Santa Eulària des Riu, located on the beautiful island of Ibiza in the Balearic Islands, is a town with a rich history that dates back to ancient times. It is distinguished by its emblematic Puig de Missa, a fortified 18th-century church that dominates the city from above. This charming municipality is the only one on the island with a river, the Riu de Santa Eulària, adding to the natural splendor of the region. Located just 21 kilometers from Ibiza town, Santa Eulària des Riu is known for its charming family-friendly atmosphere and cultural heritage.
Luxury Real Estate Market in Santa Eulària des Riu
The exclusive property market in Santa Eulària des Riu is currently strong, characterized by a demand that exceeds the supply of luxury houses and apartments. With a stable investment climate and a favorable economic environment, the region remains an attractive destination for high-profile buyers.
Financial Aspects and Commissions
When considering purchasing a luxury property in Santa Eulària des Riu, it's essential to take into account several additional costs. The average real estate commission paid by a buyer ranges between 3% and 5% of the purchase price, while sellers usually pay similar commissions. Additionally, a transfer tax of approximately 10% is applied to private property. Wealth tax is not charged independently, but estate taxes may vary depending on various circumstances.
Mortgage Requirements and Options
For those interested in acquiring a property in Santa Eulària des Riu, it is possible to obtain up to 70% of the purchase price through a mortgage, depending on the buyer's financial situation. General mortgage requirements consider the relationship between domestic and foreign capital, as well as the applicant's demonstrable income.
Exclusive Residential Areas
The most prestigious residential areas in Santa Eulària des Riu include Cap Martinet and Roca Llisa, known for their stunning properties and sea views. These areas are especially appreciated by individuals seeking luxury and privacy in a picturesque setting.
Accessibility and Transportation
Santa Eulària des Riu is well-connected by road, while public transportation is mainly via buses. The town is approximately 25 minutes by car from Ibiza Airport, which offers both domestic and international flights.
Education and Health
In terms of education, Santa Eulària des Riu offers access to excellent international schools, such as Colegio Mestral and Morna International College. In healthcare, nearby clinics like the Santa Eulària Health Center provide quality medical care.
Natural Environment and Climate
The surroundings of Santa Eulària des Riu are impressively beautiful, with landscapes that combine golden sandy beaches, crystal-clear waters, and green hills. The climate is typically Mediterranean, with hot summers and mild winters, ideal for enjoying nautical sports and outdoor activities like hiking or cycling.
Cultural and Leisure Activities
The cultural offerings include museums like the Ethnographic Museum of Ibiza and annual events such as the Patron Saint Festivals of the Virgen del Carmen. For nightlife and gastronomy, renowned places like the Amante restaurant or Nikki Beach Club offer unforgettable experiences.
Infrastructure and Public Services
The public infrastructure in Santa Eulària des Riu is well-developed, with all essential services included. From well-maintained roads to telecommunications services, the region ensures comfort and safety for its residents.