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Toulon, a port city in the south of France, is rich in history and home to impressive architectural sites, such as the Saint-Louis Church and the Royal Tower from the Middle Ages. Situated between the Mediterranean Sea and Mont Faron, it boasts an exceptional natural setting, perfect for lovers of coastal landscapes and mountain hiking. The city is also an important naval base, which has shaped its economic and urban development over the centuries. Thanks to its prime location close to Provence and the French Riviera, Toulon seamlessly combines historical heritage, natural beauty, and dynamic cultural life.
Luxury Real Estate Market in Toulon
The exclusive real estate market in Toulon is currently stable, with demand often surpassing supply for luxury houses and apartments. The most sought-after neighborhoods include Le Mourillon and Cap Brun, where properties enjoy stunning sea views. Interest in luxury properties remains high, ensuring a stable market value in this region.
Costs Associated with Buying Luxury Properties
When purchasing a luxury home in Toulon, buyers need to consider several additional costs. Transfer taxes amount to about 5.8% of the purchase price, while notary fees typically range between 2 to 3%. Real estate commissions are around 5% for the seller, but it's good to check current practices with local agencies. For primary residences, there is no tax on resale profits, but secondary residences may be subject to capital gains tax.
Accessibility and Local Amenities
Toulon is ideally accessible, about an hour's drive from Marseille, the nearest major city. The city is well-served by the French rail network, with regular connections to Paris and the French Riviera. Toulon-Hyères Airport, about 30 minutes away, offers both domestic and international flights, completing the ideal setting for luxury residents. Toulon is also home to several well-regarded schools, including the International School of Provence and the University of Toulon.
Lifestyle and Luxury Entertainment
The city offers a wide range of sports and outdoor activities, such as sailing, diving, and golf. Toulon is also known for its luxury boutiques, with prestigious brands present in the city center. Renowned establishments include the Grand Hôtel Dauphiné and starred restaurants such as Les Pins Penchés. For a touch of culture, the Toulon Art Museum and Toulon Opera are must-see venues. Annual events such as the Toulon Sails and music festivals further enhance the charm of living in this exceptional coastal city.
Infrastructure and Services in Toulon
Public infrastructure in Toulon is well-developed, with modern hospitals and clinics like the Sainte-Musse Hospital ensuring quick access to medical services. The public transport network, consisting of buses and ferries, facilitates transportation within the city. In terms of the environment, the Mediterranean climate ensures hot summers and mild winters, pleasing for those seeking a sunny lifestyle by the Mediterranean Sea.
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