Nestled between sky and earth, Tourrettes-sur-Loup offers a vibrant blend of history and nature. This medieval city, perched above the Wolf Gorges, is a gem of the Nice hinterland. Its preserved historical heritage and lush vegetation make this village an exceptional place for those looking to settle on the French Riviera.
Real Estate Market in Tourrettes-sur-Loup
The exclusive real estate market in Tourrettes-sur-Loup is currently stable with a balanced demand relative to the supply of luxury homes and apartments. The political and economic situation is stable, which makes property purchase more attractive and secure.
Financial Information Related to Property Purchase
Real estate commission fees vary on average between 4% and 7% of the sale price, payable by the buyer or the seller. Other costs need to be considered when buying a luxury home in Tourrettes-sur-Loup, such as transfer tax, notary fees, and potential construction inspection costs or legal fees. The percentage of the transfer tax on private property is 5.80%.
Taxation in Tourrettes-sur-Loup
The wealth tax on the private possession of a house in Tourrettes-sur-Loup depends on the value of the property as well as the individual tax situation of each individual. It is important to note that taxes do apply on the profit made when selling a house, whether as a primary or secondary residence. The percentage of corporate tax on profits for companies registered in Tourrettes-sur-Loup is 28%. The income tax for registered residents depends on their income and family situation.
Obtaining a Mortgage in Tourrettes-sur-Loup
To obtain a mortgage on a property in Tourrettes-sur-Loup, one generally has to have at least 10% of the amount in own capital, and potentially more depending on the value of the property and the applicant's credit.
Living in Tourrettes-sur-Loup
Tourrettes-sur-Loup is an exceptional place, very well served by road and rail. The nearest town, Vence, is about 11km away while Nice, the largest city, is about 22km away. The village is around 30 minutes drive away from Nice airport.
There are several primary and secondary schools nearby, and universities like the University of the French Riviera in Nice.
Located in Provence-Alpes-Côte-d’Azur, Tourrettes-sur-Loup has about 4,000 inhabitants. The setting is decidedly natural, with beautiful mountain views and the tranquility of the village.
Leisure and Culture in Tourrettes-sur-Loup
Tourrettes-sur-Loup offers a variety of activities, ranging from hiking to exploring luxury boutiques. Gastronomy enthusiasts will be delighted by the many gourmet restaurants, like the famous Clovis restaurant. The city's cultural agenda is also rich, with events such as the Violet Festival, which takes place each year in March.
The nearest hospitals and clinics are in Vence and Cagnes-sur-Mer. Tourrettes-sur-Loup also has good public infrastructure, with all necessary amenities, including regular public transport.
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