Santa Ponsa is a charming town located on the southwest coast of Mallorca, in the municipality of Calvià, one of the most prosperous areas of the Balearic Islands. With a rich history dating back to the arrival of King James I in 1229, it is a place full of historical charm. The Landing Cross and the nearby Roman villa are silent witnesses to this vibrant past. The privileged geographical location of Santa Ponsa, with its stunning coastal and mountainous landscapes, makes it an ideal destination for those seeking luxury properties.
Real Estate Market in Santa Ponsa
Currently, the exclusive property market in Santa Ponsa is strong, characterized by a growing demand for luxury homes that exceeds the available supply. This has kept prices high and the market competitive. The political and economic situation of the region is stable, providing confidence to investors. Property buyers should consider an average commission of 2-3% for real estate agents, while sellers typically pay around 5%.
Costs and Taxation Associated with Purchasing
The transfer tax on private property in Santa Ponsa is 8-11% of the purchase price. Buyers should also take into account additional costs, such as notary fees and possible technical inspections. Although there is no specific wealth tax for properties, owners must be aware of the capital gains tax if they sell a second home.
Financing Properties in Santa Ponsa
For those interested in acquiring a property through financing, it is possible to obtain a mortgage of up to 70-80% of the property's value. Mortgage requirements generally include an assessment of the buyer's income and economic capacity.
Residential Areas and Accessibility
The most exclusive and sought-after areas include Nova Santa Ponsa and Es Malgrat, known for their luxury villas and panoramic views. Santa Ponsa is well connected by road, just 20 minutes by car from Palma, the nearest city, and 30 minutes from Palma de Mallorca International Airport.
Education and Health
As for education, there are renowned schools near Santa Ponsa, such as the Baleares International College. For medical care, hospitals and clinics like Clinica Juaneda are a short distance away, ensuring quality services.
Nature and Climate
Santa Ponsa enjoys a Mediterranean climate, with mild winters and hot summers. The town is a paradise for nature lovers, with beautiful beaches and mountainous landscapes offering numerous outdoor activities such as golf at Santa Ponsa Golf Club and water sports.
Shopping and Entertainment
Residents and visitors enjoy a luxury shopping environment, with exclusive boutiques and shops that rival the best in Europe. Prestigious restaurants and high-end nightlife entertainment also make Santa Ponsa an epicenter of an elegant lifestyle.
Culture and Events
The region hosts annual cultural and sporting events, such as the Rei en Jaume festivals and sailing competitions, reinforcing its rich cultural heritage. Nearby museums and theaters in Palma enhance the cultural life of those living in this privileged area.
Infrastructure and Services
Santa Ponsa boasts a well-developed infrastructure that includes efficient transport connections, adequate public services, and a safe and welcoming environment, making living in this luxury destination a highly attractive experience.
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