Millingen aan de Rijn, located in the province of Gelderland, has a rich history dating back to Roman times. The village lies on the banks of the Rhine and features several historical attractions, including the St. Anthony of Padua Church and old mills that adorn the landscape. Its geographical location near the German border makes it a unique and picturesque spot, perfect for those who enjoy a peaceful, rural setting. Millingen aan de Rijn is surrounded by beautiful natural areas such as the De Gelderse Poort National Park.
The Luxury Housing Market in Millingen aan de Rijn
The exclusive housing market in Millingen aan de Rijn is stable, thanks to the growing interest from both national and international buyers. There is a limited supply of luxury homes and apartments, while the demand for these properties is steadily growing. This scarcity ensures that property prices remain buoyant.
Political and Economic Stability
Millingen aan de Rijn enjoys a stable political and economic situation. This provides a favorable environment for investors and buyers of luxury real estate, contributing to a trustworthy market.
Real Estate Agent Fees and Other Purchase Costs
When buying a house in Millingen aan de Rijn, you should consider an average real estate agent commission of around 1% to 2% of the purchase price, for both buyers and sellers. Additionally, there are extra costs such as the transfer tax, which is currently 2% for private residences. Other costs include notary fees and any inspection costs.
Housing and Income Taxes
The wealth tax for privately owned houses depends on the owner's total assets. There is no tax on the profit when selling a house used as the main residence. When selling a second/vacation home, tax on the profit may be due. Income tax for residents varies but is generally around 37.07% for incomes up to €69,398 and 49.5% for higher incomes.
Mortgage Requirements and Financing Options
Buyers in Millingen aan de Rijn typically need to make a down payment of about 20% of the purchase price, depending on the lender. The maximum mortgage that can be obtained is often 100% of the property's market value, provided income requirements are met.
Desirable Neighborhoods and Accessibility
The most sought-after neighborhoods in Millingen aan de Rijn for luxury homes include the area around the Rijndijk and the town center. Accessibility is excellent; Nijmegen can be reached by car within 20 minutes, and national and international flights are available from airports such as Weeze or Schiphol, located at 50 and 120 kilometers away, respectively.
Education and Healthcare
Important educational institutions in the area include the Liemers College and the Dominicos College in Nijmegen. Healthcare facilities are provided by nearby hospitals such as Radboudumc in Nijmegen.
Nature, Sports, and Leisure
The area surrounding Millingen aan de Rijn is rich in nature, with beautiful rivers, floodplains, and forests. Water and outdoor sports activities are popular, with clubs like the Millingerwaard for hiking and cycling. For luxury shopping and gourmet experiences, renowned restaurants like 't Spijker in Beek can be found nearby.
Culture and Events
Annual events include the Millings Midzomer Festival and the Rijnfesten. While Millingen itself doesn't have large museums, museums like the Valkhof Museum in Nijmegen offer art and culture.
Infrastructure and Amenities
The public infrastructure in Millingen aan de Rijn is well developed, with sufficient amenities and a safe living environment. This makes it an attractive location for luxury living, amidst culture, history, and nature.
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