Nestled in the mountains of the French Alps, Méribel Village is distinguished by its rustic charm and rich heritage. Once a modest shepherd's village, Méribel was transformed into an elite ski resort after World War II. Situated in the Tarentaise valley in Savoie, Méribel is surrounded by striking natural beauty, including the snowy peaks of the Third Dynasty and the lush pine forests.
Méribel Village Luxury Real Estate Market
The exclusive real estate market in Méribel Village is currently strong and lively. This growing popularity means that demand for luxury houses and charming cottages surpasses supply. Nevertheless, the political and economic situation remains stable, making it an attractive investment.
When buying a house in Méribel Village, buyers can expect to pay an average real estate commission of 5%, while sellers can anticipate paying around 2% to 5%. Additional costs may include legal fees, building inspection charges, notary fees, and a transfer duty. This latter tax is typically 4.5%.
Taxation and Mortgages in Méribel Village
Residents of Méribel Village need to pay a wealth tax if they own a house, with a variable rate depending on the property value. Regarding the purchase and sale of properties, there is a capital gains tax, which is typically 19% for second homes or vacation residences.
To obtain a mortgage for a house in Méribel Village, most lenders require a down payment of at least 20% and proof of income. The maximum amount you can get as mortgage depends on your income and expenses.
Living in Méribel Village
The most sought-after residential areas for luxury homes in Méribel Village include Belvédère, Rond-Point des Pistes, and Altiport.
In terms of accessibility, Méribel Village is reachable by road via the A430 motorway and the D90. The nearest airport is Chambéry-Savoie, about 60 km away.
Méribel Village is surrounded by natural beauty, including pine forests, rivers, and mountain peaks. Residents can enjoy a variety of sports and outdoor activities, including skiing, snowboarding, hiking, and mountain biking.
Méribel Village also offers a variety of luxury boutiques, quality hotels, and restaurants, including the Michelin-starred L'Ekrin. Not-to-be-missed annual events include the Méribel Festival, the Alpine Skiing World Cup, and the Snowboarding World Cup.
Local amenities include nearby hospitals like the Albertville-Moutiers Hospital Centre, as well as advanced public infrastructure, with access to electricity, potable water, and sanitation.
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