Nestled on the island of Mallorca, Santa Maria del Camí stretches over fertile and picturesque land, full of vineyards and almond trees. This Majorcan town is rich in history, highlighted by its 17th-century parish church and ancient noble houses. Located in the heart of the island, it is conveniently situated just 15 km from Palma, the main city. Moreover, its central position on the island allows for quick and easy access to all parts of Mallorca.
Santa Maria Del Camí and the Luxury Real Estate Market
The market for exclusive properties in Santa Maria del Camí is enjoying a stable period, despite global economic fluctuations. The balance between the supply and demand for luxury real estate remains constant, attracting both domestic and international buyers. Additional costs when buying a luxury home include an average real estate commission of 5%, notary and inspection costs, and the property transfer tax stipulated by the government of the Balearic Islands, which is approximately 8% to 10%.
Taxes and Mortgage Requirements for Buying in Santa Maria
Residents of Santa Maria del Camí face a number of taxes, including a wealth tax on private property and a tax on the profits earned from selling a private house or apartment. Residents are also subject to Spain's general mortgage requirements, of up to 80% of the property price for residents and up to 60% for non-residents.
Luxury Residential Areas and Accessibility
Santa Maria del Camí is known for its luxury residential areas located in the surrounding hills, especially the luxury houses and estates in the regions of Son Seguí and Bunyolí. The town is well connected by road and can be reached by car in 20 minutes from Palma de Mallorca. In addition, it is approximately 25 km from Palma de Mallorca International Airport.
Life and Services in Santa Maria del Camí
Santa Maria del Camí, with a population of around 7,000 inhabitants, offers a peaceful village environment with a welcoming community. Residents enjoy a Mediterranean climate and can participate in a variety of sports and outdoor activities throughout the year. In addition to a variety of luxury shops, the town is famous for its high-quality restaurants such as the Sa Sini Restaurant and the Fonda de Artà. It is also home to various cultural and sporting events each year, including the famous Sunday Market and the International Classic Rally.
For those interested in healthcare and medical attention, the public infrastructure of Santa Maria del Cami is solid, with several nearby hospitals, including the Universitat Son Espases Hospital and the Basic Inca Hospital.
Acquiring a property in Santa Maria del Camí offers not only a luxurious Mediterranean lifestyle but also an investment in a land of historical and natural beauty.
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