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Nestled between the Mediterranean Sea and the Cévennes mountain range, Montpellier is a city with a rich historical and cultural heritage. This metropolis in the south of France was founded in the Middle Ages and retains impressive relics such as the Place de la Comédie, the Château de Flaugergues, and the majestic Saint Peter's Cathedral. The mild Mediterranean climate, with hot summers and moderate winters, attracts many residents and visitors each year. Home to about 300,000 inhabitants, Montpellier is a dynamic and growing city, known for its world-renowned university, the University of Montpellier.
A Dynamic Luxury Real Estate Market
The exclusive real estate market in Montpellier is currently strong, with high demand surpassing the supply of luxurious houses and apartments. This dynamism is part of a stable political and economic context, encouraging real estate investment. The most sought-after residential districts, such as Port Marianne, Les Beaux-Arts, and the historic center, captivate with their charm and proximity to amenities.
Costs Associated with Buying a Luxury Property
When purchasing a luxury home in Montpellier, it is crucial to consider several additional costs. Transfer taxes, representing about 5.8% of the purchase price, are added to notary fees, real estate commissions which can reach 5% of the sale price, and possible inspection fees. As for the real estate agent's commission, it is generally split between the buyer and the seller.
First-Class Access and Infrastructure
Montpellier enjoys excellent accessibility by road and rail, with direct connections to Paris and other major French cities. Just 10 km from Montpellier-Méditerranée airport, the city is also about 170 km from Marseille, the nearest major metropolis. The public infrastructure is well developed, providing easy access to modern amenities and health services such as the Montpellier University Hospital and the Clinique du Millénaire.
Education, Culture, and Luxurious Living
Montpellier's proximity to prestigious institutions such as the National Graduate School of Chemistry and the School of Fine Arts attracts families seeking quality education. The city is also a vibrant cultural hub with museums like the Fabre Museum, numerous theatres, and a calendar of cultural and sports events, including the International Extreme Sports Festival.
Art of Living in Montpellier
Living in Montpellier offers an exceptional lifestyle, with picturesque landscapes, nearby beaches, and numerous opportunities for sports and outdoor activities. For luxury enthusiasts, the city offers high-end boutiques, starred restaurants like Le Jardin des Sens, and an elegant nightlife. A place of history and modernity, Montpellier is a prime destination to acquire a luxury home and enjoy an incomparable Mediterranean lifestyle.