S'arracó, an idyllic village located in the municipality of Andratx, Mallorca, has a fascinating history that dates back centuries. With architectural remains such as La Trinitat church and the arched bridge, S'arracó has kept its historic charm intact. Added to the rich history, the geographical location of S'arracó could not be more privileged - undeniable Mediterranean charm amidst the Tramuntana mountains, a benefit that extends to its exclusive properties.
Real Estate Market in S'arracó
The current luxury property market in S'arracó is stable, being a popular destination for both national and international buyers. Comparatively, the demand for luxury houses and apartments in S'arracó balances well with local supply, promoting a healthy market.
Costs and Commissions in S'arracó
The average real estate commission that a buyer pays in S'arracó varies according to the agency and the property, the same applies to the seller's commission. Additional costs to take into account when purchasing a luxury property include: transfer tax, real estate agent fees, notary fees, and possible construction inspection or legal costs.
Nightly Taxes and Value
In S'arracó, taxes are in line with the rest of the Balearic Islands. The private property transfer tax and wealth tax are variable depending on the valuation of the property. Taxes on real estate sales gains are exempt if the property is used as a primary residence and is reinvested in another house in Spain.
Residential Areas and Infrastructure in S'arracó
S'arracó offers exclusive residential areas, such as the attractive Vall de S'arracó. The accessibility of S'arracó is excellent, smoothly welcome developed in traffic management by road, and has a convenient proximity to Palma de Mallorca, the nearest large city. Schools, universities and prominent training institutions, as well as prestigious health facilities, are easily accessible from S'arracó.
Lifestyle in S'arracó
With its wonderful Mediterranean climate, S'arracó offers a wide range of sports and outdoor activities, such as hiking, cycling and golf. The area is packed with luxury shops, and the dining experience, with high-quality restaurants, is simply sublime. S'arracó is also enriched with recurring historical and cultural events, offering great exposure to art and culture in its art exhibitions and theaters, and has top-notch public infrastructure and availability of high-quality services. As a bonus, national and international airports are a short distance away, providing excellent access to destinations around the world.
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