Portals Nous is a picturesque town located on the southwest coast of Mallorca, in the Balearic archipelago, belonging to the province of the Balearic Islands in Spain. This exclusive enclave, known for its rich history, began as a small fishing village and has evolved into a prestigious tourist destination. In its surroundings, various historical sites can be found, such as the nearby Bellver Castle, dating back to the 14th century and offering impressive panoramic views of the island. The picturesque marina of Puerto Portals is also a point of historical interest, known for attracting the international elite.
The Exclusive Property Market in Portals Nous
The market for exclusive properties in Portals Nous is strong and remains stable. The demand for luxury houses and apartments exceeds the supply, making this market a prime location for real estate investment. The current political and economic situation of Portals Nous is stable, providing buyers with a sense of security in their transactions.
Costs and Commissions Associated with Property Purchases
When purchasing a luxury home in Portals Nous, buyers should consider the average real estate commission, typically paid by the seller, which ranges between 5% and 6% of the sale price. Additional costs include the property transfer tax, currently 8-11% of the property's value, depending on the price. There are also notary fees, usually between 0.5% and 1.5%, and potential construction or legal inspection costs.
Financial Aspects and Mortgages
For those interested in financing their purchase, mortgage requirements in Portals Nous generally require significant equity, with financing available up to 70% of the purchase price. Buyers will need to demonstrate adequate income capacity and a good equity-to-financing ratio.
Residential Areas and Accessibility
The most exclusive and sought-after residential areas in Portals Nous include Bendinat, with its stunning sea views and proximity to high-quality golf courses. The town is well connected, with easy road access to the nearby city of Palma de Mallorca, just 10 km away. Palma de Mallorca International Airport is approximately a 20-minute drive, providing national and international connections.
Education and Medical Services
In the vicinity of Portals Nous are some of the leading international schools, such as the Agora Portals International School. In terms of healthcare, Portals Nous is close to major hospitals and clinics, such as Hospital Juaneda Miramar in Palma.
Environment, Climate, and Leisure Activities
Portals Nous offers a stunning natural environment with crystal-clear waters and impressive landscapes. Its Mediterranean climate provides warm summers and mild winters, ideal for enjoying outdoor sports and water activities such as sailing and diving. Additionally, the area hosts luxury shops, high-quality restaurants such as the famous Wellies, and a vibrant nightlife in Puerto Portals.
Art, Culture, and Infrastructure
Although Portals Nous is best known for its luxurious lifestyle, it is close to Palma, where renowned museums and galleries can be found, such as the Museum of Contemporary Spanish Art. The public infrastructure in Portals Nous is well developed, ensuring the availability of high-quality services, perfectly in line with the exclusive lifestyle offered by this beautiful town.
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