Nestled in the Swiss Alps, Veysonnaz is a historic village that proudly retains its centuries-old charm. From the visible remnants of its agrarian past to its rich tapestry of cultural heritage, Veysonnaz's history is a vibrant part of its everyday life. The village is strategically located in the district of Sion, in the canton of Valais, offering breathtaking views of the Rhone Valley. Historic sights include the quaint traditional wooden chalets and the striking parish church of Saint-Barthélemy.
Exclusive Property Market in Veysonnaz
The exclusive property market in Veysonnaz is strong and stable, buoyed by the village's unique combination of luxury, tranquility, and accessibility. Demand for luxury homes and apartments consistently meets supply, and investors are drawn to the steady potential for growth and high return on investment.
Political and Economic Stability
Veysonnaz enjoys a politically and economically stable environment, providing a solid foundation for both local and international investments in real estate. It is part of the Swiss Federation, known for its low political risks and robust economic health.
The Costs of Buying Luxury Property in Veysonnaz
Typically, a buyer's costs when purchasing a luxury home in Veysonnaz include the real estate commission (ranges between 3-5%), notary fees, and transfer tax. The transfer tax is approximately 1.5% of the purchase price. Additional costs may involve construction inspection or legal costs. A seller usually pays a similar rate of real estate commission.
Taxation in Veysonnaz
The wealth tax on private ownership of a house in Veysonnaz is within the cantonal range of 0.1% to 0.5% per annum, depending on the value of the property. Profits from the sale of a primary residence are tax-exempt, while those from a second home are subject to capital gains tax. The corporate tax is around 22%, while the income tax for registered residents varies drastically ranging from 0% to 40%.
Veysonnaz Mortgage Requirements
Mortgage requirements in Veysonnaz stipulate a minimum of 20% of the property value as down payment, while the maximum mortgage a buyer can obtain is typically 80% of the purchase price.
Residential Areas of High Demand
The most sought after residential areas for luxury homes in Veysonnaz include the prime chalet-area along Route de Pra and Les Crêtes, offering panoramic valley views.
Accessibility of Veysonnaz
Veysonnaz is easily accessible by road and rail, with direct connections to wider Switzerland including Geneva and Zurich. The closest major city is Sion, a mere 13 kilometers away. The nearest international airports are Geneva Cointrin and Zurich, respectively 161 and 285 kilometers away.
Education in Veysonnaz
In terms of education, the nearby city of Sion offers a range of schools, from the primary level École Les Condémines to the higher education offerings of the University of Applied Sciences of Western Switzerland.
Veysonnaz: A Quick Overview
Veysonnaz, located in the Valais canton, has a population of around 500 inhabitants. This tranquil village is framed by soaring mountains and scenic trails, perfect for outdoor enthusiasts. Its climate is largely temperate and Alpine, offering distinct seasonal changes.
From world-class ski facilities to luxury boutiques, Veysonnaz caters to all luxury lifestyle demands while maintaining its cozy village ambiance. High-end hotels such as the Hotel Chalet Royal and top-tier restaurants like Les Chottes contribute to the village’s prestige. The village hosts annual events including the world-famous "Les 4 Vallées" ski competition. Its rich cultural scene includes nearby galleries and theaters in Sion. Lastly, medical facilities are available locally, with state-of-the-art hospitals in Sion.
Overall, Veysonnaz's public infrastructure blends seamlessly with its natural beauty, ensuring a leisurely lifestyle without compromising modern comforts.