Nestled in a historical location overlooking the ocean, Alcanada is an oasis of luxury and culture. With roots dating back to the 12th century, the region combines history and modernity with ease, offering its inhabitants a life of exclusivity. The many historical sites of Alcanada, from ancient windmills to the majestic San Jaime church, add a unique charm to this luxury destination. Alcanada's geography offers great advantages with its easy access to the Mediterranean Sea, mountains, and lush vegetation surrounding it.
Luxury Real Estate Market in Alcanada
The market for exclusive properties in Alcanada is currently stable, with demand equaling the supply of luxury houses and apartments. This balance is the result of a stable political and economic situation in the region, offering security and confidence to luxury property buyers.
Property Costs in Alcanada
As a buyer of a luxury home in Alcanada, several additional costs will need to be taken into account. The average real estate commission paid by a buyer typically ranges between 1% and 2%. In addition, buyers should consider property transfer costs, notary fees, and possible inspection or legal costs.
The property transfer tax on private property in Alcanada is approximately 10%. In addition, buyers should keep in mind wealth tax, which varies depending on the property value. When selling private property in Alcanada, it's important to be aware of capital gains taxes, which can also vary.
Mortgage Credit in Alcanada
The general mortgage requirements for buying a house in Alcanada largely depend on the bank. However, typically the equity should be at least 30% of the purchase price.
Living in Alcanada
Alcanada boasts a set of highly sought-after luxury residential areas, including the coastal area near the famous Alcanada lighthouse and the hills overlooking Alcanada bay. These areas provide access to several high-quality schools, universities, and training centers.
Alcanada is best enjoyed outdoors, with a wide range of sports and water activities such as surfing, sailing, and golf, with the Alcanada Golf Club being especially famous. In addition, the region has luxury shops, high-end restaurants, and exclusive entertainment such as the Alcanada Casino.
Culture and Entertainment in Alcanada
Alcanada hosts various cultural and sporting events throughout the year, including the Alcanada Music Festival and traditional sailing regattas. Local art galleries and museums, such as the Sa Bassa Blanca Museum, offer a variety of exhibitions and cultural experiences.
Public Services and Health in Alcanada
Alcanada is well-equipped with public services and has numerous health care facilities, such as the Muro Hospital and the Juaneda Alcudía Clinic. Public infrastructure is developed to the highest level, with easy road and rail access, and short distances to national and international airports, such as Palma de Mallorca Airport.
Experience luxury living with style in Alcanada, a blend of culture, history, and exclusivity.