San Mateo, located in the heart of San Mateo County in California, is rich in history and beauty. Since its founding in 1856, this city has embraced its fascinating historical legacy that is evident in iconic places such as the Central Park Amphitheater and the Victorian-era Kohl Mansion. Located on the shores of San Francisco Bay, San Mateo attracts lovers of the good life with its Mediterranean climate and proximity to Silicon Valley.
The Luxury Real Estate Market in San Mateo
Currently, the exclusive property market in San Mateo is strong and stable, with demand constantly outstripping supply. This is reflected in the growing popularity of luxury residential districts like Baywood-Aragon and Hayward Park. Homebuyers should expect to pay a real estate commission of around 5% to 6%, while additional costs include transfer taxes, notary fees, and building inspections. In San Mateo, the transfer tax is 0.1% of the home price.
Opulent Living and Accessibility in San Mateo
In addition to its stylish homes, San Mateo offers a range of high-quality educational institutions, such as the College of San Mateo and Aragon High School, as well as sports and recreational facilities including Laurelwood Park and the Marina Plaza Shopping Center. The city is well connected by road and rail and is located a short distance from major cities like San Francisco and airports such as San Francisco International Airport.
Living in San Mateo
Although San Mateo has a population of approximately 100,000 people, it retains a small-town atmosphere with stunning natural beauty, a Mediterranean climate, and an annual calendar of events that includes the San Mateo County Fair and the Juneteenth festival. The city is also home to excellent hotels and restaurants, such as Draeger's Market and Pulgas Water Temple, the art scene includes the San Mateo Performing Arts Center and the College of San Mateo Art Gallery. The quality of public infrastructure and availability of services in San Mateo are on par with those in major metropolitan cities, with hospitals and clinics, such as San Mateo Medical Center, available for residents and visitors.
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