Imbued with rich history and captivating sights, Baveno stands gallantly on the shore of Lake Maggiore, in Italy's picturesque region of Piedmont. Synonymous with beautiful properties and an enviable climate, Baveno is home to historical landmarks such as the grand Church of Saints Gervase and Protaso and the picturesque Baveno Granites. Renowned for its quarries that procured the granite for the Milan Cathedral, Baveno has seamlessly transformed from an industrial town into an illustrious lakefront community. The upmarket resort town is cherished for its artistic heritage, luxurious lifestyle, and its strategic location near the provincial capital, Verbania.
Exclusive Property Market in Baveno
The real estate market in Baveno is remarkably stable, exhibiting a high demand for luxury homes and apartments. This is largely due to the town's benefits: its rich history, beautiful lake views, and close proximity to large cities making it incredibly appealing to the affluent.
Costs Associated with Buying Luxury Property in Baveno
When buying a luxury home or apartment in Baveno, buyers typically pay an average real estate commission. The transfer tax on private property, realtor commissions, notary fees, and possible construction inspection or legal costs are additional expenditures that need to be considered. Furthermore, the wealth tax on the private ownership of a house in Baveno also applies.
Fiscal Responsibilities for Property Owners
Owners have to pay tax on the profit made when selling a privately owned home or apartment that's used as a second or vacation home, while properties used as main residences are exempt from such taxes. Additionally, the corporate tax on profits for registered companies in Baveno is in line with Italy's federal tax system.
Mortgage Requirements & Limits
The general mortgage requirements for buying a house in Baveno stipulate a sound balance between own and foreign capital, with specifics being dependent on individual financial standing and income.
Desirable Locations for Luxury Homes in Baveno
Luxury homes are often located in high-demand areas such as the lakeside, offering stunning views of Lake Maggiore, and in vicinity to the central boutiques and high-end restaurants.
Accessibility to Baveno
Baveno's geographical position in Northern Italy allows for excellent accessibility by road and rail, and is approximately an hour drive from the international metropolis of Milan. It also enjoys convenient proximity to Milan Malpensa Airport, facilitating international arrivals.
Education, Health and Infrastructure Facilities
In Baveno vicinity are esteemed educational institutions, hospitals like the Asl VCO Hospital in Verbania, while public infrastructure and amenities are well-maintained. Its luxury lifestyle shops, high-end hotels & restaurants, and its exclusive culture & nightlife, only enhance Baveno's appeal as a luxury residential location.
Located in Nature's Embrace
Nestled in Piedmont, Baveno boasts a diverse landscape - surrounded by hills, hugging a beautiful lake, and situated not too far from the Alps. The terrain caters perfectly to outdoor sporting and leisure activities like hiking, sailing and cycling.
Baveno - A Cultural & Lifestyle Hub
Baveno's annual events, along with its well-known museums, art galleries and theaters, nurses a thriving cultural scene. Its luxury shops, exclusive nightlife, and elegant restaurants are a testament to the town's extravagant lifestyle.
Baveno embodies luxury and tranquillity in equal measure, affirming it as an ideal location for the discerning homeowner.
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