Located in the picturesque southeast of Mallorca, S'horta is a town with a rich history and heritage. Surrounded by the impressive mountains of the Sierra de Llevant and overlooking the Mediterranean Sea, it holds a geographically advantageous position. S'horta has preserved its authenticity, and its charm is the result of centuries of history and culture. There are numerous historical sites in the surrounding area bearing testament to the town's past.
S'horta's Real Estate Market
The real estate market in S'horta is quite stable with a strong demand for luxury properties. The prime location, high-quality housing, and stupendous views often make the supply short of the demand.
Real Estate Purchase Costs in S'horta
When purchasing a home in S'horta, several additional costs should be considered. These include the property transfer tax, real estate agent commissions, notary fees, and potential building inspection or legal costs. The average commission for the buyer is 3% and for the seller is 6%.
Taxes in S'horta
The property transfer tax in S'horta is 10%. In addition, a wealth tax of 1.5% must be paid. As for the profits tax gained from selling a house, it varies depending on whether the property is the main residence or a second home.
Prominent Areas and Accessibility of S'horta
The most sought-after residential areas in S'horta include the spectacular Costa de los Pinos and Cala Marçal beach. S'horta is well-connected with an efficient road network and a train station.
S'horta's Local Attractions and Services
S'horta offers a wide range of opportunities for outdoor activities, from mountain hikes to water sports in the crystalline waters of the Mediterranean. The town also has a plethora of luxury shops, elegant hotels, and high-quality restaurants. Moreover, S'horta is famous for its vibrant nightlife and cultural events.
Hospitals and Public Services
There are several health centers and hospitals in the surrounding region, ensuring quick and easy access to medical care. The public infrastructure of S'horta is top-tier, and services are readily available.
Please remember that these pieces of data are general. For accurate and specific information to your case, we advise you to consult with a financial or tax advisor.