Estellencs - Esporles - Cala Estellencs

Located on the hillside of the Sierra de Tramuntana, the town of Puigpunyent boasts a rich history that dates back to prehistoric times. Vestiges of prehistoric and Roman communities can still be found in its surroundings, evidencing the long occupation of this area. Known for its stunning natural environment and protected areas, this quiet town offers breathtaking views of the sea and mountains, and is located just a few kilometers west of Palma.

Real Estate Market in Puigpunyent

The exclusive property market in Puigpunyent is considered stable, with constant demand for luxury homes and apartments from both local and international buyers. Although the supply of high-end properties keeps pace with the demand, it is important to underline that the exclusive and desirable nature of Puigpunyent can result in significant competition for luxury properties.

Financial Aspects of Buying a House in Puigpunyent

When purchasing a luxury home in Puigpunyent, there are several additional costs to bear in mind. These include property transfer tax, real estate agent commissions, notary fees and potentially home inspection or legal fees. The transfer tax in Puigpunyent is 8%, while real estate agents commissions are typically between 3%-5%, paid by both the buyer and the seller. Additionally, the wealth tax falls on each owner depending on the tax valuation of the property.

Mortgage Requirements and Location of Puigpunyent

In terms of financing, most financial institutions in Puigpunyent are willing to lend up to 80% of the purchase value of the property. In terms of location, Puigpunyent is 15 minutes from Palma, the nearest city. Additionally, it is a 20-minute drive from the international airport of Palma de Mallorca.

Life in Puigpunyent

Located in the province of the Balearic Islands and with an approximate population of 2,000 inhabitants, Puigpunyent is a hidden gem with an impressive array of luxury shops, high-quality restaurants, and luxury resorts. It offers a Mediterranean climate with hot summers and mild winters. Residents and visitors can enjoy a variety of outdoor activities, such as hiking, biking and swimming at nearby beaches.

Culture and Events in Puigpunyent

Puigpunyent is famous for its annual festival, the Fiesta de Sant Juan, a celebration that honors the patron saint of the town with music, dances, and culinary events. Nearby attractions include the Galatzó Finca Pública and the Museu Balear de Ciències Naturals.

Infrastructure in Puigpunyent

Puigpunyent has a solid public infrastructure and a wide range of services available. It has access to high-quality health care, with the Hospital Universitari Son Espases nearby. The quality of life in Puigpunyent is enhanced by its proximity to nature and the tranquility provided by its surroundings.