Nestled in Luxembourg's northern region, Bivels is a quaint village with a rich historical background. Originally established as a strategic location during medieval times, it is surrounded by lush forests and the scenic Our River. The area is renowned for its ancient structures, including the nearby Vianden Castle, which draws visitors from across the globe. Geographically, Bivels is situated in the canton of Vianden and is easily accessible from various parts of Luxembourg and beyond.
Luxury Real Estate Market in Bivels
The exclusive property market in Bivels is currently stable, characterized by a consistent demand from international and local buyers seeking luxury homes in this tranquil area. Although supply is limited due to the village's small size and the preservation of its natural environment, the desire for exclusive properties remains strong. Buyers and sellers typically encounter real estate commissions that average around 3% each, with additional costs including notary fees and legal expenses. The transfer tax on private property acquisitions is 5%, and while there is no wealth tax specific to property, tax on capital gains for non-primary residences can apply.
Investing in Bivels: Considerations for Buyers
When purchasing a luxury home in Bivels, prospective buyers should account for transfer tax, realtor commissions, and potential inspection fees. Mortgage arrangements often require a substantial down payment, with lenders typically offering up to 80% of the home's value based on creditworthiness and income. The village's serene environment and exclusive properties are found predominantly in its picturesque outskirts, offering stunning views and privacy.
Living the Luxurious Lifestyle in Bivels
Bivels offers an idyllic setting with a mild climate and a landscape rich in forests and rivers, providing ample opportunities for outdoor activities like hiking and cycling. The area boasts high-end culinary experiences at establishments such as Hotel-Restaurant Victor Hugo and Auberge Aal Veinen. While Bivels itself is small, it is conveniently situated just 8 kilometers from the lively town of Vianden, offering additional amenities and attractions.
Accessibility and Infrastructure
Bivels is accessible via well-maintained roads connecting to major highways, though direct rail access is limited. The nearest major city is Luxembourg City, approximately 60 kilometers to the south, offering extensive services and amenities, including international flights from Luxembourg Airport. Public infrastructure in Bivels is continually improving, with amenities such as health services available in nearby towns like Vianden and Diekirch.
Cultural and Educational Opportunities
The village and its surrounding area are notable for cultural events like the Vianden Medieval Festival, attracting visitors annually. Educational opportunities are accessible, with schools in Vianden and higher educational institutions in Luxembourg City. Art enthusiasts will appreciate galleries and exhibitions in the region, while the local community prioritizes maintaining a harmonious balance between heritage and modern living standards.
In essence, Bivels presents an alluring option for those seeking a luxurious lifestyle within a serene and historically rich environment, making it an attractive place to invest in high-end real estate.
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