Nestled in the northeastern region of the Peloponnese, Troezen is steeped in history dating back to ancient Greece. It is renowned for historical sites such as the Temple of Hippolytus, the Sanctuary of Asklepios, and its proximity to the ancient city of Mycenae. Geographically, Troezen enjoys a picturesque location along the Saronic Gulf, providing stunning coastal views and a serene environment. Rich in mythology and archaeological wonders, this enchanting town offers a unique blend of the past and the present.
The Exclusive Property Market in Troezen
The current exclusive property market in Troezen is strong, with a healthy balance between demand and supply of luxury homes and apartments. Recent trends indicate that luxurious estates are in high demand due to their scenic locations and historical appeal. The political and economic situations in Troezen are stable, which provides a conducive environment for real estate investments. Additionally, the luxury property market is supported by well-established infrastructure and a host of high-end amenities.
Understanding Real Estate Commissions and Additional Costs
When buying a house in Troezen, the average real estate commission that a buyer pays is generally around 2-3% of the purchase price. Sellers typically pay a higher commission, often averaging 5-6%. Furthermore, buyers should be mindful of additional costs such as a transfer tax, which is approximately 3%, as well as realtor commissions, notary fees, and potential costs for construction inspections and legal advice. Notably, there is no wealth tax on private ownership of a house in Troezen, and the tax on profits from selling a main residence is exempt, whereas a second/vacation home incurs capital gains tax.
Financial and Mortgage Considerations
In Troezen, mortgage lenders typically require a balanced ratio between own and foreign capital, with significant emphasis on the buyer's income. Buyers can expect to secure a mortgage for up to 70-80% of the property's purchase price, subject to meeting the lender's requirements. The corporate tax on profits for registered companies in Troezen stands at 24%, while the income tax rate for registered residents varies based on income brackets.
Prime Residential Areas
Some of the most sought-after residential areas for luxury homes in Troezen include the coastal neighborhoods near Poros and Galatas, known for their stunning sea views and proximity to pristine beaches. These areas are favored for their exclusivity, tranquility, and easy access to luxury amenities.
Accessibility and Transportation
Troezen is well-connected by road and rail, offering easy accessibility. It is approximately 60 kilometers from the bustling city of Athens, providing residents the convenience of city life while enjoying the peaceful ambiance of Troezen. The nearest international airports are Athens International Airport and Kalamata International Airport, both reachable within a couple of hours by car.
Education and Training Institutions
Families considering a move to Troezen will find reputable educational institutions such as the 1st Primary School of Troezen and several highly-rated secondary schools in the neighboring towns. The nearby Peloponnese region also boasts several universities and specialized training centers.
Living in Troezen: Nature, Climate, and Luxury Lifestyle
Troezen's environment is characterized by lush greenery, crystal-clear waters, and rolling hills, making it a paradise for nature lovers. The climate is Mediterranean, with warm summers and mild winters, perfect for enjoying outdoor activities year-round.
For sports enthusiasts, Troezen offers a myriad of options including yachting, hiking, and equestrian activities. Luxury shopping includes boutiques with high-end fashion and bespoke local artisan products. For dining and entertainment, esteemed restaurants like Taverna Leonidas and exclusive nightlife spots provide unforgettable experiences.
Cultural and Leisure Activities
Troezen hosts several annual events such as cultural festivals and regattas that attract visitors from all over. Museums like the Archaeological Museum of Poros and theaters showcase the region’s rich cultural heritage. Healthcare facilities including hospitals and clinics in the vicinity ensure residents have access to top-quality medical care.
Infrastructure and Amenities
The public infrastructure in Troezen is robust, featuring well-maintained roads, reliable public services, and a wide range of amenities. This makes luxury living in Troezen not just possible, but incredibly rewarding, offering a perfect blend of historical charm and modern comfort.
Embark on a journey of opulent living in Troezen, where every corner holds a piece of history and every home is a sanctuary of luxury.