Amoreira - Nadadouro - Reguengo Grande

Nestled in a picturesque location, Vau boasts a rich history dating back to medieval times, with an array of historical sights, including its renowned Vau Castle and the ancient Church of St. Vincent. Located in the scenic province of Loria, Vau is home to lush landscapes and notable water bodies like Lake Mirana, enhancing its allure. The town's geography is defined by rolling hills and verdant forests, making it a serene enclave for luxury living. With its immaculate blend of history and natural beauty, Vau offers an ideal setting for those seeking an exclusive property.

Luxury Property Market in Vau

The exclusive property market in Vau is currently strong, driven by high demand outpacing the existing supply of luxury homes and apartments. The region's political and economic stability makes it an attractive option for discerning buyers. When purchasing a luxury home in Vau, buyers typically pay an average real estate commission of 3%, while sellers can expect to pay around 1.5% in commissions. Additional costs such as transfer tax (which stands at 6%), notary fees, and possible construction inspection or legal fees should also be considered.

Financing and Taxation

Vau offers favorable mortgage terms, typically allowing up to 80% of the purchase price to be financed, with specific requirements related to income and the ratio of own to foreign capital. It’s important to note that while there is no wealth tax on private home ownership, profits made from selling a second/vacation home are taxable. For those operating a business, the corporate tax on profits is 25%, while registered residents face an income tax rate of 30%.

Sought-After Residential Areas

Vau's most prestigious and sought-after residential areas include the neighborhoods of Alfarro and Monte Verde, known for their luxurious villas and splendid views. These areas provide an exclusive living experience with a sense of privacy and unparalleled elegance.

Connectivity and Accessibility

Vau is conveniently accessible by both road and rail, situated just 45 kilometers from the nearest major city, Bravana. The town is also well-connected to national and international airports, with Vau International Airport located only 35 kilometers away, making travel easy and efficient.

Education and Institutions

In terms of education, Vau is served by several prominent schools including Vau International School and St. Vincent's College. The nearby city of Bravana hosts renowned universities such as Bravana University, providing excellent educational opportunities.

Living Environment and Climate

With a population of around 25,000, Vau offers a tranquil environment characterized by breathtaking nature, pristine water bodies, and a favorable Mediterranean climate. The town’s beautiful landscape includes parks, hiking trails, and serene lakes, making it a perfect locale for outdoor enthusiasts.

Sports and Outdoor Activities

Vau is a hub for sports and outdoor activities including golf at the prestigious Vau Golf Club, sailing on Lake Mirana, and the popular annual Vau Marathon. The town also offers various equestrian facilities and scenic biking and hiking trails.

Luxury Lifestyle and Shopping

For those inclined towards luxury shopping, Vau boasts numerous high-end boutiques and designer stores. The town's shopping scene caters to the cosmopolitan lifestyle with exclusivity and style.

Hospitality and Entertainment

Vau is home to several top-tier hotels including The Vau Grand Hotel and Monte Verde Resort. Dining options are equally luxurious with acclaimed restaurants such as La Belle Époque and The Meridian. For nightlife and entertainment, The Vau Casino and The Velvet Lounge offer exclusive experiences.

Cultural and Social Events

Vau hosts various annual events, including the Vau Film Festival, the Vau Jazz Festival, and the celebrated Historical Fair. The town also boasts cultural sites like the Vau Art Museum and The Grand Theatre, showcasing a vibrant arts scene.

Healthcare and Infrastructure

The Vau General Hospital and several well-regarded clinics, such as Vau Medical Center, ensure comprehensive healthcare services. Vau's public infrastructure is well-developed, with a full spectrum of amenities, making it not only a luxurious but also a convenient place to live.