Crevillent - Monforte del Cid - Hondón De Las Nieves

**Located in the province of Alicante, in the Valencian Community, Elche is a city rich in history and culture. Known for its famous Palm Grove, a UNESCO World Heritage Site, Elche offers a unique natural environment that complements its impressive historical monuments, such as the Basilica of Santa María. The city is well connected by road and rail, making it easy to access nearby destinations. Just 20 kilometers from the vibrant city of Alicante and about 15 minutes from Alicante-Elche Airport, Elche's location is ideal for both business and leisure.** **Luxury Property Market in Elche** Currently, the luxury real estate market in Elche is stable, showing a balance between supply and demand. The most expensive and sought-after residential areas include Urbanova and La Hoya, where luxury homes predominate. The demand for exclusive homes remains high, but the inventory is limited, which keeps prices firm and competitive. **Economic and Political Aspects** Elche's political and economic situation is stable, providing a safe environment for long-term real estate investments. The cost of buying a luxury property in Elche includes a 10% transfer tax, notary fees, and possible legal costs. The average commission for the buyer and seller when acquiring or selling a property usually ranges around 3% to 5% of the transaction value. Additionally, profits obtained from selling a property not used as a primary residence are subject to capital gains tax. **Accessibility and Education** Elche is easily accessible by road via the A-7 and N-340, and it has a train station that connects to important areas of the region. In terms of education, Elche is home to the Miguel Hernández University, recognized for its academic quality, and several prestigious international schools. **Quality of Life and Entertainment** Elche offers a pleasant Mediterranean climate with warm summers and mild winters. The city and its surroundings are ideal for outdoor activities, such as hiking in the El Hondo Natural Park and water sports near Santa Pola. For luxury shopping, downtown Elche features elegant boutiques and renowned stores. In terms of dining, restaurants like La Finca, which has been awarded a Michelin star, offer exceptional culinary experiences. **Culture and Events** Elche is famous for its annual cultural festivals and sports events, such as the Misteri d'Elx, also a UNESCO World Heritage Site. Visitors can enjoy notable museums like the MAHE (Archaeological and History Museum of Elche) and the Palm Museum. The city also boasts excellent hospitals and clinics, such as the Elche University General Hospital, ensuring quality healthcare. **Infrastructure and Public Services** The public infrastructure in Elche is modern and efficient, with high-quality services that include reliable public transport, a high-level education system, and advanced healthcare. All of this makes Elche an attractive place to live and invest in luxury properties.