Otterlo, rich in history and beautiful sights, nestles in the province of Gelderland. The prosperous history is reflected in the carefully preserved landscape, including De Hoge Veluwe National Park. With its advantageous location near the center of the Netherlands, Otterlo is a perfect combination of rural tranquility and urban accessibility.
The exclusive housing market in Otterlo
The exclusive housing market in Otterlo is characterized by its stability. The supply of luxury houses and apartments in this region coincides with a strong demand, which is due to the attractive lifestyle and the stable political and economic situation of Otterlo.
Financial aspects around real estate in Otterlo
When buying a luxury house or apartment in Otterlo, the buyer can expect an average real estate commission of 1.5% of the selling price. The seller usually pays around the same commission. Additional costs include transfer taxes (2% of the selling price), notary fees, and possible costs for structural inspection and lawyers. As the owner of a house in Otterlo, expect that 0.75% of the WOZ-value will be taxed via the wealth tax.
Selling a house or apartment that is used as the main residence is exempt from capital gains tax. However, if it involves the sale of a second or vacation home, this profit is taxed as income from other activities. For companies registered in Otterlo, a corporate tax of 16.5% to 25% applies on the profit. Income tax for the residents of Otterlo varies between 37.35% and 49.5%, depending on the income.
Buying a house in Otterlo
Buying a house in Otterlo involves general mortgage standards. This includes a ratio between own and borrowed capital, as well as income requirements. Generally, one can borrow up to 100% of the purchase price in the Netherlands.
Lifestyle and amenities in Otterlo
The most prominent residential areas of Otterlo, where luxury houses are situated, are the center and around De Hoge Veluwe National Park. These areas offer not only exclusive homes but also an unparalleled serene lifestyle. With a population of about 2,400 people, Otterlo is ideal for those who prefer a quiet and luxurious environment.
In terms of education, Otterlo hosts several high-quality educational institutions, including the primary school 'De Driesprong' and training institutes in nearby cities such as Arnhem and Wageningen.
Otterlo is a short 22 km from the vibrant city of Arnhem. Travel from Otterlo by road and train is excellent; with direct connections to major cities such as Arnhem, Nijmegen, and Apeldoorn. The international airport Schiphol is approximately an hour and a half drive away, making Otterlo very easily accessible for international travelers.
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