Located on the vibrant island of Ibiza, Sant Antoni de Portmany is a city with a rich history, rooted in its past as a humble fishing village and brought to light in its iconic historical sites, such as the Church of Sant Antoni and the defense towers. Framed by the majesty of the Mediterranean Sea, the city is a magnet for those seeking the luxury and charm of island life. The geography of Sant Antoni is equally impressive, with its stunning coves and beaches, perfect for a variety of water activities. However, the real gem of Sant Antoni is its exciting high-end real estate market.
Luxury Real Estate Market in Sant Antoni
The market for exclusive properties in Sant Antoni de Portmany is considered strong and stable, with a growing demand that often exceeds the existing supply of houses and apartments. The current political and economic situation of the city also contributes to a favorable investment environment.
Additional Costs and Taxes When Buying a Luxury Home
When buying a luxury home in Sant Antoni de Portmany, there are several additional costs to consider. This includes the real estate commission, which buyers and sellers typically pay and varies depending on the property, as well as transfer taxes, notary fees, and potential building inspection costs. The private property transfer tax in Sant Antoni is a certain percentage, while the wealth tax depends on the property value. In addition, capital gains tax should be taken into account when selling the property.
Mortgage Requirements to Buy a House in Sant Antoni
The mortgage requirements to buy a house in Sant Antoni are standard, with banks assessing the buyer's ability to pay the mortgage, as well as the value of the property. Generally, a mortgage can be obtained for up to 80% of the purchase value of the property.
Luxury Residential Areas in Sant Antoni
Luxury properties in Sant Antoni tend to be located in the most expensive and sought-after areas of the city. This includes areas such as Cala Salada and Cala Gració, known for their beautiful beaches and peaceful atmospheres.
Accessibility of Sant Antoni de Portmany
Sant Antoni de Portmany is located in the province of the Balearic Islands and has an approximate population of 20,000 inhabitants. You will receive a warm welcome in this city, where proximity to nature, water, and the stunning landscape is unmatched.
Lifestyle in Sant Antoni de Portmany
The city is attractive for its Mediterranean climate, a variety of luxury shops, and multiple opportunities to enjoy outdoor sports such as hiking, cycling, and water sports. The city is rich in culture, with annual events and establishments like the famous Café Mambo. In addition, Sant Antoni de Portmany offers a wide range of public services and excellent infrastructure.
In summary, buying a luxury property in Sant Antoni de Portmany is more than a financial investment, it is investing in an unmatched luxury lifestyle.
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