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Positioned in Italy's Southern region of Puglia, Manduria transcends the confines of a mere geographical location to embody a true lifestyle of luxury and distinction. A historical Mecca, Manduria boasts a rich tapestry of heritage, hallmarked by its ancient Messapian walls and stunning baroque architecture. Locally, its reputation is synonymous with its production of the prestigious Primitivo di Manduria wine, further cementing its status as a connoisseur of excellent taste. Etched by its pristine beaches and framed by the azure huddle of Ionian Sea, Manduria presents the ideal base for a luxurious lifestyle.

The Exclusive Property Market in Manduria

The exclusive property market in Manduria is stable, beautifully balancing luxury demand and supply. Luxury homes and apartments are available in this prime location, rendering it an irresistible investment opportunity for those seeking a tranquil oasis amidst architectural splendour.

Political and Economic Stability of Manduria

Manduria, much like the broad stroke of Puglia, is politically and economically stable. The consistent growth in tourism and real estate investment makes for a robust local economy.

Average Real Estate Commission

In general, a buyer and seller pay approximately 3% of the selling price as a real estate commission. However, this cost can vary and should always be determined with the estate agent.

Additional Costs to Consider

Additional costs to consider include transfer tax, notary fees, potential construction inspection, and legal costs. A transfer tax is levied at 9% of the assessed value. Legal advice should be sought to fully understand these additional expenses, which can add to the total cost of purchasing property.

Property Taxation in Manduria

Residents of Manduria pay an annual wealth tax of 0.76% on private property. Taxation on the net profits from property sale varies with circumstances. Primary residential properties are exempt; however, secondary homes are taxed at 26%.

Corporate and Income Tax

Registered companies in Manduria incur a corporate tax of 24%, while the income tax for residents falls into progressive brackets, reaching up to 43% on income above €75,000.

Mortgage Requirements

Mortgage requirements include proof of sufficient income and typically demand a deposit of approximately 20% of the property value. As a general rule, you can expect to borrow up to 80% of the purchase price.

Residential Areas and Accessibility

Key residential areas include Lido di Rivabella and Via Terenzio Varrone. Manduria's location allows excellent road and rail connectivity, and the nearest big city and airport, Brindisi, is just over an hour’s drive away.

Education Institutions

The city plays host to numerous respected educational institutions, such as the Università del Salento and various training institutions.

Natural Environment and Climate

Manduria's scenic beauty is complemented by a Mediterranean climate, with hot summers and mild winters. The area's lush greenery and stunning coastline make it perfect for outdoor activities like horse riding, hiking, golfing, and more.

Luxury Lifestyle Shops

Manduria’s luxury lifestyle is reflected in its exclusive boutiques and antiques stores. Whether you want high-end fashion or unique homewares, Manduria offers it all.

Luxury Accommodation and Restaurants

Famous hotels such as Masseria Le Fabriche and highly rated restaurants like Antica Masseria Rottacapozza offer exceptional dining and luxury accommodation experiences.

Historical, Cultural, and Sporting Events

Events like the Primitivo Wine Festival and the Tria Carnival occur annually and the city is home to revered institutions such as Municipal Archaeological Museum of Manduria and the Jewish Ghetto and Museum.

Healthcare Institutions

Residents can access quality healthcare at hospitals like Ospedale SS. Annunziata and numerous clinics in Manduria.

Public Infrastructure and Amenities

As a thriving city, Manduria possesses excellent public infrastructure and a wide range of leisure amenities, including numerous parks, recreational facilities, shopping areas, and cultural venues – all contributing to the city’s luxuriant but relaxed lifestyle.