Situated in a fertile valley between mountains and sea, Soller enjoys a long history that has left in its environment a unique marriage between natural heritage and historic buildings, such as the Baroque Sant Bartomeu church and the modernist Mercat Municipal. Thanks to its always coveted location in the idyllic mountainous landscape of the Serra de Tramuntana, next to the north-west coast of Mallorca, the magical city of Soller has been attractive to luxury home buyers for centuries. Recognized for its charming alleys, wonderful gardens and richly detailed hotels and villas, Soller presents a harmonious mixture of old and new influences. That's why this destination is seen as a jewel amongst the luxury real estate community of Mallorca.
Exclusive Property Market in Soller
The current market for exclusive properties in Soller is strong. Despite the global situation, demand for luxury houses and apartments in Soller continues to outstrip supply, thanks to its desirable location and serene beauty, making it a perfect choice for luxury living.
Buying a Home in Soller
When buying a house in Soller, several additional costs need to be taken into account beyond the final sale price. These include a transfer tax of approximately 8%, commissions from real estate agents which are usually 3% to 5%, notary fees and possible building inspection or legal costs. The average real estate commission paid by a buyer when buying a house in Soller is between 3% and 5%, and the seller pays a similar commission.
Local Taxes
The wealth tax on a privately owned house in Soller can vary, but it is calculated based on the owner's overall wealth. Regarding income tax, the rate for registered residents of Soller can change based on their overall income.
Mortgages
The mortgage requirements can vary, but generally, banks in Soller offer up to 70%-80% of the purchase price of a house as a maximum mortgage.
Luxurious Neighborhoods in Soller
The most expensive and sought-after residential areas in Soller are Port de Soller and the old town of Soller. Both are known for their historic houses, panoramic views and proximity to essential amenities.
Accessibility to Soller
Soller is easily accessible through the picturesque Soller railway and excellent road networks, and is only 30 minutes drive from the city of Palma de Mallorca.
Local Facilities
As well as its rich heritage, Soller is also known for its wide range of high-quality facilities and services. Residents and visitors can enjoy excellent healthcare provision at the local hospital, a variety of outdoor activities, historical and cultural events, luxury shopping, and a wide variety of high-quality restaurants and hotels. Also, it offers quick and easy connection to Palma and Palma de Mallorca international airport.
Living in Soller
Soller is a town rich in history and culture, with a large number of events held throughout the year, from festivals and sporting events, to exhibitions in museums and galleries. With a Mediterranean climate that guarantees long, sunny summers, and mild winters, Soller is also a paradise for lovers of sports and outdoor activities. The entertainment options are not limited to daytime, as the vibrant nightlife and elegant casinos ensure there's always something to do in Soller. Its infrastructure provides excellent services and the quality of life is high, making Soller the perfect place to buy a luxury house and enjoy the Mediterranean lifestyle.
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