Located in the heart of the Balearic island of Ibiza, Cala Llonga is a privileged place that combines history, luxury, and nature in an unbeatable environment. This exclusive residential area has been a point of interest since ancient times, as demonstrated by its old Sa Torre Vigía fortress, a must-stop for any visitor. Its impressive panoramic views of the Mediterranean and its proximity to the city of Ibiza, the island's capital, make this enclave an idyllic place to acquire a property.
Exclusive Property Market in Cala Llonga
The market for exclusive properties in Cala Llonga is strong and stable, with a demand that remains constant for luxury houses and apartments. The current political and economic situation in Cala Llonga is stable, contributing to the solidity of the real estate market in this premium area.
Additional Costs and Tax Obligations when Buying in Cala Llonga
The average real estate commission in Cala Llonga is around 5% for both the buyer and the seller. Additional costs to consider when buying a luxury home in Cala Llonga may include the transfer tax, real estate agent fees, notary fees, and possible building inspection costs and legal expenses.
The transfer tax in Cala Llonga, which is 8%, and the wealth tax on private property can vary depending on the property's valuation. You may have to pay taxes on profits when selling a privately owned house or apartment in Cala Llonga, whether it is a primary residence or a second home.
For residents registered in Cala Llonga, the income tax is around 24%, while it is 25% for companies registered in Cala Llonga.
Mortgage Requirements and Popular Residential Areas
Potential buyers need to meet general mortgage requirements, which may include a ratio of domestic and foreign equity and income for the purchase of a house in Cala Llonga. The amount of mortgage that can be obtained depends on the purchase price and the lender's assessment.
The most sought-after and expensive areas where luxury homes are located include areas near the sea and panoramas on the top of the hill.
Accessibility, Education, and Infrastructure of Cala Llonga
Cala Llonga is well connected by both road and rail, and it is a short distance from the city of Ibiza. The nearest national and international airports are Ibiza Airport and Palma de Mallorca Airport.
The proximity of recognized educational institutions, such as the University of the Balearic Islands, and several schools and universities, ensures educational excellence.
Attractions and Advantages of Life in Cala Llonga
In Cala Llonga, you can enjoy an exceptional natural environment, combined with a pleasant climate all year round. The town offers ample possibilities for sports and outdoor activities, including golf, tennis, hiking, and water sports.
Cala Llonga also has several luxury shops, high-end hotels, renowned restaurants, and vibrant nightlife.
It has a rich cultural heritage, with several events such as the Cala Llonga Festival, and proximity to museums, art galleries, and theaters. Finally, Cala Llonga has a complete and accessible public infrastructure, including modern hospitals and clinics.
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