Salines - Monforte del Cid - Hondón De Las Nieves

Monóvar/Monóver is a gem of the Province of Alicante, with a rich history spanning centuries, marked by impressive historical monuments such as the Church of San Juan Bautista and the Clock Tower. Located in the heart of the Vall d'Alcalá, it offers panoramic views of the surrounding valleys and mountains. With easy access through major highways and train lines, this fascinating city is a canvas of luxurious lifestyle and sophisticated culture.

Market for Exclusive Properties in Monóvar/Monóver

The luxury real estate market in Monóvar/Monóver is stable and constantly growing. Demand is high for luxury homes, with a healthy balance of supply available to meet the needs of the most discerning buyers. The average real estate commission ranges between 3% and 5% on purchases-sales.

Additional Costs When Buying a Luxury Home

When buying a house in Monóvar/Monóver, it's important to consider additional costs like the 10% transfer tax, real estate agent commissions, notary fees, and possible building inspection and legal costs. The private property tax in Monóvar/Monóver varies, but is less than 2%, while the transfer tax is 10%. Note that taxes must be paid on the profits obtained when selling a privately-owned property, whether used as a main residence or second home.

Mortgage Requirements and Luxury Residential Areas in Monóvar/Monóver

Banks will typically lend up to 80% of the purchase price in Monóvar/Monóver, with some factors being the ratio between domestic and foreign capital and income requirements. The most expensive and sought-after areas for luxury homes in Monóvar/Monóver include the city center and surrounding areas, known for their stunning views and proximity to schools, shops, and restaurants.

Living in Monóvar/Monóver

Monóvar/Monóver offers a blend of natural beauty and modern infrastructure. Its landscape consists of mountains, valleys, and rivers, with a Mediterranean climate that allows for outdoor activities practically all year round. The city hosts luxury shops, hotels, high-end restaurants, and elegant nightlife. It has renowned educational establishments and nearby medical care centers. Cultural and sports activities are a constant in the region. Residents enjoy museums, galleries, theaters, and a solid infrastructure that makes life in Monóvar/Monóver a premium experience.