Barchem - Ruurlo - Neede

Borculo, an enchanting city deep in the province of Gelderland, is rich in history and a wealth of attractions. Famous for its old water mill, crystal museum, and the historical Flood of 1726. The city is idyllically situated between picturesque waterways and lush green land, a perfect retreat for those looking for luxury and tranquility.

Luxury Real Estate Market in Borculo

The real estate market in Borculo remains stable, despite robust economic conditions. The demand for luxury homes and apartments is significant, often exceeding the supply, indicating a strong local economy and the attractiveness of Borculo as a place of residence.

Political and Economic Stability

Borculo enjoys strong political and economic stability. The management of the city is characterized by transparent and efficient regulation, ensuring a worry-free transfer of property.

Real Estate Agent Commission and Additional Costs

The average real estate agent commission for the buyer and seller in Borculo varies, but is generally around 1.5-2% of the sale price. Additional costs include transfer tax, notary fees and possibly the costs of a structural inspection or legal guidance. The transfer tax for private real estate in Borculo is 2%.

Property Tax in Borculo

Wealth tax is calculated based on the WOZ value of the house, minus a debt, such as a mortgage. Tax on profit from the sale of a private home is usually exempt provided the home has been used as the primary residence. When selling a second home or holiday home, tax is due under the Scheme for other income from own home. Business tax is around 20-25% and the income tax rates vary depending on income, with a maximum of 49.5%.

Mortgage Requirements

The general mortgage requirements in Borculo require a stable income and a responsible ratio between equity and debt. The maximum allowed mortgage is 100% of the purchase price of the house.

Luxury Neighborhoods and Accessibility

The most desirable neighborhoods of Borculo are located in the northeastern part of the city, known for its stately buildings and quiet, green streets. Borculo is easily accessible by road, but does not have a train station. The nearest major cities are Enschede at 42.5 km away and Arnhem at 57.2 km away.

Luxury Lifestyle in Borculo

Borculo has a rich culture, with famous museums such as the Crystal Museum and the Fire Museum. The city has a range of luxury lifestyle shops, chic restaurants and exclusive nightlife. In addition, Borculo offers ample opportunities for outdoor activities, with various sports clubs, and events. Yearly returning events include 'the Battle of Grolle' and 'the National School Korfball Tournament'. The surroundings are dotted with beautiful nature, ideal for walking, biking and relaxing in the open air.

Amenities and Infrastructure

Borculo has various schools and high-level educational institutions, but does not have universities. The infrastructure is well developed, with a reliable public transport network. For medical care, Borculo has access to the Gelre Hospital and various clinics in the area. Overall, Borculo offers an enchanting blend of history, luxury, and comfort, making it an excellent choice for a high-end living experience.