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Extraordinary Real Estate Your dream, your home Extraordinary Real Estate WELCOME It is an honour to present to you the island of MENORCA, from the renowned brand SO- THEBY'S INTERNATIONAL REALTY. This honour comes from the quality of the brand and of our island, and from the possibility of discovering the opportunity to visit our island. Unity, passion, commitment, and respect are the qualities which define the brand and its team in the Balearic Islands, as well as the push to expand and strengthen the brand. These qualities are here to stay, making MENORCA the most unique place in Europe to explore. Magical, historically sought after by world powers, filled with pre-historic Talaiots, Taulas, and other monuments (navetas, villages, dolmens, etc.), clean and clear, beautiful across the entire island, where every part of the island stands out: the sky, whether on a starry night or lit up by the sun... Thanks to its people, the identity of Menorca has been preserved, along with its inland scenery and coastal landscapes, its many beaches and natural bays, and its properties, revealing at every turn its atmosphere and environment. This brought about its recognition and continuation as a UNESCO Biosphere Reserve in 1985, and its strong candidacy as a world heritage site. This short letter of introduction offers you the island with the exclusivity for which you have undoubtedly been searching. We would like to welcome you to the new headquarters of Sotheby’s International Realty, and personally show you everything about our island that you shouldn't miss. CARLOS MACEDA Managing Director MENORCA SOTHEBY’S INTERNATIONAL REALTY 3 BIENVENIDOS Es un honor presentarles la isla de MENORCA a través de una marca de tanto renombre como SOTHEBYS INTERNATIONAL REALTY. Y es un honor procedente de la calidad, tanto de la marca y de nuestra isla, como de los que podáis descubrir la oportunidad de aterrizar o atracar en ella. Y es que las características de unidad, pasión, compromiso y respeto que definen a la marca y su equipo en las Baleares, así como el empuje de expansión y consolidación de la misma, han venido para que- darse, para sumar en MENORCA su singularidad más cercana a Europa por conocer. Mágica, históricamente ansiada por las potencias mundiales y pre-históricacamente repleta de Talaiots, Taulas y otros monumentos Prehistóricos (navetas, pobla- dos, dólmenes, etc.), limpia y transparente, homogénea, donde cualquier lugar de la isla es protagonista: su cielo, su noche estrellada y su luz. Gracias a su gente, Menorca ha conservado su identidad, sus paisajes de interior y de costa, sus muchas playas y calas naturales, y sus propiedades, mostrando en cada rincón su atmósfera y su ambiente. Esto se ha traducido en el reconocimiento y continuación como reserva de la biosfera de la UNESCO desde 1985, y en ser una firme can- didata para ser Patrimonio de la Humanidad. Todo ello le otorga, como carta de presentación ante uste- des, la exclusividad que sin duda estaban buscando. Ahora buscamos acogerles en la nueva sede de So- SalesIsabel Manager Moll ManagingCarlos Director,Maceda 4 BIENVENUE C’est un honneur de vous présenter l’île de MINORQUE à travers une marque aussi renommée que SOTHEBY'S INTERNATIONAL REALTY. Et cet honneur est lié à la qualité, aussi bien de la marque et de notre île que de ceux qui pourront avoir l’opportunité d’y atterrir ou d’y séjourner. En effet, les caractéristiques l'unité, la passion, l'en- gagement et le respec qui définissent la marque aux Baléares, et son équipe ainsi que l’élan d’expansion et de consolidation de la marque, sont ici pour longtemps, pour apporter à MINORQUE leur singularité la plus proche de l'Europe à découvrir. Magique, historiquement jalousée par les puissances mondiales et pré-historiquement remplie de talayots, de taulas et autres monuments (bateaux, villages, dolmens, etc.), propre et transparente, homogène, où se distingue de toute part l’importance de toute l’île, de son ciel, de ses nuits étoilées et de sa lumière, elle a su conserver, grâce à ses habitants, son identité, ses paysages de intérieurs et côtiers, son grand nombre de plages et de criques naturelles et ses propriétés, pour briller de toute sa splendeur d’une atmosphère et d’un environnement qui se sont traduits, par leur reconnaissance et leur conservation, par un statut de Réserve de la Biosphère, statut attribué par l’UNESCO en 1985, et par une candidate sérieuse au statut de patrimoine de l’humanité. Tout ceci lui confère, comme une carte de visite vous étant destinée, l’exclusivité que vous recher- SalesIsabel Manager Moll ManagingCarlos Director,Maceda 5 6 INDEX About Menorca Sotheby's International Realty 6 Mallorca 86 Buyer's Guide 10 Ibiza 94 Sotheby's Auction House 16 International 100 SALES 20 RENTALS 72 7 COMMUNITY INVOLVEMENT We are committed to the social, sport and cultural development of