Rotterdam, the second largest city in the Netherlands, boasts a rich history dating back to the 13th century. Its maritime heritage is reflected in the impressive port area, and its historical sites provide a lively counterbalance to the modern architecture. With a prime location on the river Maas and near the North Sea, Rotterdam offers a unique combination of city and water. The dynamic character and innovative energy of this modernized port city continually attract more people looking for an exclusive lifestyle.
The Luxury Housing Market in Rotterdam
The existing exclusive real estate market in Rotterdam is steady and strong, driven by consistent demand and a continuous supply of high-quality properties. Downtown luxury apartments and houses, or those near water, are especially desirable, with neighborhoods such as Kralingen, Hillegersberg, and Scheepvaartkwartier as some of the top locations.
Financial Considerations
When buying a luxury home or apartment in Rotterdam, additional costs need to be factored in. This includes property tax, real estate agents' fees, notary costs, and possible architectural inspection or attorney fees. Current property tax for private properties in Rotterdam is 2%. Real estate agency fees vary but are typically between 1.5% and 2% of the purchase price.
In terms of taxes, wealth tax is levied on owning a home in Rotterdam, but the exact tax rate depends on various factors. Profit made from selling a property that is used as a main residence is usually tax-free, but the sale of a second property or vacation home could be taxed differently.
Living in Rotterdam
Rotterdam, located in the province of South Holland, has about 650,000 inhabitants. The city is characterized by its diverse natural settings, including city parks, the river Maas, and nearby beaches and forests. Its climate is moderate maritime, with average temperatures ranging from 3°C in the winter to 22°C in the summer.
In terms of education, Rotterdam offers a range of options with various elementary schools, high schools, universities such as Erasmus University, and higher education institutions like Rotterdam University of Applied Sciences.
Cultural Attractions and Lifestyle in Rotterdam
Rotterdam's cultural and lifestyle offerings are very diverse and rich. There are numerous museums, such as the Boijmans Van Beuningen, the Kunsthal, and the Maritime Museum. Additionally, the city hosts a range of yearly events from the International Film Festival Rotterdam to the Rotterdam Marathon.
For an upscale lifestyle, Rotterdam provides a variety of high-end shops, such as those lining Van Oldenbarneveltstraat and Meent. Renowned restaurants include FG Restaurant, Restaurant Parkheuvel, and The Harbour Club Rotterdam.
The city's public infrastructure is excellent, with a comprehensive network of trams, buses, and subway lines. Furthermore, Rotterdam features several healthcare facilities, including Erasmus MC, Maasstad Hospital, and Ikazia Hospital.
In conclusion, the living climate in Rotterdam is extremely attractive for those looking for a combination of urban dynamism, cultural richness, and residential comfort. Rotterdam has emerged as a leading destination for the exclusive housing market.
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