Anchored in history and surrounded by stunning natural beauty, Alfaz del Pi is a rich mosaic of historical charm and contemporary sophistication. Founded in 1786, the town is renowned for its beautiful old town, with its exquisite architecture and cobblestone streets brimming with history. It is located in the province of Alicante, in the Valencian Community, on the east coast of Spain. It offers panoramic views of the Mediterranean Sea and the Sierra Helada mountain.
Exclusive Property Market
The current market for exclusive properties in Alfaz del Pi is strong and stable. Despite fluctuations in the global economy, demand for luxury homes and apartments in Alfaz del Pi continues to outstrip supply. The local political and economic situation is equally stable, creating a safe and prosperous environment for investment in real estate.
Home Buying Costs
When buying a luxury home in Alfaz del Pi, a buyer can expect to pay an average real estate commission of around 4-7%. Sellers, on the other hand, typically pay between 3-6%. In addition, a transfer tax of 10% can be expected. Buyers should also take into account potential costs such as notary fees, building inspections, and possible legal costs.
Taxes and Fees
In Alfaz del Pi, wealth tax is around 2.5%, while income tax for registered residents is between 19-47%, depending on income level. Profits from selling a privately owned house or apartment will vary depending on whether the property is used as the main residence or second home. As for corporate earnings tax, it stands at around 25%.
Premium Locations and Accessibility
The most sought-after residential areas in Alfaz del Pi include exclusive corners like the elegant Alfaz del Sol neighborhood and the panoramic views offered by Sierra Helada mountain. Alfaz del Pi is well connected by road and rail, only 56 km from the vibrant city of Alicante and a little over an hour from Alicante-Elche International Airport.
Education and Infrastructure
The town boasts a number of prestigious schools and education institutions, providing high-quality education. The state of public infrastructure is exceptional, with regular and reliable access to essential services.
Luxurious Lifestyle
With a population of over 20,000, Alfaz del Pi offers a serene and luxurious lifestyle surrounded by nature, water, and beautiful landscapes. The climate is mild with warm, dry summers and mild winters. The town hosts a variety of luxury shops and boasts a vibrant nightlife with numerous top-tier restaurants and bars. The well-known Mediterráneo Casino offers a night of elegant entertainment. Among the famous annual events are the open-air summer cinema and the popular Christmas fair.
Culture and Wellness
Culture enthusiasts will enjoy the numerous museums and galleries, including the famous Villa Romana Museum in L'Albir. For wellness, there are several nearby clinics and hospitals, all easily accessible and with exceptional service. Living in Alfaz del Pi means enjoying luxury in a safe and beautiful setting.
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