Located on the picturesque island of Mallorca, Son Servera boasts a rich history marked by a vibrant local culture and landmarks that offer a glimpse into its past. From the iconic Church of Sant Joan Baptista to the ruins of a Mediterranean castle, the town embodies the essence of Spain's rich history. Strategically located between the Sierra de Levante and the turquoise waters of the Mediterranean Sea, Son Servera perfectly combines comfort and natural beauty to offer a luxurious lifestyle.
Exclusive Property Real Estate Market
The exclusive property market in Son Servera is strong and stable, with a constant demand for luxury houses and apartments thanks to its highly desirable location. The current demand balances the supply, making this market a prime destination for both buyers and investors.
Real Estate Costs
When buying a luxury house in Son Servera, it's crucial to consider the additional costs. These include a 10% transfer tax, real estate agent fees ranging from 3-7%, notary fees, and potential construction inspection costs. Similarly, for sellers, the average real estate commission is around 5%. However, these costs can vary depending on specific property factors.
Taxes
The wealth tax in relation to a house in Son Servera is 2.5%, after corresponding discounts and exemptions. For profits made when selling a house, taxes must be paid, with the rate depending on the residence status of the property. The income taxes for registered residents of Son Servera range from 19-47%.
Mortgage Requirements
In general, the mortgage requirements for buying a house in Son Servera stipulate that the buyer have a good credit history and be able to demonstrate sufficient income. The mortgage amount can be up to 70% of the property value for non-residents and up to 80% for residents.
Luxury Residential Areas in Son Servera
The most expensive and sought-after areas in Son Servera include the exclusive Costa de los Pinos and the prestigious Bellavista, both known for their luxury houses and stunning views.
Accessibility
Son Servera is easily accessible by road and is just an hour's drive from Palma de Mallorca, the largest city on the island. Nearby airports include Palma de Mallorca Airport and Menorca Airport.
Local Facilities
In Son Servera, residents and visitors have access to a variety of luxury shops, high-quality restaurants, and an exciting nightlife. The town hosts a variety of cultural and sporting events annually and is close to various educational institutions. The stunning natural setting of Son Servera is ideal for sports and outdoor activities.
Services in Son Servera
The infrastructure in Son Servera is high standard. Residents have access to a variety of public and private services, including nearby hospitals and clinics. This, along with its vibrant community, makes the town an ideal place to live a luxurious lifestyle.
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