Costa D'en Blanes and Bendinat are prestigious residential areas, known for their rich history and geographical beauty. Nestled between the sea and mountains, these neighborhoods offer an unparalleled luxury lifestyle. From their roots as major commercial ports to their current status as the cradle of luxury properties, these neighborhoods have much to offer. Historical castles and old palaces give the area a unique charm.
Exclusive Property Market
Currently, the exclusive property market in Costa D'en Blanes and Bendinat is strong and stable. Demand consistently exceeds supply, making these areas highly sought-after destinations for purchasers of luxury homes.
Political and Economic Stability
In terms of political and economic stability, Costa D'en Blanes and Bendinat enjoy a stable situation thanks to their strong economy and stable government.
Commissions and Additional Costs
After purchasing a luxury home in these locations, buyers should consider an average real estate commission of 5%, although this can vary depending on the property and the agent. If you are the seller, a similar commission should be considered. Additionally, additional costs such as transfer tax, notarial fees, and possible building inspection or legal costs should be taken into account.
Fiscal Situation
As for the tax situation, the transfer tax on private property in Costa D'en Blanes and Bendinat averages 8%. The wealth tax for private luxury properties can vary, typically being 1% per year. When selling a private property that is used as the main residence, no tax is paid on the profits. However, if the property is used as a second home or holiday home, then the profits will be subject to tax.
Luxury Life in Costa D'en Blanes / Bendinat
The luxury lifestyle in these areas is unparalleled. The most expensive and sought-after residential districts of Costa D'en Blanes and Bendinat offer panoramic sea views, tranquility and stunning architecture. The areas are well connected by road and rail, as well as being a short distance from Palma de Mallorca, the nearest major city.
Education and Health
In the surroundings of Costa D'en Blanes and Bendinat there are a large number of high-quality educational institutions, from schools to universities. The nearby hospitals and clinics have top-tier facilities and staff.
Leisure Opportunities
With access to luxury shops, high-quality restaurants and exclusive nightlife, life in Costa D'en Blanes and Bendinat is a luxury experience. Outdoor activities are abundant, with golf, tennis and boating among the most popular.
In general, Costa D'en Blanes and Bendinat offer a luxury lifestyle in a setting of natural beauty. With luxury properties in demand and a strong economy, these neighborhoods are ideal places to invest in luxury real estate.
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