Anchored in the history and culture of Mallorca, Montuïri is a hidden charm, boasting historic monuments such as El Molinar and the prehistoric site of Son Fornés, and is strategically located in the heart of the island. This picturesque municipality is in the province of the Balearic Islands and is known for its ideal landscapes of olive groves and historic windmills. Its privileged location offers a panoramic view of the island and direct access to the mountains, perfect for nature lovers and luxury rural lifestyle.
Luxury Property Market in Montuïri
The luxury property market in Montuïri is in a stable state, with demand balanced with supply. The political and economic landscape is equally stable creating a conducive environment for investors. When buying a luxury home in Montuïri, it is important to consider additional costs, including transfer tax, real estate agent commissions, notary fees, and possible building inspection costs.
Taxes and Mortgages in Montuïri
In Montuïri, the percentage of the transfer tax on private property and the wealth tax can vary and it is best to seek professional advice to fully understand these tax implications. Taxes on the profits from the sale of properties, whether main residences or second homes, are also subject to variations, so it is important to seek local tax advice for accurate information.
Attractions and Accessibility of Montuïri
The most sought-after residential areas are located near the town center and in the surroundings with panoramic views of the island. Montuïri is well connected by roads and railway, and is a moderate distance from Palma, the nearest city. In addition, it has easy access to national and international airports, including Palma de Mallorca International Airport.
Education and Services in Montuïri
There are several quality schools in Montuïri and the nearest universities are located in Palma. Health services are accessible, with several hospitals and clinics nearby. Montuïri also has solid public infrastructure with efficient services.
Luxury Living in Montuïri
Montuïri offers a variety of sports and outdoor activities, including hiking, cycling and swimming, thanks to its beautiful natural environment. The city is home to luxury shops, gourmet restaurants, famous hotels such as WinAustrian Resorts, lively nightlife, and annual cultural events like the famous Montuïri Balloon Festival. Furthermore, Montuïri houses several famous galleries and museums that highlight the rich history and culture of the region.
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