Nestled on the Mediterranean coast of Catalonia, Sitges is a city rich in history and culture, known for its vibrant nightlife, striking modernist architecture, and excellent climate. The city boasts a cosmopolitan ambiance, with its narrow, cobblestone streets that are rife with stately palaces and mansions harking back to its distinguished past. This coastal town enjoys a privileged location, just 40 kilometers southwest of Barcelona, offering a blend of city life, beach, and mountain.
Exclusive Real Estate Market in Sitges
The luxury real estate market in Sitges stands out for its robustness and stability in terms of demand and supply. Generally, the political and economic situation in Sitges is stable, fostering a healthy real estate market.
Additional Purchase Costs
When buying a property in Sitges, it's important to take into account additional costs, including the transfer tax (which varies depending on the property value), real estate agent commissions (around 3-5% of the sale price), notary fees, and possible inspection or legal costs.
Taxation and Finances
Sitges enforces a wealth tax and a corporate income tax for businesses registered in the city. There are also taxes on earnings obtained from the sale of a property, be it a primary residence or second home. The specific details of these taxes vary and should be consulted with a local tax advisor.
Mortgage Acquisition
Mortgage requirements for buying a house in Sitges largely depend on individual variables, but generally, Spanish banks provide up to 80% of the purchase price for residents and around 60-70% for non-residents.
Location and Accessibility of Sitges
Sitges is located in the prosperous province of Barcelona and offers easy access by road and rail. It is a short drive away from both international and domestic airports, including Barcelona Airport.
Living in Sitges
Residents of Sitges enjoy a range of sports and outdoor activity options, from golf and boating to hiking in the surrounding mountains. The city offers numerous luxury hotels, high-quality restaurants, and a selection of exclusive shops.
Events and Culture
Sitges is home to numerous cultural events, including the famous Fantastic Film Festival and the Sitges Carnival. It boasts a wide range of museums and galleries, such as the Maricel Museum and the Stämpfli Foundation.
Health and Public Services
Sitges has a good public infrastructure, including several high-quality hospitals and clinics in its vicinity, and a wide availability of public and private services.
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