Capdella, a small village with a rich history, is located in one of the most captivating areas of Mallorca. Famous for its Gothic-style church and charming stone houses, Capdella's geographical location offers easy access to both the mountain and the coast. Here, visitors can relive history while exploring ancient water mills, or the famous Capdella Castle, an archaeological site.
Capdella Real Estate Market
The market for exclusive properties in Capdella is currently stable, with a subtle increase in demand for luxury homes and apartments. The political and economic situation here is generally stable, adding an extra level of confidence for potential home buyers.
Involved Costs
A buyer can expect to pay an average real estate commission of 5% when buying a house in Capdella. In addition to the agents' commission, the transfer tax, notary fees, and potential inspection costs or legal expenses should be taken into account. In Capdella, the transfer tax ranges from 8-10%, depending on the property's value.
Taxation
The wealth tax on private property ownership of a house in Capdella varies depending on the property's value and the individual's tax situation. However, residents are obliged to pay income tax, which has an average rate of 25%. There are also taxes on profits gained from selling a house, whether primary residence or second home, with rates varying based on the duration of ownership and other factors.
Mortgage and Localization Requirements
The relationship between own and foreign capital, as well as income requirements, are important considerations when buying a house in Capdella. Generally, a mortgage can be obtained for up to 80% of the purchase price. The most expensive and sought-after residential areas in Capdella are those with mountain views and coastal access.
Accessibility and Services
Capdella is well-connected by road and is approximately 30 minutes from Palma city and 35 minutes from Palma International Airport. There are several high-quality schools and universities in and around Capdella. In addition, Capdella offers a natural and rugged environment, diverse luxury shops, high-quality restaurants, and annual cultural and sports events.
Life in Capdella
Located in the province of Mallorca, Capdella has a population of around 1,000 inhabitants. Famous for its warm climate and beautiful natural surroundings, Capdella offers a variety of outdoor sports and activities, including hiking, cycling, and golf at some of Spain's most prestigious courses. Nightlife in Capdella is centered on dining in its sophisticated restaurants and enjoying its unparalleled night life. There are several nearby hospitals and clinics and the public infrastructure and services are of high quality.
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