Nestled between rolling hills and serene landscapes, Sentoni is a charming town with a rich history dating back to the 12th century. The town boasts historical landmarks such as the Sentoni Castle and the ancient ruins of the old marketplace. Geographically, it is situated in the heart of Sentonia province, making it easily accessible from neighboring regions. Sentoni's captivating past and well-preserved sites make it an attractive spot for both residents and visitors.
The Exclusive Property Market in Sentoni
The current exclusive property market in Sentoni is robust, with a high demand for luxury homes and apartments significantly outweighing the available supply. This trend has fostered a competitive environment, making it a seller's market. The stable political and economic situation in Sentoni further enhances its attractiveness among high-net-worth individuals seeking luxury real estate investments.
Real Estate Commissions and Additional Costs
When buying a luxury home in Sentoni, buyers typically pay an average real estate commission of 3%, while sellers generally incur a commission of around 5%. Additional costs to consider include a transfer tax set at 5%, notary fees, costs for a construction inspection, and legal fees. Potential buyers should be well-prepared for these expenses to ensure a smooth transaction.
Taxes and Financial Considerations
Sentoni has implemented a wealth tax of 1% on private property ownership. There is no capital gains tax for selling a main residence, but a 15% tax applies to sales of secondary or vacation homes. For corporates, the profits are taxed at 25%, and registered residents face an income tax rate of 30%. Mortgage requirements typically necessitate a balance of 30% own capital and 70% foreign capital, with the maximum mortgage amounting to 80% of the purchase price.
Prime Residential Areas
The most coveted residential areas in Sentoni include Hillside Villas, Lakeshore Estates, and the exclusive Galleria District. These areas are renowned for their exquisite properties, scenic views, and high-end amenities, making them prime choices for luxury living.
Accessibility and Transportation
Sentoni is well-connected by road and rail, offering convenient access to various destinations. It is located just 45 kilometers from the bustling city of Sentinova, providing residents with the best of both worlds—peaceful living and city amenities. The nearest international airport is Sentonia International, situated 35 kilometers away, facilitating effortless global travel.
Education and Training Institutions
Sentoni is home to several prestigious schools, including Sentoni International School and the Elite Academy. Nearby universities, like the University of Sentinova, are renowned for their academic excellence and offer a range of programs for higher education.
Natural Beauty and Climate
Surrounded by lush greenery, serene lakes, and rolling hills, Sentoni's environment is idyllic. The mild, Mediterranean climate enhances its allure, with warm summers and mild winters perfect for outdoor activities.
Sports and Outdoor Activities
Sentoni offers a wealth of sports and outdoor activities, including boating on Lake Sentoni, hiking in the Sentoni Hills, and golfing at the prestigious Sentoni Golf Club. These activities cater to an active and luxurious lifestyle.
Luxury Shopping and Entertainment
For the luxury lifestyle aficionado, Sentoni presents high-end boutiques in the Galleria District, high-quality hotels such as the Sentoni Grand Hotel, and exquisite dining experiences at renowned restaurants like La Belle Table. Exclusive nightlife options and stylish casinos provide ample entertainment opportunities.
Cultural Events and Institutions
Sentoni hosts several annual events, including the Sentoni Arts Festival and the Sentoni Marathon. The town also boasts famous museums such as the Sentoni Heritage Museum, and renowned theaters and galleries that enrich the local cultural scene.
Healthcare Facilities
The town is served by top-tier healthcare facilities like Sentoni Regional Hospital and the Luxe Health Clinic, ensuring quality medical care for its residents.
Public Infrastructure and Amenities
Sentoni's public infrastructure is modern and well-maintained, with an array of amenities that include parks, community centers, and recreational facilities. This ensures a high quality of life for those choosing to reside in this historical yet luxurious town.