The Exclusive Real Estate Market in Wustrow
The exclusive real estate market in Wustrow is stable and strong, thanks to a high demand for luxurious houses and apartments. The demand is higher than the supply, suggesting the unique location and attractive historical views.
Explanation of Terms and Costs
When buying a luxury property in Wustrow, various additional costs are expected, including the property transfer tax, real estate agent commissions, and notary fees. For buyers, the average real estate commission is 7.14% of the purchase price. Sellers should expect a real estate commission of about 5-6%. The property transfer tax in Wustrow is 5% of the purchase price.
Taxes and Mortgages
The property tax is 0.5% of the property value. Profits from the sale of a privately used primary residence or a secondary/holiday home are taxable. The income tax rate for registered residents of Wustrow is 42%.
The maximum mortgage for buying a house in Wustrow depends on the respective credit institution and the individual financial situation.
The Most Luxurious Residential Areas in Wustrow
The most coveted luxury properties are located by the Baltic Sea and other picturesque places in Wustrow. The accessibility of Wustrow is excellent via the B105, and the nearest major city, Rostock, is only 50 kilometers away.
Education and Infrastructure in Wustrow
Wustrow offers high-quality educational institutions, including the State Primary School Wustrow. The town also has an efficient infrastructure, including hospitals and clinics.
Luxury Lifestyle and Recreational Activities in Wustrow
Wustrow provides a variety of opportunities for outdoor activities, such as sailing, hiking, and cycling. Some of the most renowned hotels and restaurants are located in Wustrow. As for art and culture, the town offers many attractions and events, including local galleries and the annual harbor festival.
Approximately 1,300 people live in Wustrow. The climate is moderate and maritime, and the landscape features breathtaking stretches of coastline, green forests, and romantic inland lakes.