Filothei, a suburban neighborhood located in the northern part of Athens, Greece, boasts a rich and storied history dating back to the aftermath of World War II. The area's character is influenced deeply by an illustrious list of historically significant sites such as Kefalari Square and the famous tree-lined streets that evoke an unmistakable feeling of the luxe, Mediterranean lifestyle. Nestled in the South-eastern part of Attica region, Filothei is situated just about 7 kilometers from the bustling center of Athens. It presents a perfect melange of opulence, history, and scenic splendor that offers up a unique living experience.
The Luxury Property Market in Filothei
The luxury property market in Filothei is presently exhibiting signs of stability, with a well-matched supply and demand of luxury homes and apartments. Buyers seeking serenity in prime locations are increasingly attracted to Filothei and its impressive array of exquisite properties. Furthermore, Filothei enjoys a stable political and economic scenario adding to the allure of owning property in this locality.
Commission and Additional Costs in Luxury Home Investment
The average real estate commission in Filothei typically gravitates around the national average, with both buyers and sellers expected to pay fees in the range of 2-3% of the property's purchase price. Remember to factor in additional costs when purchasing a luxury home in Filothei, too. These expenses can include transfer tax, realtor commissions, notary fees, and potential construction inspection or legal costs.
Taxation is another important consideration. The transfer tax on private property in Filothei fluctuates around 3%. Wealth tax is dependent on the property's value, whereas taxation on profit from selling properties varies based on their usage type, whether as a main residence or as a second/vacation property. Further, registered residents of Filothei and registered companies are subject to the national income and corporate tax rates, respectively.
Mortgage Requirements and Luxury Home Purchase
Mortgage acquisition in Filothei is guided by considerable factors, the crucial ones being income status and the ratio between own and foreign capital. You can generally secure a mortgage of up to 70% on the purchase price.
Accessibility and Luxury Living in Filothei
Filothei is highly accessible by road and rail, and is a relatively short distance from Athens, its nearest big city. The area is roughly 35 km from Eleftherios Venizelos, the international airport of Athens and the most significant aviation hub in the region.
Several renowned institutions center around the vicinity of Filothei, notably the International Community School of Athens and Moraitis School.
Experience Luxury and Culture in Filothei
Filothei caters to multifarious tastes with an array of luxury lifestyle shops, high-quality hotels and well-known restaurants. Desirable attractions include the Kefalari Square and its flora, among others.
Filothei is home to many high-end, gourmet restaurants and cafes - including Akropolis and Vassilenas restaurant - and also houses the Apostolos Nikolaidis Stadium, the home of Panathinaikos AC, which hosts football matches and international events annually. Local museums like the Vorres Museum and renowned theatres nearby such as the Badminton Theatre add to the cultural richness of the area.
Filothei has a state-of-the-art public infrastructure, and boasts several hospitals and clinics, including the Metropolitan Hospital and Kifisia Clinic. The natural environment of Filothei is a blend of Mediterranean landscape, characterized by mild, wet winters and dry, hot summers; and the area also offers numerous sports and outdoor activities with several parks and broad, tree-lined avenues to enjoy.
In summary, when it comes to luxury living, Filothei has it all – awesome geographic location, rich history, flourishing property market, and high-class recreational options. The luxury lifestyle in Filothei undoubtedly aligns with owning a luxury home here.