Alcalalí is a hidden charm on the Costa Blanca, located in a picturesque region of La Marina Alta, in the province of Alicante. With its roots firmly anchored in the history of Spain, this small town preserves an impressive historical legacy, with monuments such as the Church of San Juan Bautista and the Medieval Tower that date from the 16th century. Socially and geographically, it is an agriculturally-oriented town that settles in an almost flat valley between mountains, strategically located between two rivers, the Gorgos and the Xaló.
The Market and Economic Stability
The exclusive property market in Alcalalí is currently robust and stable, with demand optimally balancing the supply of luxury houses and apartments. However, buyers and sellers should take into account certain costs when acquiring a high-value property in this place, including a transfer tax, real estate agent commissions, notary fees, and possible building inspection or legal costs.
Taxes and Fees
The private property transfer tax in Alcalalí is 10% of the sale price, and in terms of wealth tax, Alcalalí adopts the general Spanish tax system, which is set state-wide, depending on net wealth. As for the tax on the profits of selling a house, it varies depending on whether the house is used as a primary residence or as a second/vacation home. For companies registered in Alcalalí, the corporate tax has been set in a statute at 25%.
Location and Connectivity
Alcalalí is a short drive away from the vibrant cities of Alicante and Valencia, which have both national and international airports. The town has excellent road access and can be reached via the AP-7 and Nacional 332.
Education and Lifestyle
The Alcalalí environment is characterized by its mountainous landscape and proximity to the coasts of the Mediterranean Sea. This blend of mountain and sea, together with a perfectly warm and gentle Mediterranean climate, offers endless sports opportunities and outdoor activities, from hiking to boating. The town also offers a wide range of luxurious shops, top-end hotels and high-quality restaurants, making Alcalalí an ideal destination for those seeking a luxurious and relaxed lifestyle.