San Miguel De Salinas is a place full of history, located in the province of Alicante, and known for its privileged position on the Costa Blanca. This picturesque village in the Valencian Community, is famous for its medieval castle, exceptional geographical situation, and beautiful historic churches. Nestled in the mountains, it enjoys panoramic views from the beaches of Guardamar to the Salinas of Torrevieja.
Real Estate Market in San Miguel De Salinas
The current market for exclusive properties in San Miguel De Salinas is strong and stable, reflecting the economic boom of the region. The demand for luxury houses and apartments exceeds supply, indicating that it is a good time to invest.
Taxes and Fees
The property transfer tax in San Miguel De Salinas is 10%. In addition, buyers should take into account costs such as real estate agent commissions, notary fees, and possible building inspection or legal fees. The average commission a buyer pays is 5% to 7%. Also, the commission a seller pays after the sale of a house varies between 5% and 7%, depending on the property's value. The Wealth Tax for private properties is around 0.2% to 2.5%, depending on the net value of the assets.
Living in San Miguel De Salinas
San Miguel De Salinas is only a 20-minute drive from the city of Alicante. The most exclusive residential areas include Balcon de la Costa Blanca and Ciudad de las Comunicaciones. Road and rail accessibility is excellent, with the AP-7 highway and Alicante-Murcia railway. As for education, it has high-level local schools, and is within a short distance of the universities of Alicante and Murcia.
Residents and visitors enjoy a wide range of outdoor activities thanks to the wonderful Mediterranean climate. San Miguel De Salinas is famous for its luxury shops and high-end restaurants, in addition to a vibrant nightlife. Annual events include the medieval festival and April Fair, not to forget the excellent cultural offering with theaters and museums such as the Museo del Mar.
Infrastructure and Services
San Miguel De Salinas has excellent public infrastructure and a wide range of services, including the University Hospital of Torrevieja and the Marazuela Clinic. In conclusion, living in San Miguel De Salinas offers the opportunity to enjoy a luxury lifestyle in a wonderful setting, making this place a paradise for those looking for a luxury home on the Costa Blanca.