Nestled in Tyrol's Kitzbühel district, St. Johann in Tirol is a historical town boasting an abundant legacy of world-renowned monuments, quintessential architecture and picturesque landscapes. A stone's throw from the breathtaking Tirol Alps, this idyllic town is laden with historical sights including the St. Johann's Church and Museum St Johann in Tirol, among others. At its core, the town of St. Johann in Tirol displays the heritage preserved over the centuries. It offers a unique meld of cultural richness, scenic beauty, and a high-end lifestyle that invites exclusive property investors to consider making this vibrant locale their home.
The Current Market: Strength and Stability
St. Johann in Tirol holds a strong and stable property market. Luxury homes and apartments are in high demand, carefully meeting the supply without saturating the sector. Further strengthening this market is the area's stable political and economic backdrop, creating an ideal environment for luxury real estate investment.
Cost Considerations
The real estate commission in St. Johann in Tirol averages at around 3-5% for both buyers and sellers. Purchasing a luxury home or apartment also includes other expenses such as transfer tax, notarial fees, legal fees, and possibly, construction inspection costs.
Taxes
Real estate transfer tax in St. Johann in Tirol is around 3.5%. There is also a wealth tax, presented as "property tax", which varies based on the municipal rate. When selling a privately-owned main residence, you are exempted from tax on the capital gains. However, if it's a second or vacation home, capital gains tax may apply. The corporate tax rate for registered companies is 25%. The income tax for registered residents varies depending on income, with the higher rate at 55%.
Mortgage requirements
Mortgage lenders typically lend up to 80% of the purchase price, but it may depend on personal financial situations. The real estate must be approved by the bank for a mortgage, and your income should prove that you can afford the loan.
A Luxurious Locale
The most exclusive residential areas in St. Johann in Tirol are around the town centre and close to the Kitzbüheler Horn ski area. These areas are known for their luxury homes offering unparalleled views of the lush landscapes.
Accessibility and Amenities
St. Johann in Tirol is roughly 130 km from Munich and 90 km from Innsbruck, with efficient road and rail connectivity. It's also a short drive from Salzburg and Innsbruck airports. Schools and universities in and around St. Johann in Tirol include the Bundesreal Gymnasium and the Tyrolean University of Applied Sciences.
A Snapshot of St. Johann in Tirol
St. Johann in Tirol, located in the province of Tyrol, is home to nearly 10,000 people. It offers a variety of outdoor activities including skiing, mountain biking, and hiking. Luxurious lifestyle shops are plenty, providing a large variety of high-end goods. High-quality hotels, high-end restaurants, and stylish nightlife venues colour the local lifestyle.
Social and Cultural Landscape
St. Johann in Tirol hosts annual events such as the International Tirol Koasalauf cross-country race. Key cultural spots include the Museum of Art St. Johann in Tirol. The town also hosts a range of clinics and hospitals, further boosting its appeal for luxury property investors. The robust public infrastructure and spectacular amenities make St. Johann in Tirol an excellent choice for real estate investment in luxury properties.