Nestled in the heart of Menorca, Es Mitjorn is a relay of rich history and rustic charm. This quiet village boasts its cultural heritage with historical sites such as the church of San Cristóbal, and its unique geographical location provides extraordinary views over vast natural landscapes. From the slopes bordering the sea to the high peaks of its mountainous relief, Es Mitjorn is a living postcard of the natural beauty of Menorca. Its enviable landscape, unmatched serenity and warm temperate climate make it an excellent choice for those seeking a luxury lifestyle.
Real Estate Market in Es Mitjorn
The luxury real estate market in Es Mitjorn is notably stable, with constant demand compared to the supply of luxury houses and apartments. The robustness of the local economy and the political stability of the area combine to provide a reliable real estate climate that leaves room for both occasional home buyers and long-term investors.
Costs Associated with Buying Properties in Es Mitjorn
In addition to the purchase price of the property, buyers need to take into account several additional costs. These include a transfer tax which is a percentage of the sale price, payment of real estate commissions, notary fees and possible costs for building inspections and other legal expenses. In Es Mitjorn, the seller usually pays a real estate commission and the buyer pays the transfer tax and legal and notary costs.
Taxes and Fiscal Obligations in Es Mitjorn
Property taxes in Es Mitjorn vary depending on the type of dwelling and its use. However, bear in mind that the transfer tax, property tax and wealth tax will be present. Furthermore, residents who sell a private property used as a main or second home may be subject to taxes on earnings.
Mortgage Loans in Es Mitjorn
Banks in Es Mitjorn generally require buyers to contribute a significant amount of their own capital as a deposit. From there, the maximum amount that can be obtained on a mortgage depends on the value of the property and the applicant's income.
Location and Accessibility of Es Mitjorn
With the most exclusive and sought-after residential areas, Es Mitjorn is accessible by road, with excellent connections to the nearest town, and is at a comfortable distance from national and international airports.
Life in Es Mitjorn
This idyllic place offers a range of facilities for top quality education and training nearby. It boasts an incredible variety of sports and outdoor activities, along with luxury shops and hotels. Residents and visitors can also enjoy a variety of annual cultural, historical and sports events, and partake in nightlife and exclusive casinos. Also, Es Mitjorn is home to a number of notable health institutions and has an excellent public infrastructure and high-quality services. All this contributes to the quality of life in this charming town.