Montgat, located in the province of Barcelona, is steeped in a rich history, reflected in its numerous historical points of interest such as the Can Palau Tower and the church of Sant Joan Baptista. This picturesque city is situated on the Mediterranean coast, offering its residents beautiful sea views along with a quality lifestyle that's exceptional. The surrounding mountainous landscape provides a stunning backdrop, and at the same time, Montgat benefits from an excellent geographical location, with easy access to nearby cities, like Barcelona.
Exclusive Property Market in Montgat
The luxury property market in Montgat is steady, with a balance between supply and demand. Properties in Montgat are highly valued, especially in certain premium residential areas like Les Ginesteres and the center of Montgat. Montgat is well-known for its stable political and economic environment, which contributes to buyers' confidence in the real estate market.
Real Estate Commissions and Additional Costs
When buying a house in Montgat, both the buyer and seller typically pay a real estate commission. This commission varies, but the average is generally around 3-5%. Additional costs when buying a luxury house could include property transfer tax, real estate agent commissions, notary fees, and possible building inspection or legal costs.
Taxes in Montgat
Taxes in Montgat are in line with Spanish standards. The property transfer tax in Montgat is 10%. However, the wealth tax rate and other taxes should be consulted with a tax advisor according to the property in question.
Mortgage and Financing Requirements
Different banks in Spain have varying requirements to grant mortgages. Generally, the maximum amount that can be obtained for a mortgage is 80% of the purchase price or the property valuation, whichever is lower.
Location and Accessibility
Montgat offers an ideal lifestyle with its proximity to both the countryside and beaches, and also to the city of Barcelona, which is only 15km away. The city is well-connected by road and rail, making it easily accessible both locally and internationally with Barcelona-El Prat Airport only a 30-minute drive away.
Services and Amenities in Montgat
The city has several high-quality schools and is close to universities and recognized training centers in Barcelona. Montgat offers a myriad of outdoor activities such as surfing, cycling, and boating, and boasts luxury shops, quality restaurants, and a captivating nightlife.
For culture lovers, the host city runs annual events and has several museums and theaters. The public infrastructure is top-notch, and the city offers a wide range of services, including various hospitals and nearby clinics.
Living in Montgat offers a unique blend of history, modern luxury, and a serene environment, making this city an ideal destination for those seeking a luxury home.
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