Known as the pearl of North Brabant, Eindhoven has a rich history dating back to the 13th century. This bustling city, generously filled with historical attractions such as the Van Abbemuseum, is a reflection of both the past and present. Emerging from the merging of several villages, located in the southeast of the Netherlands, Eindhoven is known for its welcoming geographical location within reach of other major European cities.
Exclusive Real Estate Market in Eindhoven
The current exclusive real estate market in Eindhoven is extraordinarily strong. Driven by a persistent demand and a limited supply of luxury homes and apartments, the market continues to move. The municipality of Eindhoven is stable, politically and economically, creating confidence among both buyers and sellers.
Financial Considerations
When buying a luxury house in Eindhoven, the brokerage fee is often shared between the buyer and seller, with both typically paying around 1.5% to 2% of the purchase price.
In addition, the transfer tax (2% of the property value), notary fees, and potential costs for a construction technical inspection or legal aid must be taken into account.
Tax on the profit from the sale of a house or apartment in Eindhoven as a primary residence or second home depends on specific circumstances, and it is advisable to seek advice from a tax specialist. The wealth tax on a home as personal property in the Netherlands is 1.2% above the tax-free allowance.
In Eindhoven, the corporate tax rate is currently 25% and the income tax can go up to 49.5% for residents with a high income.
Mortgage
When taking out a mortgage in Eindhoven, the usual rules apply such as an income check and a maximum mortgage of 100% of the property value. It is advisable to seek financial advice to determine what is possible in your specific situation.
Luxury Residential Areas and Accessibility
Eindhoven has a number of highly sought-after and expensive neighborhoods, including Schrijversbuurt, Villapark and De Laak.
In terms of accessibility, Eindhoven is well located with direct motorway connections to major cities such as Amsterdam and Rotterdam, as well as excellent train connections. Eindhoven is about 120 km away from the capital Amsterdam and has an international airport, Eindhoven Airport.
Eindhoven is rich in high-quality educational institutions and universities, including the Eindhoven University of Technology and Design Academy Eindhoven.
Leisure and Lifestyle
The landscape around Eindhoven is diverse, with forests, parks and bodies of water, offering numerous opportunities for outdoor activities. For sports enthusiasts, there are numerous clubs and associations, including the PSV football club and Eindhoven Athletics.
In terms of luxury lifestyle, Eindhoven offers a wide range of high-quality shops and boutiques in the Heuvelgalerie and the Boutique Village Eindhoven.
The city houses some of the best restaurants and hotels in the region, including Restaurant Zarzo, Restaurant Wiesen, and the Pullman Eindhoven Cocagne Hotel. The city also has a wide range of nightlife, ranging from cozy bars and cafes to stylish clubs and theaters such as Muziekgebouw Frits Philips Eindhoven.
Some hospitals and clinics in Eindhoven are Catharina Hospital, Maxima Medical Centre and Sint Anna Hospital.
In terms of infrastructure, Eindhoven strives to be a modern and well-connected city, with a wide range of public services and easily accessible locations. In addition, the city is characterized by a vibrant art and culture climate with museums such as the Philips Museum and the DAF Museum.