Andora - Diano S. Pietro - Diano Castello

Nestled on the Italian Riviera in Liguria, the coastal town of Loano is a jewel, pulsating with rich history and the appeal of Old World charm. Its gorgeous half-moon bay and medieval citadel stand as testament to the town’s historical legacy. The imposing Palazzo Doria and the opulent Borelli Chapel are among other attractive sights that point to a glorious past. Idyllically located between the azure waters of the Ligurian Sea and the lush Ligurian hills, Loano promises a living experience drenched in luxury and exclusivity.

The Luxury Property Market in Loano

The luxury property market in Loano currently appears to be stable with a well-maintained balance between supply and demand. High-end homes and apartments are in good supply, meeting the needs of both residents and those looking for a luxurious vacation property. The political and economic situation in Loano is generally stable, offering a promising environment for real estate investments.

Property Purchase-Related Costs and Taxes

Purchasing a luxury home or apartment in Loano incurs several additional costs. These include the transfer tax, notary fees, and potential expenses for construction inspection or legal aid. The transfer tax on private property is a certain percentage, though buyers should consult a local expert for current rates. The wealth tax and specifics about taxes on the profits gained from selling private properties, be it a primary residence or vacation home, are valuable considerations. As these tax figures can vary, it is advisable to liaise with a local tax consultant. Respective to businesses, the corporate tax levied on company profits in Loano is in line with Italian legislations. For registered residents, the income tax is commensurate with national tax norms.

Securing a Mortgage in Loano

Mortgage requirements for buying a house in Loano generally follow Italy's broader guidelines. The loan-to-value ratio, income requirements, and more will determine how much of a mortgage a buyer can secure. As these figures could vary, consulting with a mortgage advisor is recommended.

Luxury Living in Loano

Luxury homes in Loano are primarily located in the most sought-after residential areas of the town, which offer stunning sea views and proximity to the vibrant city center. The town is easily accessible by road and rail, making for comfortable commuting. Loano is but a short drive away from the bustling city of Genoa and its international airport. The town prides itself on a mix of reputed schools and universities within and around its confines.

Embracing the Luxury Lifestyle in Loano

Loano is in the province of Savona and is home to a sizable population who enjoy an unmatched lifestyle enriched by nature, the waterfront, and an appealing landscape. The local climate is typically Mediterranean with mild winters and warm summers, making it all the more inviting. Loano is a paradise for outdoor enthusiasts with a wide range of sports and recreational activities like sailing, hiking, tennis, and golf. The town is equally known for its luxe shopping outlets, upscale hotels, famed restaurants, and vibrant nightlife. Annual events like classical concerts held at the Garden of Palazzo Doria and sporting events add to Loano’s appeal. The town’s art and culture scene is well represented with notable museums, galleries, and theaters. Medical facilities in Loano and its vicinity are high standard, with multiple hospitals and clinics to choose from. The public infrastructure here is well developed, ensuring a comfortable living for its inhabitants. In essence, luxurious living blends seamlessly with rich history and a cultivated lifestyle in Loano, making it an enticing destination for those seeking an exclusive home.