Nestled in the heart of Taranto Province, Pulsano is steeped in beauty and history dating back to the Paleolithic period. Pulsano, known for its coastal beauty and preserved historical sights, is a hidden gem of Southern Italy. This seaside town not only boasts pristine beaches but also harbors ruins from a monastery dating back to the 10th century. Positioned along the heel of Italy's boot, Pulsano offers an enchanting escape from the modern, bustling world.
The Pulsano Exclusive Property Market
The luxury property market in Pulsano is currently strong and stable, fueled by the continual influx of national and international luxury-enthusiasts seeking an upscale lifestyle, unique cultural experiences and the distinct peace and beauty Pulsano offers. The demand for exclusive homes and apartments is consistent with the supply, making Pulsano a balanced marketplace ideal for investments.
Political and Economic Climate
Pulsano thrives under a stable political and economic situation, encouraging both local and overseas investors. The stability of the market is reinforced by the consistent tourism and steady influx of property owners seeking residence.
Due to local regulations, a buyer should account for an average real estate commission of 3% when purchasing a home in Pulsano. Additionally, the seller is typically responsible for a similar rate. There are several additional costs associated with owning luxury property in Pulsano, including transfer tax, notary fees and potential legal or construction inspection costs. The transfer tax on private property stands at 9%.
Owning Property in Pulsano
As an owner of private property in this charming southern Italian town, several tax responsibilities arise. Pulsano imposes a 3% wealth tax on private home ownership. While you will not be taxed on profits made from selling your main residence, profits on the sale of second or vacation homes are subject to a 20% capital gains tax.
Companies registered in Pulsano are subject to a 24% corporate tax, while the income tax for registered residents falls between 23% - 43%, depending on income.
Living in Pulsano
Located approximately 15 km from the city of Taranto, Pulsano is easily accessible by roads and boasts a comfortable Mediterranean climate. The most sought-after residential areas in this town are along the coastline, with luxury homes benefiting from panoramic views of the sparkling Ionian Sea.
Enhancing the luxurious lifestyle of Pulsano are upscale shopping boutiques, premium-quality restaurants and exclusive entertainment venues. Notable landmarks include the Marina di Pulsano and the Abbey of San Vito. Annually, the town hosts cultural and sporting events such as The Feast of Madonna del Rosario and local regattas.
Those looking for educational opportunities will find the University of Taranto and other training institutions in the vicinity accessible and beneficial. Pulsano boasts intact infrastructure, a reservable hospital, and for those moments of tranquility, the beautiful Pulsano Forest is just a short trip away.
Living in Pulsano offers a balance between the serene, slow-paced life of a seaside town and the upscale living of modern luxury, making it an alluring destination for those desiring an exclusive lifestyle.
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