Lying at the foot of the mountains, the town of Arona on Lake Maggiore weaves centuries of history and nature into a stunning tapestry of luxurious living. Founded in the Roman era, Arona boasts an abundance of historical landmarks, such as the Rocca di Arona and the towering statue of San Carlone. Nestled in the Italian province of Piedmont, Arona is not just a vein of natural and architectural beauty, but also a nerve center for the high-end real estate market. Burgeoning with the charm of scenic views, idyllic weather, and a luxury lifestyle, Arona offers an exclusive living experience.
Exclusive Property Market in Arona
The premium property market in Arona has always been stable, with a steady demand for luxury homes and apartments. Undeterred by external factors, this market resilience makes it an ideal location for savvy real estate investors.
Tax and Commission in Arona's Real Estate
In Arona, the average real estate commission paid by both the buyer and seller ranges around six to seven percent. However, additional costs such as transfer tax, notary expenses and potential inspection or legal fees should be considered. The transfer tax on private property in Arona is proportional to the declared value of the property. It is beneficial to note that the wealth tax on private ownership varies depending on the value of the property.
Capital and Income Requirements
In terms of mortgage, one would require a precise ratio between equity and external capital to buy a house in Arona. Usually, a prospective buyer can get a mortgage of up to 60% to 70% on the purchase price.
Life in Arona
Arona’s most exclusive residential areas lie along the lush green mountain slopes overlooking the quaint lake. Accessibility to Arona is effortless, thanks to well-maintained roads and rail networks. The town is 80-90 km from the bustling city of Milan and closer to the Malpensa International airport, encouraging comfortable commuting for residents.
In regards to education, Arona houses multiple esteemed institutions like the International School of Como and several universities. The area's picturesque landscape offers an idyllic setting for outdoor sporting activities like sailing, trekking, and tennis.
Luxury Lifestyle in Arona
The illustrious town of Arona is an embodiment of splendid lifestyle. Trendy boutiques, well-stocked wine cellars, and gourmet eateries give the residents a taste of luxurious living. The town also houses high-end hotels such as Hotel Giardino, the famed Restaurant Al Monastero and nightlife hotspots contributing to an opulent lifestyle.
Cultural Events and Amenities
A hub of cultural, historical and sporting events, Arona's annual calendar features several recurring attractions including the renown Arona Jazz Festival. Its rich cultural fabric is woven at places like the Contemporary Art Museum of Lissone, adding depth to Arona’s charm.
The town is equipped with top-tier hospitals including San Carlo Borromeo Hospital and a robust public infrastructure, ensuring a comfortable lifestyle for its approximately 15,000 inhabitants.
Natural Beauty & Climate
Engulfed in picture-perfect landscapes, Arona is a marvel of nature with the mesmerizing Lake Maggiore and picturesque mountains. Its climate is primarily warm and temperate, making it an alluring prospect for those who appreciate outdoor living.
In summary, the town of Arona, fusing luxury living with an enriching historical, cultural and natural backdrop, presents an attractive opportunity for a premium lifestyle and promising real estate investments.
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