surrounded by natural beauty, Alcúdia is a gem of the island of Mallorca, in the Balearic Archipelago. With its impressive Roman walls and its privileged geographical location between the Bay of Pollensa and the Bay of Alcúdia, it is a distinctive and appreciated destination. Surrounded by crystalline waters and mountainous landscapes, Alcúdia is a haven for lovers of luxury and elegance. Acquiring a luxury property here means being part of a rich tradition and an opulent lifestyle.
Luxury Real Estate Market in Alcúdia
The real estate market of Alcúdia is currently strong and steady, proving resilient to economic fluctuations. At present, demand for exclusive properties exceeds supply, making Alcúdia a lucrative investment destination.
Costs of acquiring luxury properties in Alcúdia
Real estate commissions in Alcúdia vary, usually the buyer and seller can expect to pay between 3% and 5% of the sale price. Additional costs when buying a luxury home in Alcúdia include a 10% transfer tax, notary fees, and potential legal costs and building inspectors. The wealth tax in Alcúdia varies depending on the property and the net worth of the owner.
Tax implications for property ownership in Alcúdia
The capital gains tax generated by the sale of a property may be applicable whether it is a main or secondary residence and income tax for registered residents of Alcúdia may vary depending on a number of factors. Professional tax advice is always recommended.
Mortgage Opportunities in Alcúdia
Mortgage requirements for buying a property in Alcúdia are typically based on the buyer's equity and income requirements. In general terms, a mortgage can be obtained for up to 80% of the purchase price of a property in Alcúdia.
Living in Alcúdia: Convenience and Luxury
Alcúdia is located in the province of the Balearic Islands and has a population of around 20,000 inhabitants. The city offers a coastal ambiance with a special panorama of mountains, water, and nature, combined with warm, humid summers and mild winters. Alcúdia is well connected by road and rail, and is located near Palma de Mallorca, the largest city on the island.
Amenities and Lifestyle in Alcúdia
Residents of Alcúdia enjoy a wide range of activities and luxury amenities. Sports lovers will appreciate cycling, hiking, and water sports. Luxury shopping options are abundant, including high-end boutiques and designer stores. Alcúdia is also famous for its rich cultural life with museums, theaters, and historical heritage. Public infrastructure and availability of services in Alcúdia are excellent, with numerous nearby hospitals and clinics.
In summary, living in Alcúdia means enjoying a luxurious lifestyle surrounded by history, natural beauty, and modern amenities in one of the most unique spots in the Balearic Islands.
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