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Located on the charming island of Mallorca, Santa Ponsa is a town rich in history dating back to Roman times. This place is notable for the landing of King James I of Aragon in 1229, an event commemorated annually. The area preserves its heritage through historical sites such as the Landing Cross. Situated on the southwest coast of Mallorca, Santa Ponsa is surrounded by lush landscapes and the sparkling Mediterranean Sea.
Exclusive Property Market in Santa Ponsa
The exclusive property market in Santa Ponsa is currently strong, with demand exceeding the supply of luxury houses and apartments. The political and economic situation is stable, which adds confidence to real estate investments. Those interested in acquiring a property should consider additional costs such as the transfer tax, currently at 10%, notary fees, and potential inspection costs. There is no wealth tax on private property, but you must pay taxes on profits made from selling a property that is not your main residence.
Commissions and Financing
The average real estate commission paid by a buyer and a seller is 5% and 3% respectively. As for financing, up to 70% of the purchase price can be obtained through a mortgage. It is common to require a combination of own capital and proof of stable income to qualify.
Residential Areas and Accessibility
The most sought-after areas of Santa Ponsa include Nova Santa Ponsa and the area surrounding the Santa Ponsa Golf Club. The town is well connected by road, just a 20-minute drive from Palma de Mallorca, the nearest large city. Palma de Mallorca Airport, with domestic and international flights, is approximately a 30-minute drive away.
Education and Health
Nearby are notable educational institutions such as the Baleares International College. Regarding health, the prominent Son Espases University Hospital and Juaneda Mallorca Clinic offer high-quality services.
Lifestyle and Leisure
Santa Ponsa's surroundings are a paradise for nature lovers, with beautiful beaches, nature trails, and an ideal Mediterranean climate. Water sports and golf are popular activities, complemented by luxury shops in the area. Fine dining restaurants, such as 'Balneario Illetas', and a vibrant nightlife complete the leisure offerings.
Culture and Events
Santa Ponsa celebrates its famous Rei en Jaume festivals every year, a cultural event that revives the history of the king's landing. The region also offers access to art galleries and theaters in Palma de Mallorca, as well as good public infrastructure and services.