Cas Mut, a charming location of great historical and heritage wealth, is located in the region of Ibiza. Traces of prehistory and beautiful places of interest such as the Church of Sant Agustí rest on its territory. Its location on top of a hill grants unparalleled views of the sea and the surrounding landscape. This beautiful town is the perfect setting for those who dream of a luxury home in a natural location.
Real Estate Market in Cas Mut
The exclusive properties' real estate market in Cas Mut is robust and constantly growing. This trend is evidenced through a continued demand that exceeds the existing supply of luxury homes and high-end apartments. Regarding the political and economic situation, Cas Mut enjoys stability, which contributes to the strengthening of the real estate market.
Expenses and Taxes in the Purchase of Luxury Properties
In Cas Mut, the average commission in real estate transactions is 5% for both the buyer and the seller. However, when purchasing a luxury house or apartment, other costs such as the real estate transfer tax (around 8%), agent commissions, notary fees, and potential building inspection or legal consultancy costs should be considered.
Taxes in Cas Mut
Here, the wealth tax for homeowners is between 0.2% - 2.5%. When selling a private property used as the main residence, no taxes are paid on the profits obtained, however, they do apply if the property is used as a second home or vacation home. Companies registered in Cas Mut must pay a corporate income tax of 25%. As for residents, the income tax ranges between 24% and 47%, depending on their income level.
Mortgage Market in Cas Mut
To buy a house in Cas Mut, banks usually lend up to 80% of the purchase value, although requirements may be stricter for luxury properties. The buyer's income must be sufficient to cover mortgage payments and other existing financial obligations.
Attractions of Living in Cas Mut
Cas Mut is a hidden gem among the hills and the Mediterranean Sea, a place where glamor and tranquility intertwine. Its luxury homes are mainly located in high-end neighborhoods such as Cala Jondal and Es Cubells. Access to Cas Mut is easy, either by road or rail.
The proximity to Ibiza, only about 30 km away, provides easy access to a large and developed city. National and international airports, such as Ibiza Airport, are within a reasonable distance.
Cas Mut offers a wide list of options for education, from private schools to top-notch universities. As for the environment, Cas Mut is a perfect blend of nature, water, and landscape, with a Mediterranean climate that allows enjoyment of sport and outdoor activities. The place is filled with luxury stores, expanding the possibilities of a lifestyle full of sophistication.
Finally, Cas Mut offers a brilliant social life, with high-quality hotels and restaurants, such as the famous Can Domingo Restaurant. Nightlife and entertainment are guaranteed, and the place is the stage for various sporting and cultural events throughout the year. Additionally, the proximity of museums, theaters, and galleries enrich the cultural atmosphere.
In terms of health, Cas Mut has several high-quality hospitals and clinics nearby. The public infrastructure is solid, with a diversity of accessible services for all residents of this charming town.