Situated in the southwestern part of the island of Mallorca, the historic town of Calvià is a popular destination. Thanks to its fantastic geographic location, nestled in the foothills of the Tramuntana mountain range, the lovely village of Calvia became an exclusive destination due to its nearby marvelous beaches. It became the richest municipality in Spain and now enjoys ostentatious signs of wealth, from sport stadiums to luxury properties by ways of high-end facilities.
Les three main islands of the archipelago seduce even more buyers every year. Like in Spain, the Balearic real estate market has suffered from the international financial crisis. Prices were particularly cheap, even for luxury properties. Nowadays, the market is gaining strength and this is the perfect time to invest as the islands have a nice real estate offer in terms of upscale villas.
Regarding the property purchasing process, the promise of sale is signed between a buyer and a vendor. an itemized list is attached to the promise of sale. This is a document of related transaction costs such as legal fee, property transfer tax, registration duty, notary fee and real estate agent's fee. Then, the buyer usually places a deposit of 10% of the property price on Notary account in order to guaranty the buyer's commitment. For the following step, the Notary must collect various documents such as the entitlement of the parties, the mortgage situation and even the property verification. He will draw up the deeds, the tax due and the registration of the names of the new owners in the Spanish property register and tax register. On completion of the sale of the real estate, the title deeds are registered with local land registry enabling the title to transfer to the new owner.
Before any purchase, it is encouraged to contact a professional of the real-estate market in the area to know the different steps of the buying process.
This is the coldest and most humid period, although the months of October and November are quite warm. From December to February the temperatures are falling and the precipitations appear. It is a pleasant season to avoid the masses of tourists.
Temperatures rise slowly, even though April remains quite mild. However as early as May, the temperatures become hot, seeing very hot at the arrival of the month of June. The climate is hot and dry and rainfall is low until September.
It is the driest and most frequented season. The archipelago is taken by storm by tourists from all over the world, who come to enjoy the festive atmosphere of Ibiza and Palma de Mallorca. It is hot and dry with little rain.
The Cap de Formentor is considered as the edge of the world and corresponds to the area where Serra de Tramuntana meets the Mediterranean sea. The Cap de Formentor perfectly combines the beauty of mountainous and coastal landscapes. The road offers stunning panoramic views of the fantastic surroundings. The Faro de Formentor, perched on the cliff is a must-see attraction too.
Situated on the southeastern seaside of Mallorca, between Cala Santanyí and Cala Llombards, the exceptional natural arch of Es Pontàs measures 20 meters high and is also famous for being one of the most difficult climbing spots in the world. The landscapes are breathtaking and the surroundings are particularly picturesque, in a peaceful environment.
The Caves of the Drach are simply outstanding. During a guided tour inside the caves, you will admire countless amazing stalactites and stalagmites on more than one kilometer long. The tour lasts for one hour and includes a concert of classical music, played by a quartet as well as a boat trip on Martel Lake, one of the largest underground lakes in the world.
The Balearic Islands is an archipelago in the Mediterranean see situated on the East side of Spain. There are eleven small islands and four main islands, which are Mallorca, Menorca, Ibiza and Formentera. The archipelago is situated at 88 kilometers away from the Iberian Peninsula. Since 1978, this set of islands is an autonomous community with more than one million inhabitants. The capital of the Balearic Islands is Palma de Mallorca, located on the main island. Famous for its sandy white beaches, its sunny days, its gastronomy as well as its unrivalled parties, these islands welcome every year millions of tourists. However, the Balearic Islands have succeeded in keeping its true identity. Away from upscale ...