Located in the picturesque province of Avia, this town boasts a rich history dating back centuries. Historical sights such as the Avia Cathedral and the Old Town Square attract visitors from around the world. The town is geographically positioned in a scenic valley, surrounded by rolling hills and lush landscapes. Besides its natural beauty, Avia’s location provides convenient access to major cities and transport hubs.
The Exclusive Property Market in Avia
The current exclusive property market in Avia is strong, with a high demand for luxury homes and apartments that slightly outpaces the available supply. This imbalance underscores the desirability of the area, driven by its exclusivity and luxury lifestyle offerings. The political and economic environment in Avia is stable, contributing to a secure investment atmosphere.
Real Estate Transactions in Avia
When purchasing a luxury home in Avia, buyers typically pay a real estate commission of around 3%, while sellers pay approximately 6% of the sale price. Additional costs include a transfer tax of 5% on private property, notary fees, potential construction inspection fees, and legal costs, which all add to the initial outlay. Importantly, there is no wealth tax on private home ownership in Avia. Moreover, if you sell a primary residence, you are generally not liable for capital gains tax, although you must pay capital gains tax on profits from selling a secondary home.
Mortgage and Financing Requirements
Financing a home in Avia typically requires a mix of own and foreign capital, with banks often lending up to 80% of the purchase price. The ratio between personal contributions and borrowed funds, as well as income verification, play critical roles in securing a mortgage.
Exclusive Residential Areas
The most sought-after residential areas in Avia include the Hillside Estates and Riverside Villas, known for their stunning views, privacy, and proximity to luxury amenities. These areas highlight the opulence and exclusivity that attract discerning buyers from around the globe.
Accessibility of Avia
Avia is well-connected by road and rail, ensuring seamless travel. The nearest big city, just 45 minutes away by car, is Metropolis City. Additionally, Avia is conveniently located 1.5 hours from both national and international airports such as the Central Avia Airport and International Gateway Airport, providing extensive travel options.
Educational Excellence
Educational institutions near Avia include the prestigious Avia International School and Avia Academy, renowned for their academic excellence and state-of-the-art facilities.
Natural Beauty and Environment
Respecting a landscape of rolling hills, lush valleys, and serene water bodies, Avia offers a picturesque environment. This natural beauty, coupled with a mild climate, makes Avia an ideal place for nature enthusiasts and those seeking tranquility.
Sports and Outdoor Activities
Avia offers a range of sports and outdoor activities, including golf at the Avia Golf Club, sailing on Lake Avia, and hiking along the scenic trails of Avia National Park. These activities are supported by well-maintained facilities and infrastructure.
Luxury Shopping and Lifestyle
High-end shopping is available at The Avia Mall, where luxury brands and boutique shops provide an exclusive retail experience.
Dining and Entertainment
For upscale dining, establishments like La Belle Table and The Gourmet Terrace are highly recommended. Nightlife and entertainment are catered to by chic venues such as the Avia Club and the exclusive casino, The Grand Avia.
Annual Cultural and Sporting Events
Avia hosts several renowned events, including the Avia Film Festival, the Avia Art Expo, and the annual Avia Marathon, each attracting visitors and participants globally.
Cultural Institutions
Art and culture thrive in Avia, with notable institutions like the Avia Art Museum, The Contemporary Gallery, and the Avia Theatre offering rich and diverse cultural experiences.
Healthcare Facilities
Residents have access to top-tier healthcare services at Avia General Hospital and the Avia Medical Clinic, ensuring high standards of medical care.
Public Infrastructure and Amenities
Avia boasts a robust public infrastructure with readily available amenities, making it a convenient and comfortable place to live. The town's well-maintained roads, efficient public transport, and comprehensive service facilities add to its allure.
By choosing to live in Avia, you are not just buying a home; you are investing in a lifestyle defined by luxury, convenience, and unparalleled beauty.
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