the community in which we are present. We have established multiple collaborations to support the most vulnerable communities and we currently work with the Shamba- la Foundation, Sport Mundi, the Rafa Nadal Foundation, the Spanish Can- cer Prevention Association and Aproscom, an NGO dedicated to im- proving the quality of life of handicapped people and their families. Nos comprometemos con el desarrollo social, deportivo y cultural de la comunidad en la que estamos presentes. Hemos establecido muchas colaboraciones para apoyar a los colectivos más vulnerables y actualmente trabajamos con la Shambala Foundation, Sport Mundi, Fundación Rafa Nadal, la Asociación Española contra el Cáncer en Baleares, o Aproscom, entre otras. ––––––– Notre entreprise s’engage à soutenir le développement social, sportif et culturel de la région dans laquelle nous sommes présents. Nous avons établi de nombreux partenariats pour soutenir les collectifs les plus vulnérables et nous travaillons ac- tuellement avec la Shambala Foundation, Sport Mundi, la Fondation Rafael Nadal, l’Association Espagnole contre le Cancer aux Baléares ou Aproscom, entre autres. Sponsor of the 2016 Spanish Tennis Championship WATCH OUR VIDEOS at www.menorca-sothebysrealty.com 8 MENORCA SOTHEBY'S INTERNATIONAL REALTY We offer premier sales and rental services, with the guarantee of a brand whose name is synonymous with excellence and is one of the largest, most respected real estate groups in the world comprised of a network of 22,000 sales associates in over 950 offices covering 70 countries worldwide. At our Menorca, Mallorca e Ibiza offices our knowledgeable and multilingual staff are available to discuss a variety of properties throughout the island including villas, mansions and apartments. Nuestra marca es sinónimo de confianza. Ofrecemos un servicio de venta y alquiler de viviendas con el respaldo de uno de los grupos inmobiliarios más grandes y respetados del mundo. En 2017 cerramos el año con 22.000 asociados de ventas situados en más de 950 oficinas de 70 países y territorios de todo el mundo. Con sedes en Menorca, Mallorca e Ibiza, disponemos de todo tipo de propiedades en la isla, desde villas a pisos desde 250.000 euros. Notre marque est synonyme de confiance. Nous offrons un service de vente et location de biens immobi- liers avec le soutien de l’un des groupes immobiliers les plus importants et respectés du monde. En 2017, nous avons terminé l’année avec 22,000 forces de vente travaillant dans plus de 950 bureaux de 70 pays et territoires à travers le monde. Avec des sièges à Menorca, Mallorca e Ibiza, nous proposons tout type de propriétés sur l’île, des appar- tements aux villas, à partir de 250 000 euros. Quality Service - Quality People - Quality Properties - Starting at 250,000.00 Euros. 9 BUYER’S GUIDE WHAT IS THE BUYING PROCEDURE? Property purchase is very straightforward in Mallorca and with our support you can rest assured that the process will be conducted professionally and correctly. Our experienced team handles negotiations between buyer and seller, answering all queries along the way, and the purchase can be broken down into three basic stages: 1. OFFER AND ACCEPTED OFFER The buyer places a non-binding offer which our team negotiates with the vendor. When the offer is accepted, a reservation deposit is paid to take the property off the market. We then guide you through the process and prepare a Private Option Contract. 2. PRIVATE OPTION CONTRACT When the lawyers have confirmed that the legal position of the property is correct, the Option Contract is drawn up and signed by both buyer and seller. If any irregularities are discovered, that directly affect the property, the buyer can withdraw and the reservation deposit will be returned. If all is in order, 10% of the agreed purchase price is usually paid by the buyer (to include the reservation deposit). This Contract is then binding and locks in both parties - if the buyer withdraws, )he/she forfeits the deposit. 10 3. COMPLETION 2. URBAN RATE (IBI) 5. LAWYER’S FEES Completion takes place at a notary where the deed of conveyance (public deed) is signed by IBI is an annual real estate tax based on the land Around 1% of the purchase price. both parties, the balance of the purchase price is registry, or cadastral, value of the property. The paid, and the buyer takes vacant possession of the amount varies from municipality to municipality but 6. MORTGAGE FEES unencumbered property. Your lawyer will then is generally between 0.3% and 1.1% of the land value. file the deed at the land registry to assure legal title. If you are using a mortgage to finance the 3. WEALTH TAX purchase, you must pay a bank valuation fee, an WHAT ARE THE BUYING COSTS? opening fee of around 1% of the value of the This is an annual tax levied on assets over € 700,000 mortgage, and stamp duty (AJD) which is 1.2% 1.
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