Sant Lluis, a peaceful gem of Menorca, combines deep history with an enviable geographical location. Founded by the French in the 18th century, it hosts beautiful historical sites, such as the Church of San Luis, ancient fortifications, and traditional white windmills. Located in the southeast of the island, Sant Lluis offers quick access to Menorca's stunning beaches, the s'Albufera natural reserve, and the charming city of Mahon.
Luxury Real Estate Market in Sant Lluis
The current market of exclusive properties in Sant Lluis is stable, with a healthy demand and supply of luxurious homes. This balance is due to its peaceful atmosphere and high appreciation as a place of residence.
Costs Associated with Buying a Property in Sant Lluis
When buying a luxury home in Sant Lluis, both buyers and sellers usually assume a real estate commission of 5%. Additionally, the buyer may incur additional costs such as the property transfer tax (10% in Menorca), notary fees and possible building inspection costs. The wealth tax on private property in Sant Lluis varies depending on the value of the property and the individual circumstances of the owner.
Mortgages and Financing
Mortgage loans in Sant Lluis usually require a deposit of 20% to 40% of the purchase price. Generally, the mortgage cannot exceed 80% of the purchase price. However, each financial institution may have different criteria, so it is advisable to consult with several banks before making a decision.
Living in Sant Lluis: Amenities and Services
Residents of Sant Lluis have easy access to Mahon, the nearest city, just 10km away. Menorca's airport is a short drive away. Sant Lluis is also well positioned with respect to Menorca's road system, allowing convenient trips to other destinations on the island.
The natural environment surrounding Sant Lluis is truly breathtaking. The white sandy beaches, the crystal clear waters of the coast and the rural landscape offer endless possibilities for sports and outdoor activities. Luxury lovers will enjoy the select shops in the area and the high-quality restaurants and hotels that are located in the town and its surroundings. Highlights include the famous Pan y Vino restaurant, and the Alcaufar Vell and Biniarroca hotels.
To meet educational needs, Sant Lluis has good schools, while nearby Mahon hosts both the University of the Balearic Islands and a number of technical training institutes. The Mateu Orfila Hospital in Mahon is a short drive away.
The level of public infrastructure and the availability of services in Sant Lluis is excellent, including reliable water and electricity, good Internet coverage, regulated waste collection, and well-maintained streets. In terms of the cultural scene, Sant Lluis hosts the famous annual summer music festival and there is a variety of museums and galleries throughout the island to enjoy.
Our beautiful Sant Lluis is the perfect destination for those seeking to live a peaceful and luxurious life in a charming locality with a strong connection to its rich history and beautiful nature.