Wincrange - Hachiville - Troisvierges

Boevange is a charming locality situated in Luxembourg, known for its rich history and stunning landscapes. It is located in the canton of Mersch, within the central region of the country. The community boasts several historical sights, including the beautiful Church of St. Martin, which dates back several centuries, offering a glimpse into its cultural heritage. Surrounded by lush greenery and serene natural beauty, Boevange is a haven for those seeking a tranquil yet connected lifestyle.

Exclusive Property Market Overview

The exclusive property market in Boevange is currently strong, characterized by high demand outweighing the supply of luxury homes and apartments. This robust market environment makes it an attractive time for investment, offering significant potential for value appreciation. The political and economic situation in Boevange is stable, further bolstering confidence among property buyers. Luxury homes are particularly sought after in areas that offer panoramic views and close proximity to Luxembourg City, which is approximately 20 kilometers away.

Additional Costs and Real Estate Commissions

When buying a luxury home or apartment in Boevange, it is essential to factor in additional costs beyond the purchase price. These include a transfer tax, which is typically 7% on private property, real estate commissions, notary fees, and potential inspection or legal costs. Real estate commissions are usually around 3% for buyers and 3% for sellers, each on the sale price of the property. Additionally, legal and notarial fees could add another few percent to your budget considerations.

Taxation and Financial Considerations

There is no wealth tax on the private ownership of a house in Boevange. However, if you sell a second or vacation home, you are subject to capital gains tax on the profit. For residents of Boevange, the income tax is progressive, with rates that can be confirmed through local tax authorities. Corporate tax on profits is approximately 24.94% for registered companies. Mortgage requirements typically demand a sufficient ratio between own and foreign capital, often requiring a down payment of 20% to 30% of the property’s purchase price.

Luxury Lifestyle and Amenities

Boevange offers a diverse range of luxury lifestyle amenities, including high-end boutiques and fine dining experiences. Notable hotels and acclaimed restaurants provide exquisite options for dining and relaxation. The area boasts excellent accessibility, with well-developed road networks connecting Boevange to major highways. The nearest major city, Luxembourg City, can be reached in under 30 minutes by car, while Luxembourg Airport is also conveniently accessible.

Education and Healthcare

The locality is well-served with educational institutions, including reputable schools that cater to various educational needs. In terms of healthcare, Boevange is in proximity to several top-tier hospitals and clinics, ensuring residents have access to quality medical care. The state of public infrastructure is commendable, with reliable utilities and services enhancing the community’s overall appeal.

Recreation and Culture

Nature enthusiasts can indulge in various outdoor activities, such as hiking and cycling, amidst the picturesque landscapes surrounding Boevange. The climate is typically mild, offering an inviting environment for year-round exploration. Cultural attractions in and around Boevange include museums and theaters that celebrate artistic and cultural heritage. The community also hosts annual events, adding vibrancy to its cultural tapestry. Whether you are drawn by Boevange's luxurious residential offerings, its serene environment, or its strong sense of community, living here is a unique experience that blends luxury with an exceptional quality of life.