Tucked away beautifully on the shores of Lake Maggiore in the Province of Novara is the serene town of Lesa. Known for its rich history dating back to the Roman era, Lesa boasts a plethora of monumental architecture, an exquisite example is Villa Stresa, standing majestically dating back to the 18th century. The town's geographical offering is a tasteful blend of breathtaking lakes, panoramic mountain views, and verdant landscapes, establishing it as a haven for luxury living. Its strategic position in Northern Italy offers easy access to some of Italy's thriving regional hubs like Milan and Turin, making it a gem among luxury real estate enclaves.
Current Market Status for Luxury Homes in Lesa
The current exclusive property market in Lesa is steady and stable, presenting ideal conditions for potential investors seeking to buy luxury homes. While the demand holds up against the supply, it is sensible to say the market exhibits balance. This stability is further reinforced by the sound political and economic situations in Lesa.
Transaction Costs and Taxes
A buyer should typically budget for real estate commission worth 1-3% of the property's value. Additionally, sellers usually bear 3-5% in real estate commission, although this could be negotiated on a case-by-case basis. Transfer tax on private property is within a range of 9-10%, while wealth tax is approximately 0.76%.
Additional costs such as notary fees, possible construction inspection costs, and legal fees should also be taken into account when purchasing a luxury home or apartment. However, it's important to note that tax on the profit made from selling a private home used as a main residence is not usually required, while a second/vacation home could incur some capital gains tax.
Income tax rates for Lesa residents stand at a maximum of 43%, while registered companies are subject to a corporate tax of about 24%.
Mortgage Requirements and Luxury Residential Areas
Lesa's banks allow a maximum of 80% of the property's value as a mortgage, based on the buyer's affordability assessment. The prime residential areas boasting exclusive luxury properties are Solcio and Comnago with breathtaking lake views and serene surroundings.
Accessibility, Proximity to Major Cities, and Educational Institutions
Lesa is well-connected by roads and railways, further enhancing its accessibility. It lies around 90km from Milan, making it fairly proximate to a major city. Both Milan Malpensa Airport (45km away) and Turin International Airport (about 130km away) serve Lesa, presenting convenient international connectivity.
Education in Lesa and its environs is top-notch, with reputable institutions like the International School of Milan and Università Cattolica del Sacro Cuore within reach.
Outstanding Features of Lesa
Lesa is a paradise for lovers of nature, outdoor activities like sailing, golfing at the Golf Club Des Iles Borromées, and hiking in Val Grande National Park. In terms of luxury lifestyle, chic shops such as Armani, Versace, and Prada fill the avenues of nearby Milan.
Exceptional dining spots include Ristorante Piccolo Lago and Lo Stornello. Stylish nightlife can be found at venues like Casino Campione d’Italia, while each year Lesa plays host to exquisite cultural events like Stresa Festival.
In terms of medical care, the nearby Hospital Sant Maria della Speranza and the Clinical Hospital San Carlo Borromeo provide outstanding healthcare services. Lastly, Lesa takes pride in its efficient public infrastructure and the availability of amenities, reaffirming its position as a luxurious and comfortable place to live.