Port Adriano, located on the idyllic southwest coast of Mallorca, brings together an exquisite blend of rich history, natural beauty, and elegant architecture. Since its inception in 1970 by renowned architect Philippe Starck, this luxurious enclave has flourished as a haven of luxury for those who can appreciate the finer things in life. Awarded for its stunning design and enviable location just minutes from Mallorca's capital, Palma, Port Adriano has come to be known as the "Pearl of the Gold Coast." Today, Port Adriano is a testament to vintage elegance, coastal beauty, and luxury living.
Real Estate Market Situation in Port Adriano
The real estate market in Port Adriano is strong and stable, due to its popularity among those seeking luxury properties. Exclusive properties here tend to have high demand that matches their supply, which keeps prices at an optimum point. The political and economic stability of the area also contributes to this solid market, generating confidence among buyers and sellers.
Additional Costs to Consider
Buyers must consider several additional costs when purchasing a house or luxury apartment in Port Adriano. These include the property transfer tax of 8-11%, real estate agent commissions, notary fees, and possible building inspection or legal costs. Sellers, on the other hand, can expect to pay a 5% commission to the real estate agent.
Mortgage Requirements in Port Adriano
Most mortgages in Port Adriano allow for a maximum loan of 70-80% of the property purchase price. Foreign buyers may need to demonstrate solid income and provide a deposit of 30-40%.
Location and Accessibility of Port Adriano
The coast of Port Adriano hosts several luxury residential areas, including El Toro, Cala Vinyes, Sol de Mallorca, and Costa de la Calma. The town is a short drive away from Palma, offering easy road access. The nearest international airports are in Palma and Ibiza.
Local Services and Lifestyle in Port Adriano
In terms of education, several international schools and universities are within a short drive. For personal enjoyment, Port Adriano offers a wide variety of luxury shops, high-quality restaurants, and nightlife entertainment options. There is also more than enough in terms of outdoor sports - golf, tennis, sailing, and hiking are just a few examples.
Given its location in the municipality of Calvià, which has a population of approximately 50,000, Port Adriano offers all the amenities and services necessary for a luxury lifestyle. Its reference hospital is the Son Espases Hospital. The area's natural environment is simply stunning, with beautiful beaches, crystal clear waters, and pleasant weather all year round. In short, living in Port Adriano is truly a luxurious experience.
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