Establiments - Puigpunyent - Valldemossa

Esporles is a charming town located in the idyllic Serra de Tramuntana of Mallorca, known for its rich history, beautiful architecture, and lush natural landscapes. With its strategic location that combines mountain splendor with proximity to the sea, this town has been a point of interest for aristocrats and the elite since the 19th century, evidenced by its beautiful and historic villas and estates. Today, Esporles continues to be a favored destination for those seeking a luxury retreat in a peaceful and natural environment. Its proximity to the city of Palma also adds modern convenience to this dream oasis.

The Exclusive Real Estate Market in Esporles

The market for exclusive properties in Esporles remains strong and stable, attracted by its unique combination of rustic charm and sophisticated luxury. The demand for luxury houses and apartments often exceeds supply, demonstrating ongoing attraction and confidence in the location of Esporles.

The Economic and Political Impact

Esporles enjoys a stable political and economic situation, making it a safe investment for luxury home buyers. The average cost of the real estate commission in Esporles ranges between 5-7%, for both buyers and sellers.

Additional Costs When Buying a House in Esporles

When buying a luxury home in Esporles, in addition to the real estate agency's commission, one can expect to pay a transfer tax that amounts to 10%. Other additional costs include notary fees, building inspections, and possible legal costs.

Taxes in Esporles

The wealth tax in Esporles varies depending on the net value of the property, but generally ranges from 0.2% to 2.5%. In turn, the corporate earnings tax for companies registered in Esporles is 25%.

Mortgage Requirements in Esporles

The mortgage requirements to buy a house in Esporles typically require the buyer to contribute 20% of the property's valuation as a down payment. The remainder can be financed through a mortgage, depending on the buyer's income assessment.

Luxury Residential Areas in Esporles

The most exclusive and sought-after residential areas in Esporles are located in the hills surrounding the town and are known for their stunning sea views, and traditional architecture houses renovated to the highest luxury standards. Even though this is a summary, if you need more details about these topics, feel free to get in touch.