Oliva, a hidden gem on the coast of the Valencian Community, is rich in history and culture. Considered a concealed treasure, Oliva is full of historical sites, such as Santa Ana Castle and Santa Maria la Mayor Church. Impressively located on the Mediterranean coast and at the foot of the Safor mountains, Oliva is nestled among orange trees of the homonym valley, adding a fresh touch of nature that its inhabitants adore.
Exclusive Property Market in Oliva
Currently, the exclusive property market in Oliva is strong, exceeding expectations due to the growing interest in the area. The demand for luxury houses and apartments greatly outstrips supply, as many seek a luxurious lifestyle in this charming coastal town. Despite global economic fluctuations, the economic and political situation in Oliva has remained stable, providing a safe atmosphere for real estate investment.
Costs of Acquiring Luxury Properties in Oliva
When buying a property in Oliva, various costs should be considered. The average real estate commission paid by a buyer is 5%, while the seller's commission is usually 3%. Additional costs may include transfer tax, notary fees, and potential construction inspection or legal costs. Furthermore, the property transfer tax in Oliva is 10%.
Property Related Taxes
The wealth tax on private property ownership in Oliva varies according to the property's value. On the other hand, if you sell a privately owned house or apartment used as your primary residence in Oliva, you do not have to pay taxes on the profits made. However, if the property is used as a second home, taxes must be paid.
Accessibility and Location of Oliva
Oliva is located in the province of Valencia, with a population of about 25,000 inhabitants. It is easily accessible by road and rail and is only 75 kilometers from the nearest city, Valencia. In addition, it is conveniently located within a short distance from Valencia and Alicante airports.
Attractions and Amenities in Oliva
Oliva offers a comfortable and peaceful environment with a mild Mediterranean climate. The city boasts wonderful natural sites, such as the Pego-Oliva Marsh Natural Park. If you enjoy sports, you can use the golf courses, hiking routes, and play water sports on local beaches.
Furthermore, Oliva provides a diverse range of boutique and luxury shops and houses several top-quality hotels and restaurants, such as the historic Hotel Playa Oliva and the renowned restaurant El Lloc. For cultural enthusiasts, Oliva features the Olympia Theater and the Oliva Ethnological Museum, to name just a few.
Services Available in Oliva
Regarding public infrastructure and service availability, Oliva is well equipped with modern hospitals and clinics, such as the Oliva Clinic, as well as several renowned schools and educational institutes.
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