Located on the enchanting island of Mallorca, Andratx / Port D'andratx is home to a rich history and iconic historical sites. Initially renowned for its thriving fishing industry, Andratx started as a humble fishing village before becoming the luxury haven it is today. Surrounded by the Sierra de Tramuntana and the charm of the Mediterranean Sea, Andratx / Port D'andratx offers a unique geographical location for its luxurious residential community. The fusion of past and present caters to a lifestyle full of refinement and tranquility.
Exclusive Properties Market in Andratx / Port D'andratx
The market for luxury properties in Andratx / Port D'andratx has proven to be strong and stable, with a constant demand that matches well with the supply. Exclusive properties in the area are seen as a good investment, with the average real estate commission a buyer pays when purchasing a home in a competitive range.
Political and Economic Situation
Andratx / Port D'andratx offers a stable political and economic environment, making it an attractive place for investors and people interested in purchasing high-end properties.
Additional Expenses to Consider when Buying a Property
In addition to the property price, it is important to consider other expenses when buying a luxury home in Andratx / Port D'andratx. These can include the transfer tax, real estate agent commissions, notary fees, and potential building inspection or legal costs.
Mortgage Requirements and Taxes
There are general mortgage requirements for buying a house in Andratx / Port D'andratx, related to the amount of own capital and income. There are specific taxes that may apply, including the property transfer tax and the wealth tax, which vary depending on the value of the property and the registered entity of the purchase.
Location and Accessibility
Andratx / Port D'andratx is strategically located with easy access by road and rail. It is a reasonable distance from the city of Palma, and is well connected with national and international airports.
Services and Amenities
Andratx / Port D'andratx is packed with nearby schools, universities and high-quality training institutions. The area is enriched with nature and offers a variety of outdoor activities such as hiking and swimming. Luxury shops, high-quality restaurants, nightlife and stylish entertainment are plentiful for residents to enjoy. Historical, cultural and sports events also fill the annual calendar.
Health and Public Services
In Andratx / Port D'andratx, public services are consistently maintained. Hospitals, clinics and other health care services are readily available and are maintained at a high standard.
In summary, Andratx / Port D'andratx offers a unique residential experience, enriched by its geographical location, its rich history, and its robust services. Luxury, comfort and tranquillity are at the heart of life in this exclusive area of Mallorca.
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