Campos is steeped in history, with a large number of monuments and historical sites displaying the rich past of the region. This exclusive locality boasts a privileged geographical location, encompassing everything from the sea to natural amphitheatres. This town maintains an impressive balance between its rich cultural history and contemporary development, making Campos a true gem in the luxury real estate market.
Real Estate Market in Campos
The current trend in the Campos real estate market is strong and stable. This is supported by a constant demand for luxury properties, despite an accumulated supply. The political and economic situation in Campos is also considered stable, providing a secure environment for investors.
Acquisition Costs and Commissions
When buying a luxury house in Campos, buyers should consider some additional costs. The average real estate commission is about 6%, paid by both buyers and sellers. Other costs may include notarization fees, potential building inspection costs, and legal expenses.
Taxes and Mortgage Requirements
In Campos, the private property transfer tax is around 10%. The wealth tax for a house in Campos varies depending on several factors, including the value of the property and the residency status of the owner. For mortgages, banks typically require a balanced debt-to-income ratio relative to the house purchase price.
Residential Areas and Accessibility
The most sought-after residential areas in Campos include the exclusive coastal area and the old town. Campos is noted for its excellent connection to the nearest major city, Palma de Mallorca, via a modern network of roads and railroads. Additionally, the municipality is a short distance from several national and international airports.
City Features and Community Services
Campos offers a variety of high-quality schools, universities, and training institutions. In addition to its rich culture, Campos boasts a vibrant sports and outdoor activities scene. Campos is known for its luxury shops and a variety of restaurants, hotels, and exclusive nightlife. The natural surroundings of Campos are stunning, with beautiful beaches and nature reserves.
Events and Cultural Destinations
Campos hosts various historical, cultural, and sporting events throughout the year, adding to the town's luxury lifestyle appeal. The city is home to numerous museums, art galleries, and theatres.
Infrastructure and Health Services
Public infrastructure in Campos is robust, with an excellent health system that includes numerous local hospitals and clinics. The city is known for its high living standards and the wide range of services available to residents.
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