Nestled on the French Atlantic coast, La Teste-de-Buch is a town rich in history and character. With its historical sites, including Saint-Vincent church and the Dune du Pilat, the tallest dune in Europe, it offers an exceptional living environment. Strategically located near Bordeaux, it benefits from proximity to major economic centers.
Exclusive Real Estate Market in La Teste-de-Buch
The real estate market in La Teste-de-Buch is currently stable and dynamic. The demand for luxury houses and apartments is strong, responding to a qualified and varied offer. Its stable local economy guarantees a safe and sustainable investment.
Costs Associated with Buying a Property
The real estate commission generally varies between 3% and 8% of the price of the property, borne by the buyer or the seller. In addition, one must take into account registration duties (about 5.81%), notary fees, and potentially costs related to a building inspection or legal fees.
Real Estate Taxation
The transfer tax in La Teste-de-Buch is 5.81%. The property wealth tax for a main residence is 0.50%. The corporate tax is 15% for profits up to €38,120 and 28% beyond. The tax on real estate capital gains is 19%.
Borrowing for a Real Estate Purchase
To obtain a mortgage in La Teste-de-Buch, the ratio between equity and debt is usually 30/70, and the income must be sufficient to cover future charges. The maximum amount of the mortgage is usually 80% of the purchase price.
Life in La Teste-de-Buch
The districts of Pyla-sur-Mer and Portes Océanes are highly sought after for their luxurious lifestyle. The town is easily accessible by road and rail and is located about an hour from Bordeaux. Notable institutions include several primary schools and colleges, as well as nearby universities.
La Teste-de-Buch is located in the Gironde department, has nearly 26,000 inhabitants, and offers an exceptional environment, between sandy beaches, lakes, and forests. The climate is oceanic, temperate, and sunny.
The town is a real paradise for lovers of sports and outdoor activities, with notably the Arcachon golf club, the nautical club, and hiking trails. It is also equipped with luxury boutiques, excellent gourmet restaurants, and exclusive nightlife venues. Cultural and sporting events are organized throughout the year, including the oyster festival and the Transhumance.
La Teste-de-Buch is home to the Sea and Oyster Museum and is located near the famous Olympia theatre of Arcachon. The town also houses the Arcachon hospital center. The city's public infrastructure is of quality, with a high availability of public services and modern amenities.