Nestled on the Riviera of Flowers, Bordighera is a beautiful city in the province of Imperia, Italy, steeped in history, culture, and natural splendors. With a rich past that dates back to the Roman times, Bordighera boasts a myriad of historical sights, including the ancient Church of St. Ampelio and the Villa Garnier. Geographically, Bordighera offers a picture-perfect setting, located between the Maritime Alps and the Ligurian Sea. Its climate, the mildest in the whole of Liguria, makes it an all-year-round destination for those who seek a luxury lifestyle.
The Premium Property Market of Bordighera
The exclusive property market in Bordighera is currently strong and stable with a balanced supply and demand of luxury homes and apartments. Bordighera is on an upward trajectory economically and politically, adding further stability to its premium real estate market.
When it comes to buying a luxury home in Bordighera, additional costs such as transfer tax, realtor commissions, notary fees, and possible construction inspection or legal costs should be taken into account. The transfer tax on private property is typically around 9%, although it significantly reduces for those buying their primary residence.
Understanding Property Taxes in Bordighera
For property owners in Bordighera, the wealth tax can vary depending on factors such as property type and overall value. However, tax on the profit made from selling a prime residence is usually exempt. For second or vacation homes, the tax on profit made from selling can be levied, but there are certain exemptions and deductions. The corporate tax on profits for registered companies and income tax for registered residents follow the standard Italian regulations.
Mortgages and Financing Luxury Homes in Bordighera
Mortgage requirements in Bordighera encompass standard parameters like income and credit history. On average, up to 80% of the purchase price can be covered through mortgages. However, these terms can vary based on individual financial situations and property details.
Living the Luxury Life in Bordighera
Bordighera is synonymous with luxury, with the most sought-after residential areas located along the coastal stretch and the city center. Connectivity is stellar, with seamless road and rail links. Bordighera lies around 31 km from the bustling city of Sanremo, and has proximity to international airports like the Nice Côte d'Azur International Airport.
Bordighera is home to renowned academic institutions, thus ensuring excellent education. The natural setting of Bordighera is breathtaking with lush vegetation, stunning beaches, and panoramic landscapes. Sport and outdoor activities abound, from water sports and golfing to hiking and biking.
Unlocking the Bordighera Lifestyle
Bordighera offers an array of luxury lifestyle shops for the discerning shopper, besides high-quality hotels and restaurants catering to gourmet tastes. This vibrant city also boasts an exciting nightlife with chic bars, live music venues, and stylish entertainment spots. Bordighera takes pride in its rich cultural heritage, with annual events that draw crowds, besides its museums, art galleries and theaters. It also boasts of excellent healthcare facilities and a robust public infrastructure. All of these elements come together to deliver an unmatched luxury lifestyle in Bordighera.