Santa Gertrudis, Ibiza, is a charming town, rich in history and steeped in traditions embedded in its foundational core, made up of the church and a series of traditional country houses. Filled with historical monuments and immersed in the rich history of Ibiza, it turns any walk into a journey into the past. Its geographical location in the center of the island gives it a great advantage, making it a meeting point for residents and visitors. The village of Santa Gertrudis offers a luxurious lifestyle in a setting of tranquility and rural beauty, a short distance from the cosmopolitan heartbeat of Ibiza city.
Market for Exclusive Properties in Santa Gertrudis, Ibiza
Currently, the market for exclusive properties in Santa Gertrudis can be described as stable, thanks to the high demand for luxury houses and apartments. Such demand is backed by an offer that meets expectations, offering a wide range of luxury properties, from modern villas to refurbished rustic estates.
Current Political-Economic Situation
The political and economic situation in Santa Gertrudis is perceived as stable, which is a draw for those interested in investing in the purchase of luxury properties in this privileged location.
Additional Costs Associated with Purchase
The average real estate commission paid by a buyer when purchasing a house in Santa Gertrudis is around 3-5%. Among the additional costs, one should consider the transfer tax which varies between 8-10% depending on the value of the property, legal and notarial fees, along with possible building inspection costs.
Taxes and Other Payments when Purchasing a Property
As for the wealth tax, the percentage is 0.2% on the cadastral value of the property. The income tax for registered residents is 24%, and up to 47% depending on the income bracket. The corporate profit tax is 25%.
Mortgage and Capital-Property Ratio
In general terms, banks in Santa Gertrudis offer up to 60-70% of the purchase price of the property in the case of non-residents and up to 80% for residents.
Residential Areas and Accessibility
The most expensive and sought-after residential areas of Santa Gertrudis are those in its surroundings where prestigious villas and luxury mansions are grouped. Santa Gertrudis is easily accessible by road and has good connections with Ibiza city, which is 10 km to the south.
Education and Services
The village hosts some of the most respected educational institutions in Ibiza, including the Morna International College. As for services, Santa Gertrudis has an excellent level, with a wide variety of shops, supermarkets, and restaurants.
Life in Santa Gertrudis, Ibiza
Santa Gertrudis is characterized by its quiet atmosphere and stunning natural landscapes. It offers hiking and cycling activities along rural routes. In addition, the town has luxury shops, famous restaurants, and a thriving nightlife. The state of public infrastructure is excellent and services, including access to healthcare, are of high quality.
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