Cala Estellencs - Puigpunyent - Capdella

Located on the majestic island of Mallorca, Estellencs is a true emblem of the region's rich history and cultural heritage. This coastal village, anchored on the slopes of the Sierra de Tramuntana, has preserved its medieval charm while embracing modernity. Through its narrow cobblestone streets, one can witness the architectural beauty of its historical buildings and emblematic places, such as its Gothic parish church and its old stone houses. The geographical location of Estellencs, between mountains and sea, gives the place an incomparable natural exuberance that amazes all visitors.

Exclusive Property Market in Estellencs

The luxury real estate market in Estellencs is in a strong position, with demand for luxury homes exceeding supply. This is attributed to both the unique natural beauty of the area and its political and economic stability. Potential buyers should keep in mind that the average real estate commission paid when buying a house in Estellencs is about 5%, while the rate for sellers may vary.

Economic Aspects of Owning a Property in Estellencs

In addition to real estate commissions, buyers should also consider other costs such as transfer tax, notary fees, and possible inspection or legal expenses. The transfer tax on private property in Estellencs is 10% and the wealth tax for private properties ranges between 0.2% and 2.5%. Regarding taxes on the profits obtained from the sale of houses, if the house is used as a primary residence no capital gain tax is paid, however, if it is a second home, you will have to pay a tax on the capital gain.

Mortgage Options in Estellencs

Regarding mortgages, local banks usually require the buyer to contribute at least 20% of the purchase price as a deposit, and the buyer's income must be sufficient to cover the cost of the mortgage and other living expenses. In general, a person can obtain a mortgage of up to 80% of the purchase price in Estellencs.

Local Attractions in and Around Estellencs

Estellencs, located in the province of the Balearic Islands, is known for its luxury homes located in the most sought-after residential areas offering stunning views of the Mediterranean. Accessible by road, Estellencs is only 30 km from Palma, the largest city on the island. Within less than an hour are both the national and international airports of Palma de Mallorca. Estellencs is surrounded by renowned educational institutions, including several schools and looking forward, universities.

Luxury Lifestyle in Estellencs

Nature lovers and outdoor sports enthusiasts will fall in love with Estellencs, with its stunning natural surroundings and activities such as hiking and cycling. The climate is typically Mediterranean, with hot summers and mild winters. Here, nightlife is sophisticated with high-quality restaurants, and there are no shortage of luxury shops for those who enjoy high-end shopping. For cultural entertainment, Estellencs attracts with famous theaters, museums, and galleries. In terms of healthcare, there are several high-quality hospitals and clinics in the area. Finally, the public infrastructure and availability of services in Estellencs are excellent, making life even easier in this charming place.