Cala Rajada is a historical gem in the eastern sector of the island of Mallorca, Spain. With its rich history dating back to the 19th century, it boasts numerous historical places of interest, such as the Cala Rajada Lighthouse and the Torre Cega. This coastal town is located near the Llevant Peninsula Natural Park, offering a Mediterranean climate and spectacular sea views.
Luxury Market in Cala Rajada
In the exclusive property market of Cala Rajada, a strong and stable demand can be observed that rivals the offer of luxury houses and apartments. The political and economic stability of the region is favorable for investment in luxury real estate. However, it is advisable to consider additional costs such as transfer tax, notary fees, possible inspection costs, and real estate agent commissions, which usually hover around 5-10% of the sale price.
Taxes and Mortgages in Cala Rajada
In the case of property taxes in Cala Rajada, these can vary. When buying a house, transfer tax should be considered, the percentage of which may vary depending on the value of the property. Additionly, if you sell a private property that is used as a main or holiday residence, you may have to pay taxes on the gains obtained. As for the general mortgage requirements, these depend on the applicant's income and the financial institution, usually you can get financing of 60-80% of the property price.
Living in Cala Rajada
Living in Cala Rajada is to enjoy the best of luxury and natural beauty. Its most luxury residential areas are mostly located near its coast and natural areas like Cala Agulla. The area is easily accessible by road, connected to Palma de Mallorca, the nearest and largest city which also has an international airport. As for education, there are several high-quality schools that the inhabitants of the area can attend.
Lifestyle in Cala Rajada
Cala Rajada is known for its vibrant nightlife, luxury shops, restaurants, and high-quality hotels. Some key events that illustrate its rich history and culture include its annual Carnival and the Night Market of Cala Ratjada. It also houses various museums and galleries, and local clinics and hospitals provide healthcare services. Cala Rajada is famous for its luxury jewelry, boutiques and department stores targeting high-purchasing power.
Recreation in Cala Rajada
Recreation in Cala Rajada is extensive and varied, with beautiful beaches, mountain trails, and a range of water and outdoor sports activities such as hiking, cycling, golf, and sailing. Those interested in art and culture will enjoy its museums and galleries, like the March Museum. In conclusion, Cala Rajada offers a luxurious life combined with beautiful views, a wide range of activities, and a luxury real estate market that promises to be a solid investment.
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