Stresa - Baveno - Belgirate

Gignese, a charming village in the Piedmont region of northern Italy, is steeped in history and culture. Located in the Verbano-Cusio-Ossola province, it is nestled in the breathtaking pre-Alpine environment near Lake Maggiore. Gignese is well-known for its historical sights such as the Museo dell’Ombrello e del Parasole, celebrating local craftsmanship, and its beautiful churches like San Maurizio. The village’s picturesque setting and rich history make it a prime destination for those seeking an exclusive and luxurious lifestyle.

Exclusive Property Market in Gignese

The exclusive property market in Gignese is currently stable with a healthy balance between demand and supply of luxury homes and apartments. The region’s strong political and economic stability contributes to a favorable environment for real estate investments. On average, both buyers and sellers in Gignese can expect to pay between 3% and 5% in real estate commissions when acquiring or selling a property.

Additional Costs and Taxes

When buying a luxury home or apartment in Gignese, it is essential to account for various additional costs. These include transfer tax, which is currently set at 9% for private properties, notary fees, realtor commissions, and potential costs for construction inspection or legal services. Wealth tax on private property ownership in Gignese is moderate, and tax on profits made from selling a main residence is typically exempt. However, selling a second or vacation home incurs capital gains tax. For registered companies, the corporate tax on profits is about 27.9%, while income tax for residents ranges between 23% and 43% depending on their income level.

Mortgage Requirements and Financing

To buy a house in Gignese, potential buyers generally need to meet specific mortgage requirements, including a substantial ratio of own to foreign capital and income proof. Typically, mortgages cover up to 80% of the purchase price, making it crucial to have substantial initial capital.

Sought-After Residential Areas

The most expensive and sought-after residential areas in Gignese include the picturesque zones near Lake Maggiore and the Pino region. These areas boast luxurious homes with stunning views and premium amenities.

Accessibility and Transportation

Gignese is well-connected by both road and rail, making it easily accessible. The village is about 90 kilometers from Milan, which is the nearest big city, and approximately 50 kilometers from the Malpensa International Airport. This accessibility adds to its allure as a convenient but exclusive residential choice.

Education and Institutions

In the vicinity of Gignese, notable educational institutions such as the European School in Varese offer quality schooling options. The University of Milan is also within reach, catering to higher education needs.

Natural Environment and Climate

Surrounded by lush forests, rolling hills, and the serene Lake Maggiore, Gignese offers a stunning natural environment. The climate is generally mild, with pleasant summers and cool, snowy winters, ideal for both summer and winter outdoor activities.

Sports and Outdoor Activities

Gignese offers diverse sports and outdoor activities like hiking, sailing, golfing at the Golf Club Alpino di Stresa, and skiing in nearby resorts.

Luxury Lifestyle Amenities

Gignese boasts several luxury lifestyle shops, catering to discerning tastes. High-quality hotels like Hotel La Palma and renowned restaurants such as Il Portico provide top-tier hospitality and dining experiences. Exclusive nightlife options and entertainment venues add to its appeal.

Cultural Events and Attractions

Annual events such as the Stresa Festival and the Gignese Umbrella Fair are cultural highlights. Nearby, museums like the Borromeo Palace and gardens provide rich cultural experiences.

Healthcare and Public Infrastructure

Gignese residents have access to top healthcare facilities like the Fondazione Pisana per l’Antisenilità in Stresa. The village boasts excellent public infrastructure and accessibility to modern amenities, ensuring a high quality of life. In summary, buying a luxury home in Gignese offers a blend of historical charm, modern luxury, and a serene natural environment, making it a coveted destination for exclusive property buyers.