Es Migjorn, an enclave of exclusivity and elegance, unfolds its charm on the Balearic Island of Menorca. This idyllic place, rich in history and natural beauty, has lively streets and squares of historical interest, as well as wonderful cafes and restaurants that play a role in its welcoming and hospitable atmosphere. Its location in the south of the island provides privileged views of the Mediterranean Sea, thus offering a unique and desirable lifestyle.
Reality of the property market in Es Migjorn
The market for exclusive properties in Es Migjorn is constantly growing but still maintains its stability. The current demand and supply of luxury houses and apartments find a dynamic equilibrium, creating constant opportunities for both buyers and sellers. Despite the uncertain global environment, the political and economic situation in Es Migjorn is stable, guaranteeing a safe environment for investment.
Commissions and additional costs in real estate
Fees and commissions to consider when buying a luxury property in Es Migjorn include transfer taxes, real estate agent commissions, notary fees, and possible building inspection or legal costs. The average commission for buyers and sellers varies depending on the specific negotiation, but it generally sits around a certain percentage of the total sum. The transfer tax and the wealth tax on the private property ownership of a house also apply but can vary depending on specific circumstances.
Taxes and financial regulations in Es Migjorn
In Es Migjorn, taxes apply to earnings made by selling a privately owned house or apartment, whether it is a primary or secondary residence. The percentages differ depending on the individual situation and it is recommended to consult with a local financial advisor. The corporate earnings tax and the income tax should also be considered.
Es Migjorn: Lifestyle and luxury amenities
The most sought-after residential areas in Es Migjorn are those that surround its natural charm, with unobstructed views of the Mediterranean. This town offers access to roads and railways, and is conveniently located from the Menorca airport. The nearest large city to Es Migjorn is Mahón, the capital of the island, about 20 kilometers away. For family life, there are several schools, universities, and educational institutions nearby. Es Migjorn is located in the province of the Balearic Islands and has a population of approximately 1,300 inhabitants.
Local attractions
Es Migjorn offers a wide variety of outdoor and sports activities such as hiking, cycling, and horseback riding. Additionally, it has luxury stores, high-quality hotels, and a vibrant nightlife. Annually, the famous "Sant Cristòfol" party is celebrated, which attracts visitors from around the world. Regarding art and culture, Es Migjorn offers several museums and galleries, as well as cultural events throughout the year.
Services and infrastructure
Es Migjorn has nearby hospitals and clinics, ensuring the peace of mind of its inhabitants. Public infrastructure and the availability of services in Es Migjorn are of high quality, thus offering a high standard of living for its residents and visitors. Thanks to its Mediterranean climate, Es Migjorn is perfect for those who enjoy the blessings of sun, sea, and nature.
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