Mellieha Bay - Test - Km4

Sure, here is the translation of the text into English: **Pozuelo de Alarcón, nestled in the Community of Madrid, stands out for its rich history and privileged location. This city, which fuses modernity with tradition, is home to historical places like the Church of Nuestra Señora de la Consolación. Its proximity to the capital, Madrid, just 15 km away, makes it the perfect refuge for those seeking a balance between tranquility and urban convenience. In contrast to the hustle and bustle of the city, Pozuelo offers a serene natural environment, with parks and green areas that enrich its landscape.** **Luxury Real Estate Market in Pozuelo de Alarcón** The market for exclusive properties in Pozuelo de Alarcón is strong and growing, with increasing demand that surpasses the supply of luxury houses and apartments. This reflects a stable and attractive economic situation for investors. The typical real estate commission is around 3% of the sale price, applicable to both the buyer and the seller. **Additional Costs When Buying Luxury Properties** When purchasing a house in Pozuelo, it is essential to consider several additional costs. The private property transfer tax is 6-10% of the property value. Other costs include notary fees, legal fees, and possibly building inspection expenses. **Requirements and Mortgages in Pozuelo de Alarcón** Generally, banks finance up to 80% of the property's value, requiring a 20% equity. However, this may vary depending on the buyer's financial situation. **Exclusive Residential Areas** La Finca and Somosaguas are two of the most exclusive and sought-after areas in Pozuelo de Alarcón. These zones offer security, privacy, and properties that define contemporary luxury. **Connectivity and Accessibility** Pozuelo has excellent road and rail connections, making it easy to reach Madrid in a matter of minutes. The Adolfo Suárez Madrid-Barajas airport is about 30 minutes away by car, providing access to both national and international flights. **Education and Services** Pozuelo is well-equipped with top-level educational institutions, such as Colegio Retamar and Universidad Francisco de Vitoria. The public infrastructure is modern and efficient, with access to hospitals like the Hospital Universitario Puerta de Hierro. **Lifestyle and Leisure** The climate in Pozuelo is Mediterranean, with hot summers and mild winters, perfect for enjoying outdoor activities. The Somosaguas Golf Club and various sports centers offer luxury options for sports. Additionally, Pozuelo is home to exclusive brand boutiques, gourmet restaurants like Urrechu, and a vibrant nightlife. **Art and Culture** The Mira Theater is a cultural epicenter in Pozuelo, complementing the nearby cultural offerings of Madrid, such as the Prado Museum. Annual events provide a mosaic of cultural experiences for residents and visitors alike. Pozuelo de Alarcón is an ideal destination for those who value a luxurious lifestyle, with an abundance of options in education, leisure, and culture, supported by a robust real estate market and a welcoming community.