Finsterwolde - Diever - Vledder

The Exclusive Real Estate Market of Nieuw-Buinen

The current exclusive real estate market in Nieuw-Buinen is stable. The supply and demand for luxury homes and apartments are well balanced. With a stable political and economic situation, Nieuw-Buinen offers a safe and appealing environment for real estate investments.

Costs When Purchasing a Luxury Property

When purchasing a luxury property in Nieuw-Buinen, additional costs should be taken into consideration. These can include transfer tax (2% of the purchase price), brokerage commission (averaging 1.5% for the buyer and 2% for the seller), notary fees, and possibly building inspection costs or attorney fees. Wealth tax on a home in Nieuw-Buinen ranges from 0.61% to 1.61% of the home's value, depending on the total assets of the owner.

Tax on Real Estate Sales Profit

In the Netherlands, no tax is levied on the profit from the sale of your primary residence. However, for a second home, such as a vacation home, value is taxed in box 3 of the income tax. The business tax amounts to 15% - 25%, depending on the taxable amount. Income tax for residents varies between 37.10% and 49.50% in 2021.

Mortgage for a Home in Nieuw-Buinen

The general mortgage requirements in Nieuw-Buinen are in line with Dutch standards. The maximum mortgage depends on your income and the value of the house, but is usually no more than 100% of the value of the house.

High-end Residential Areas and Accessibility

Nieuw-Buinen does not have specific luxury residential areas, given the village is relatively small. The accessibility of Nieuw-Buinen is good, with nearby road connections towards Emmen and Groningen. The nearest major city is Groningen, about a 45-minute drive away. The nearest airport is Groningen Airport Eelde, about a 30-minute drive away.

Local Amenities and Lifestyle

Nieuw-Buinen, located in the province of Drenthe, has approximately 5,000 inhabitants. It is positioned in a lush landscape, next to forests, heathlands, and lakes. Outdoor activities in the area include hiking, biking, and water sports. The shops in Nieuw-Buinen offer a mix of luxury lifestyle products. In terms of culinary experience, there are no prominent high-quality restaurants or hotels in Nieuw-Buinen, but they can be found in nearby cities such as Groningen. The climate in Nieuw-Buinen is moderate, with mild summers and cool winters. The health infrastructure in the region is strong, with several hospitals and clinics in the vicinity. Cultural attractions include various museums such as the Keramisch Museum Goedewaagen. Moreover, the annual Nieuw-Buinen Summer Festival attracts visitors from across Drenthe.