L'Alqueria Blanca is a picturesque town located in the southeastern tip of the island of Mallorca, and is part of the municipality of Santanyí, in the province of the Balearic Islands. With a rich history that dates back to the medieval era, it is known for its historical landmarks, such as the parish church of San José, which rises majestically in the center of the village. This enclave, surrounded by stunning natural landscapes, offers views that stretch from the Tramontana mountains to the crystal-clear waters of the Mediterranean. The geographical location of L'Alqueria Blanca, near the most beautiful coves and the Mondragó Natural Park, makes it an idyllic place for those seeking a luxurious lifestyle in a peaceful setting.
The Exclusive Property Market in L'Alqueria Blanca
The exclusive property market in L'Alqueria Blanca is currently strong, with demand slightly exceeding the supply of luxury houses and apartments. Thanks to its attractive environment and strategic location near the most sought-after beaches in Mallorca, this place has become a hotspot in the luxury real estate market.
Political and Economic Situation
L'Alqueria Blanca enjoys a stable political and economic situation, providing a secure environment for property investment. In addition, legal and economic security makes this area an interesting destination for international buyers.
Commissions and Costs Associated with Purchase
When buying a house in L'Alqueria Blanca, buyers generally pay a real estate commission that is around 3% of the purchase price, while sellers usually pay commissions around 5%. Additionally, additional costs such as the transfer tax, which is 10% on private property, and notary fees should be considered. It is important to anticipate possible building inspection and legal advice costs.
Tax Considerations
Taxes on profits made from selling a house in L'Alqueria Blanca vary depending on the use of the property. No taxes are paid on the profits when selling a primary residence, but they do apply for a second home. Income tax for residents is progressive, and it is crucial to be well-informed about tax obligations when investing here.
Financing and Exclusive Residential Areas
To buy a house in this area, it is possible to obtain mortgage financing of up to 70% of the purchase price, depending on the buyer's financial situation. The most sought-after areas include those near the coast and locations with panoramic mountain views.
Accessibility and Services
L'Alqueria Blanca is well connected by road, making it easily accessible from nearby cities and airports. The nearest city is Palma de Mallorca, about 50 km away. National and international airports are within manageable distance, making this area convenient for residents and visitors.
Education and Culture
Close to L'Alqueria Blanca, there are notable educational institutions, including international schools in Palma. In terms of culture, the region offers annual festivals and events that attract tourists and residents alike.
Luxury Lifestyle
The town offers a variety of outdoor activities, such as hiking in the Mondragó Natural Park and water sports in the nearby coves. Additionally, there are luxury shopping options and excellent restaurants in Santanyí. With a well-developed public infrastructure, L'Alqueria Blanca combines the best of luxury with an impressive natural environment.
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