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Unveiled in the heart of Geneva, Vandoeuvres is a charming municipality known for its rich history and remarkable architectural landmarks. Supplemented by its geographical location in the plain of the Lake of Geneva, its perfect positioning between the urban vibes and tranquil countryside has earned it quite a reputation among investors. The municipality is home to several historical sites such as the Vandoeuvres Reformed Church and the Château de l'Impératrice, all of which reflect the area's rich past. Today, Vandoeuvres has preserved this historical charm while incorporating modern luxury, making it an ideal place for the upscale property market.

Market Overview

At present, the exclusive property market in Vandoeuvres is stable. Demand for luxury homes and apartments aligns reasonably well with the current supply. This stability is in part due to the political and economic situation in Vandoeuvres, which remains secure and consistent. Notably, typical real estate commission for both buyers and sellers averages around 5% of the property's sales price.

Additional Costs of Buying Luxury Properties

In Vandoeuvres, the transfer tax on private property is around 3.3% of the transaction value. Other costs to consider include notary fees, realtor commissions, potential construction inspections, and legal costs. When owning property, keep in mind the wealth tax, which varies depending on the total value of the worldwide assets.

Tax Considerations

Vandoeuvres does not impose a tax on the profit made from selling a private home used as a main residence. However, profit made when selling a second/vacation home is subject to tax. The corporate tax for registered companies is 13.79%, while income tax for registered residents varies based on income level and marital status.

Mortgage Requirements

General mortgage requirements in Vandoeuvres state that individuals should have at least 20% of a home’s purchase price as a down payment. The maximum mortgage one can get is usually around 80% of the home's purchase price, subject to income requirements.

Prime Residential Areas and Accessibility

Vandoeuvres is peppered with exclusive residential areas, the most sought after being around the Vandoeuvres Golf Club and the ancient church. The municipality is well-connected by road and rail. Geneva, the nearest major city, is just around 6 kilometers away, while the international airports, Cointrin International Airport and Annecy Airport, are within 15 kilometers.

Education & Healthcare

Public and private education is readily available with institutions such as the College and School Vandoeuvres and International School of Geneva in the vicinity. For healthcare, the nearest hospitals are Geneva University Hospitals and La Tour Hospital.

Leisure and Recreation

Sitting within the canton of Geneva, Vandoeuvres is an abode to about 2,500 residents. It is known for its picturesque plains and a temperate climate. Boasting of luxury lifestyle shops like Bucherer and the farmers market, its leisure quotient is high. In terms of sports and outdoor activities, golf and equestrian sports are popular. There's no shortage of fine-dining options, with restaurants like Les Trois Verres and Auberge Communale de Vandoeuvres leading the way. In terms of annual cultural events, the Vandoeuvres Classical Music Festival is a notable event. For art enthusiasts, nearby galleries and theaters such as the Geneva Opera House are a must-visit.

Public Infrastructure

Public infrastructure in Vandoeuvres is well-maintained, providing the residents with necessary amenities for a comfortable living. The municipality is home to public libraries and a responsive local government that ensures the welfare of residents.