Saint-Jean-Cap-Ferrat - Nice - Èze

Villefranche-sur-Mer is a true gem of the French Riviera, rich in a history dating back to ancient times. This charming town with its cobblestone streets and colorful houses is also the site of the deepest natural port in the western Mediterranean. A strategic enclave between Nice and Monaco, Villefranche-sur-Mer has managed to attract those who appreciate prestige and tranquility.

Real Estate Market in Villefranche-Sur-Mer

Currently, the exclusive real estate market in Villefranche-sur-Mer is stable. The demand is generally well-matched with the supply of luxury houses and apartments. This is due to its political and economic stability, making the region attractive to investors.

Costs Associated with Purchasing Luxury Property

In addition to the purchase price, there are several additional costs involved in buying luxury homes in Villefranche-sur-Mer. These include the transfer tax, which is about 5.09% to 6.40%, real estate agent fees, notary fees, as well as fees related to building inspections and various legal fees. The average commission rate for the buyer is around 5%.

Taxes in Villefranche-sur-Mer

When it comes to taxes, private homeowners in Villefranche-sur-Mer must pay wealth tax. For the purchase of a primary or secondary residence, the capital gains tax applies, except when selling a primary residence which is exempt. The corporate tax rate is 28%, while the income tax is progressive up to 45% for the highest incomes.

Mortgages

For the purchase of a house in Villefranche-sur-Mer, the mortgage financing ratio generally varies depending on the borrower's situation. As a general rule, banks lend up to 80% of the purchase price of the property.

Luxury Neighborhoods and Accessibility

Among the most expensive and sought-after neighborhoods are Le Vinaigrier and Basse Corniche. Villefranche-sur-Mer is easily accessible by road and train, and it is only about 7 miles from Nice and close to Nice Côte d'Azur Airport.

Environment and Points of Interest

Villefranche-sur-Mer is nestled in the Alpes-Maritimes department and has about 5,000 residents. It is a natural wonder, combining the sea and the mountains, with a mild Mediterranean climate. This seaside village offers various water sports, hiking, and is home to luxury boutiques, Michelin-starred restaurants such as "La Mère Germaine", and even a casino.

Events and Culture

Villefranche-sur-Mer, is rich in cultural events including the famous "Battle of Flowers" and is home to the Volti Museum. The nearest hospitals are in Nice, as are many universities that attract an international student population. Finally, the public infrastructure is of high quality, with all public services widely available.