Rooted in enduring history, St. Ulrich Am Pillersee is an alpine gem located in the province of Tyrol, Austria. This picturesque resort town boasts historic sites like the Parish Church of St. Ulrich with its unique frescoes and tranquil Pillersee Lake. Surrounded by the Kitzbühel Alps and Loferer Steinberge, its geographical position makes it an attractive destination for discerning buyers seeking an exclusive property and high-end lifestyle.
The Exclusive Property Market in St. Ulrich Am Pillersee
The exclusive property market in St. Ulrich Am Pillersee appears to be stable and growing, driven by its appeal as a luxury resort and the tranquility it offers. The demand for luxury homes outstrips supply, which underscores the exclusivity air of this upscale market.
Political and Economic Stability
The political and economic situation in St. Ulrich Am Pillersee is stable, aided by Austria's strong economic infrastructure and a supportive local government. This stability further amplifies the attractiveness of investing in the local property market.
Associated Costs of Buying Luxury Property
Purchasing luxury property in St. Ulrich Am Pillersee includes some additional costs. These include transfer tax which stands at 3.5%, realtor commissions ranging from 3 to 6%, notary fees around 2% and other potential costs related to property inspection or legal processes.
Taxation on Owned Property & Profit from Sale
Wealth tax on private homes in St. Ulrich is not applicable. However, there could be tax liabilities when selling a home. While sale of a main residence is not taxable, selling a second home may result in capital gains tax.
Corporate and Income Tax
Registered companies enjoy a corporate tax rate of 25% in St. Ulrich Am Pillersee. For residents, the income tax is progressive and could reach up to 55%.
Mortgage Requirements & Limits
Mortgage conditions for buying a property in St. Ulrich Am Pillersee often require a healthy balance of own and foreign capital. Most banks finance up to 60% of the purchase price.
Luxury Residential Areas & Accessibility
Luxury homes are nestled in tranquil areas offering panoramic views of the Pillersee Valley. St. Ulrich is easily accessible via the A12 motorway and the St. Johann in Tirol train station.
Education & Healthcare Facilities
There are reputed schools and universities nearby such as St. Johann in Tirol High School. Top-notch hospitals including Kitzbühel Hospital are a short drive away.
Luxury Lifestyle, Outdoor Activities & Amenities
St. Ulrich offers an array of high-end retail stores and restaurants. Its natural splendour allows outdoor activities like skiing, hiking and golfing. Public infrastructure is excellent with amenities such as pristine parks, an efficient public transportation system and utility services available to all residents.
Rich Cultural Heritage
The town's rich cultural scene includes events like the Annual Pillersee Cross Country Skiing Marathon. There are also several art galleries, museums and theatres in the nearby city of Kitzbühel.
St. Ulrich Am Pillersee is indeed a marketplace for the refined luxury buyer. Its blend of alpine beauty, rich heritage, economic stability and premium lifestyle makes it an ideal place for owning an exclusive property.
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