Situated in the heart of Portugal, Aguda is a charming seaside village that possesses a rich historical tapestry dating back to the Roman era. Its geographical location on the Iberian Peninsula provides it with striking ocean views and a hospitable Mediterranean climate. Aguda is known for its historical sights including the century-old Villa Aguda, renowned for its fusion of neoclassical and palladian architectural styles, as well as the iconic Capela de Nossa Senhora da Aguda. The community is nestled in the municipal of Vila Nova de Gaia, separating it from the hustle and bustle of Portugal’s larger cities, yet within easy reach of everything one might need.
The Luxury Property Market in Aguda
The exclusive property market in Aguda is currently strong and stable. Demand typically matches the supply, with a variety of luxury homes and apartments available to discerning buyers. The political and economic situation is also stable, creating an attractive investment environment. Buyers can expect to pay an average real estate commission of around 3 to 6 percent, similar to sellers, when transacting a luxury property.
Costs and Taxes Associated with Luxury Property Ownership in Aguda
Additional costs when buying a luxury home or apartment in Aguda include transfer tax, ranging around 6 to 7%, and notary fees. Potential construction inspection or legal costs may also be incurred. Furthermore, property owners can expect to pay a modest wealth tax on private ownership of a home in Aguda. Profits made from selling a privately owned home that served as a primary or secondary residence and corporate profits are subject to a tax rate of 28%, while income tax for registered residents is set at a progressive scale ranging from 14.5% to 48%.
Mortgage Requirements and Accessibility
Aguda’s mortgage requirements generally dictate a ratio of 80:20 between a home loan and personal capital, subject to income stability. The maximum mortgage one can obtain typically amounts to 90% of the property's valuation.
Luxury Living in Aguda
The most desired residential areas in Aguda include the properties along the beachfront, which offer breathtaking views of the ocean. Accessibility to the village is excellent with a well-maintained road network and relatively close proximity to major cities like Porto, approximately 15 kilometers away.
Oporto International Airport, approximately 23 kilometers away, facilitates both national and international travel. Aguda is home to several esteemed educational institutions like the Colégio de Gaia and Universidade Internacional da Maia.
Aguda's Amenities and Lifestyle
Aguda's environment is a splendid blend of nature’s beauty with the magnificence of the sea, lush landscapes, and an incredible climate ideal for outdoor activities, including watersports and hiking. Aguda also features a variety of luxury lifestyle shops, popular high-quality restaurants like Casa D'Oro, and the famed Solverde Casino Espinho. Manuel Laranjeira Park and renowned Serralves Culture Centre are also within reach.
Culture and Infrastructure in Aguda
Every year, Aguda hosts several historical, cultural, and sporting events like the Aguda Beach soccer tournament. It also boasts a number of museums and galleries, such as the Aguda Beach and Fishing Museum. With several state-of-the-art hospitals and clinics around, healthcare is readily accessible. The infrastructure in Aguda is well-developed, offering all necessary amenities in a tranquil setting that is nothing short of paradise for those seeking a luxe yet laid-back lifestyle.