Sa Caleta - Ferreries - Mercadal

Ciutadella de Menorca is a historical gem, located on the island of Menorca, the easternmost of Spain's Balearic Islands. With its immaculate porticoed streets and elegant Gothic cathedral, it is a showcase of history. Ciutadella was the capital of Menorca until the early 18th century, a legacy evident in its many old buildings and historical monuments. Moreover, its geographical location offers stunning views of the Mediterranean, creating an unmatched luxurious living atmosphere.

The Luxury Real Estate Market in Ciutadella de Menorca

The market for exclusive properties in Ciutadella de Menorca remains stable, despite the many challenges the global economy has faced. The demand for luxury houses and apartments in the area is balanced with a stable supply.

Taxes and Fees in Ciutadella de Menorca

When buying a house in Ciutadella de Menorca, there are several additional costs to consider. The average real estate agent's commission is usually 5% of the selling price for both the buyer and the seller. In addition, a property transfer tax must be paid, which varies depending on the value of the property. There are additional taxes such as wealth and capital gains taxes that depend on the use of the property and the tax situation of the owner.

Mortgages in Ciutadella de Menorca

The acquisition of a house in Ciutadella de Menorca often comes with a mortgage. Banks can provide a mortgage up to 80% of the purchase price, subject to income verification and other requirements.

Luxury Residential Areas in Ciutadella de Menorca

The most expensive and sought-after areas in Ciutadella de Menorca include the majestic Plaça des Born and coastal residences with panoramic ocean views. The city is well connected to the rest of the island by road, although there are no railways in Menorca.

Life in Ciutadella de Menorca

Ciutadella de Menorca offers a plethora of outdoor activities, from boat rides to hiking trails. It offers a rich luxury shopping experience, with numerous designer boutiques. In addition, the city hosts several cultural and sports festivals each year, bringing a vibrant rhythm to the tranquil island life.

Services in Ciutadella de Menorca

The city has several educational institutions, quality hospitals, and good public infrastructure. It is noteworthy the proximity to the city of Palma, with air connections to national and international destinations. Living in Ciutadella de Menorca means having the best of both worlds: a peaceful and relaxing atmosphere combined with a vibrant cultural life and a luxurious lifestyle. The careful preservation of its heritage and its unmatched beauty make Ciutadella a special place to call home.