Located on the beautiful island of Mallorca, Cala Figuera shines like a jewel in the middle of the Mediterranean. This picturesque fishing village, with its rich history dating back to Roman times, attracts visitors from around the world with its steep and narrow streets and its iconic whitewashed houses. The port, which was once a bustling commercial harbor, still provides unparalleled charm, a vestige of past centuries. Furthermore, Cala Figuera's privileged geographical location, in the southeast of Mallorca and between two cliffs, makes it a truly unique and exclusive destination.
Cala Figuera Real Estate Market
At this time, the exclusive property market in Cala Figuera is strong and stable, thanks to the constant demand for luxury houses and apartments, which favorably compares with the supply. The economic and political situation also remains stable, which reassures buyers.
Costs and Commissions for Real Estate
When buying a house in Cala Figuera, the buyer should bear in mind that they will pay approximately 3% commission to real estate agents. The sellers, on the other hand, pay around 5% in commission. In addition to the purchase price, buyers will need to consider additional costs such as the transfer tax, notary fees, and possible building inspection or legal costs.
Taxes and Additional Costs
The transfer tax on private property in Cala Figuera is 8%, while the wealth tax is nominal. When selling a house, it is necessary to pay taxes on any profits if the house is used as a second residence.
Mortgage Requirements
The general mortgage requirements to buy a house in Cala Figuera involve a balanced relationship between own capital and external financing, as well as demonstrating stable income.
Popular Residential Areas
The most prestigious and sought-after residential areas in Cala Figuera are those located around the port and near the cliffs, where properties offer stunning sea views.
Accessibility and Services of Cala Figuera
Cala Figuera is well connected by road to the island's capital, Palma de Mallorca, located about 60 km away. The Son Sant Joan International Airport is also relatively close, at an approximate distance of 50 km. In terms of educational institutions, there are several recognized schools and universities within a reasonable driving distance.
I will be providing more information on these and other questions in the next update of the article. Keep visiting our site to stay updated with the latest information about luxury living in Cala Figuera.
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