Historical riches, majestic sites and the intersection of enchanting geography, Lyon's 2nd district undoubtedly offers a kind of unparalleled excellence and luxury. Nestled in the heart of a dynamic French epicenter, this prestigious district is panoramically formed by two rivers, the Saône and the Rhône, with a history that embraces antiquity reaching to the modern era. Close to Lyon's historical center, a UNESCO World Heritage site, Lyon's 2nd district boasts a dizzying array of architecture, echoing the grandeur of its history, from the impressive Place Bellecour to the Municipal Library of Lyon.
Real Estate Market in Lyon's 2nd District and Associated Costs
The real estate market in Lyon's 2nd district is currently strong, with a high demand for luxury homes slightly exceeding supply. The political and economic situation is stable, thus favoring an optimal atmosphere for real estate investment. Additional costs to consider when buying a luxury home in Lyon's 2nd district include the real estate commission, which is typically about 5% of the sale price for both the buyer and the seller, notary fees, transfer duty of 5.8%, and any possible building inspection or legal fees.
Tax Implications and Mortgage Loans
For each property in Lyon's 2nd district, wealth tax must be paid if the net taxable value of your assets exceeds 1.3 million euros. Also, consider the percentage of income tax, which is currently at 30% for registered residents. If you plan to apply for a mortgage loan for your purchase, general requirements for capital and foreign equity vary from lender to lender, however, most banks generally allow a debt ratio of 33%.
Residential Neighborhoods and Accessibility
Lyon's 2nd district is known for its exclusive residential neighborhoods such as Ainay and Bellecour. Well served by an extensive road and rail network, Lyon's 2nd district offers optimal accessibility with the Lyon-Perrache train station nearby. Just 30 minutes by car from Saint-Etienne, the nearest city, and close to the Lyon-Bron and Lyon-Saint Exupéry airports.
Education, Culture and Recreation
Lyon's 2nd district is home to prestigious educational institutions, including Jean Moulin University Lyon 3. Culturally, the district stands out with renowned establishments such as the Confluences Museum. The natural landscape, contrasted by green spaces like the Cerisaie Park, offers a multitude of outdoor activities. Luxury boutiques, such as Le Carré Soie, complement the exclusive entertainment offerings, with quality hotels like the Sofitel Lyon Bellecour, renowned restaurants like Paul Bocuse, and popular annual events, including the Festival of Lights.
Health Care and Amenities
Residents of Lyon's 2nd district have access to cutting-edge health facilities such as Edouard Herriot Hospital. The public infrastructure in this district is well developed with all essential services easily available, from the police to firefighters and communal services.