Located on the picturesque island of Mallorca, Caimari embodies centuries of rich history, displayed in its beautiful historic buildings and charming cobblestone streets. Nested in the mountainous region of the Sierra de Tramuntana, this village is known for its exceptional natural beauty and enviable geographical position. Nicknamed "The heart of Mallorca", Caimari is a living testament to Balearic culture and traditions. Embracing Roman, Islamic and Christian influences, its complex history makes it a unique location for those seeking luxury real estate.
Caimari's Exclusive Property Market
Caimari boasts a stable exclusive property market, which meticulously balances the supply and demand of luxury homes and apartments. This stability is an indication of the town's current political and economic situation, which remains firm and promising.
Costs and Rates of Luxury Housing in Caimari
When purchasing a luxury home in Caimari, buyers should consider a range of additional costs. The average real estate commission varies, though it usually hovers around 5% for the buyer. It is crucial to take into account other costs such as transfer tax, notary fees and possible building inspection or legal costs.
Taxes in Caimari
The transfer tax on private property is around 10% in Caimari. The wealth tax on the private property ownership of a house should also be considered, which can vary based on the valuation of the property. The local law also considers taxes on the gains obtained from the sale of a private owned house or apartment, whether as a primary residence or a second home.
Mortgage Loan Requirements and Residential Market in Caimari
The maximum amount of mortgage allowed in Caimari is generally limited to 80% of the purchase price for residents. Among the most sought after residential areas of Caimari are those near the Sierra de Tramuntana, where luxury homes with stunning landscape views are located.
Location and Accessibility of Caimari
Caimari is within a manageable distance from Palma, the largest city of Mallorca, efficiently connected via roads and railway. The village is well stocked in terms of airports, being close to both Palma International Airport and Son Bonet National Airport.
Education and Services in Caimari
Caimari is close to several quality schools, universities, and training institutes. The quality public services and the infrastructure of Caimari make life in the village convenient and enjoyable.
Life and Leisure Opportunities in Caimari
Caimari is known for its outdoor activities, from hiking in the Sierra de Tramuntana to numerous water sports. The village also offers a variety of luxury shops, stylish restaurants and high quality hotels for those seeking a luxurious lifestyle.
Culture and Health in Caimari
Caimari, rich in art and culture, hosts a number of historical events, and has various museums, galleries, and theaters. Of note are the local clinics and hospitals, which offer exceptional health care for the residents and visitors of the town.
In summary, Caimari offers a lifestyle of exceptional luxury and comfort amidst the natural beauties of the island of Mallorca, together with a sophisticated real estate market for those seeking exclusive homes.
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