Sittard is located in the extreme south of the Netherlands, in the province of Limburg, and boasts a rich history dating back over 1000 years. The city, which played a significant role during the Middle Ages, features various historical landmarks such as the Saint Michael's Church and the old city walls. Geographically, Sittard is advantageously situated near the German and Belgian borders, making it a strategic and attractive location. The green and hilly surroundings also contribute to a pleasant and luxurious living environment.
Strong Exclusive Housing Market in Sittard
The exclusive housing market in Sittard is currently strong, with significant demand for luxury houses and apartments. Although the supply is limited, continuous interest ensures a stable market, making it an attractive investment for potential buyers.
Stable Political and Economic Situation
The political and economic situation in Sittard is stable, contributing to a reliable environment for real estate investments. This stability provides assurance for both buyers and sellers in the luxury housing market.
Brokerage Fees and Other Additional Costs
The average brokerage fee for buyers and sellers in Sittard typically ranges between 1% and 2% of the purchase price. On top of the asking price, potential buyers should consider additional costs such as transfer tax (2%), notary fees, and any expenses for building inspections.
Taxes on Purchase and Sale
When purchasing private real estate in Sittard, one pays 2% transfer tax. There is no wealth tax on owning a home, but the profit is taxed upon selling a second/vacation home. The corporate tax on profits for registered businesses is 25%, while income tax for residents ranges from 37.07% in bracket 1 to 49.50% in bracket 2.
Mortgage Requirements and Financing Options
The mortgage requirements for buying a home in Sittard usually stipulate a ratio between equity and borrowed capital in line with national standards, with strict income verification. It is possible to finance up to 100% of the purchase price, depending on individual creditworthiness.
Desirable Residential Areas
The most luxurious and desirable residential areas in Sittard are Kollenberg, Ophoven, and Limbrichterveld. These neighborhoods offer exclusive homes with spacious plots and luxurious finishes.
Accessibility and Nearest Large Cities
Sittard is well-connected via the A2 and A76 highways and has a centrally located train station. Maastricht, the nearest large city, is only 25 kilometers away.
Nearby National and International Airports
Sittard is approximately 20 kilometers from Maastricht Aachen Airport and about 75 kilometers from Düsseldorf International Airport.
Educational Institutions in the Area
The area surrounding Sittard houses several prominent educational institutions such as Trevianum Scholengroep and Zuyd University of Applied Sciences.
Province and Population
Sittard is situated in the province of Limburg and has approximately 37,000 inhabitants.
Nature and Landscape
The surrounding nature of Sittard is green and hilly, with beautiful landscapes and forests, ideal for hiking and cycling.
Climate
Sittard has a temperate maritime climate, with mild winters and pleasant summers.
Sport and Outdoor Activities
Sports enthusiasts can visit SV Maurits and Sportpark Glanerbrook, where various sports facilities are available.
Luxury Lifestyle Stores
Sittard offers luxury lifestyle stores in the city center, such as fashion boutique L’Amie Mode and jewelry store Juwelier Paul van Zeeland.
High-Quality Hotels and Restaurants
For stylish stays and dining, there are the exclusive Hotel Merici and the high-end restaurant Da Vinci.
Annual Events
Sittard is known for its historic, cultural, and sporting events, such as the Sint Rosa fair and the Sittard rally.
Art and Culture
Important cultural hotspots include Museum De Domijnen and the Toon Hermans Theatre.
Hospitals and Clinics
Healthcare in Sittard is provided by Zuyderland Medical Center and various specialized clinics.
Infrastructure and Amenities
The public infrastructure and amenities in Sittard are excellent, with well-maintained roads, modern sports facilities, and extensive healthcare and educational services.