Resonating in the heart of Twente: Hengelo breathes a rich industrial past with a unique range of historical attractions such as the Poppodium Metropool and Techniekmuseum HEIM. Located in the Overijssel nature, at a crossroads of rivers, forests, and moorlands, this buzzing city, built around its characteristic market square, offers a high quality of life with a range of luxury amenities.
The Exclusive Housing Market in Hengelo
The current exclusive housing market in Hengelo is healthy, strong, and stable. There is an increasing demand for luxury homes in Hengelo, which reflects the desire for a higher standard of living. The political and economic situation in Hengelo is stable and is a reputed environment for both national and international businessmen and professionals.
Real Estate Commissions and Additional Costs
When buying a house in Hengelo, various costs may arise on top of the asking price. Buyers and sellers typically pay 1.5% to 2% of the final sales price in real estate commission. In addition, transfer tax (2% of the purchase price for homes), notary costs, and possible building inspection or attorney fees should be considered.
Tax Aspects
When selling a private house or apartment that is used as the main residence, no tax is levied on the potential profit. The wealth tax amounts to 0.61% to 1.61%, and the transfer tax on private real estate is 2%. For homes used as a second home, the tax situation may be different and it is advisable to seek financial advice.
Location and Accessibility
Hengelo, strategically located in the province of Overijssel, offers high-quality accessibility by road and rail. It is close to large cities such as Enschede, approximately 10 km away, and is well connected to national and international airports such as Schiphol and Düsseldorf.
Education, Sports, and Lifestyle
Hengelo is home to renowned educational institutions like the University of Twente and Saxion Universities of Applied Sciences. For sports and outdoor activities, residents and visitors can go to FC Twente, Twentebad, and various golf clubs in the area. Luxury shops, high-quality hotels, and restaurants like 't Lansink and Bi'j de Watermölle enrich the lifestyle experience.
Culture, Healthcare, and Amenities
Culture lovers can enjoy the art offerings at the Rijksmuseum Twenthe and the art center Expo8. The recurring Arts on the Street festival and the Night of Hengelo put the city on the map as a cultural hotspot. In terms of healthcare, the ZGT hospital and Huisartsenpost Hengelo are available to residents. The public infrastructure is modern and of high quality, catering to the dynamic needs of its residents.
This unique interplay of luxury living, a rich cultural scene, and high-quality life makes Hengelo an attractive place for those seeking an exclusive lifestyle in the heart of Twente.
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