Nestled in the hills of the French Riviera, Grasse is recognized for its rich historical past, picturesque sites, and unique geographical location. Known as the world's perfume capital, it fascinates with its historical essence preserved in its streets lined with 18th-century houses. Located at a strategic distance from Cannes, Nice, and Monaco, Grasse enjoys superb views over the Mediterranean Sea.
Exclusive real estate market in Grasse
The exclusive real estate market in Grasse is currently stable, with a rising demand for luxury homes from buyers on a national and international scale. Hillside villas, old mansions, and luxury apartments are in high demand.
Politics and Economy in Grasse
The political and economic situation in Grasse is generally stable. Grasse, being a part of the Provence-Alpes-Côte d'Azur region, has a thriving economy with major industries like perfume, tourism, and real estate.
Cost of buying a home in Grasse
Purchasing a luxury home in Grasse incurs additional costs such as transfer rights, notary fees, and potential building inspection costs. The transfer rights on private properties in Grasse are around 5.8%. Notary fees are typically 2-3% of the property's selling price. For a buyer, the real estate commission generally varies between 3% and 6% of the selling price.
Taxation in Grasse
The wealth tax in Grasse depends on the total net worth of the owner. There are taxes on profits from the sale of primary and secondary residences. The corporate tax rate for companies registered in Grasse is about 28%. For residents, the income tax varies depending on several factors including income and family situation.
Living in Grasse
Grasse, situated in the French Riviera province, is a scenic city, with about 50,000 inhabitants. Boasting stunning hillside landscapes and offering a panoramic view over the Mediterranean, its climate is typically Mediterranean. There is a wide range of sports and recreation options, including golf, hiking, and annual events such as the famous International Garden Festival. Grasse also offers an array of luxury boutiques, quality hotels, well-known restaurants, and exclusive entertainment. Cultural attractions include the International Perfume Museum, art galleries, and Grasse theater. Renowned schools and universities, as well as quality hospitals and clinics, are also nearby.
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