El Albir - Alfaz Del Pi - L'Alfàs del Pi

Located in the province of Alicante, Albir is a gem of the Costa Blanca with a rich history dating back to Roman times, which can still be appreciated in its archaeological park of the ancient city of L'Albir. Overlooking the imposing Sierra Helada and bordered by the turquoise waters of the Mediterranean, it is a paradise for those seeking a unique blend of culture, history, and natural beauty. Moreover, its privileged location makes it especially accessible from Alicicante, with excellent road and train connections.

Luxury Real Estate Market in Albir

The real estate market in Albir can currently be described as strong and stable, with demand similar to the supply of luxury homes and apartments. Albir enjoys a stable political and economic situation making it a safe place to invest in real estate.

Costs of Buying a Property in Albir

Additional costs when buying a property in Albir include taxes such as the transfer tax, which is 10% of the purchase price, and the wealth tax, which varies depending on the value of the property and can go up to 2.5%. Real estate commissions for buyers in Albir are included in the sale price, while sellers pay a commission generally ranging between 3% and 5% of the selling price. Notary costs and possible building inspection costs should also be considered. Sellers should keep in mind that profits obtained when selling a house are subject to tax. However, there is no capital gains tax if it is used as a main residence.

Mortgage Requirements in Albir

Mortgage applicants in Albir must demonstrate sufficient income to cover the monthly mortgage payments. Generally, up to 70% of the purchase price can be obtained with a mortgage in Albir.

Luxury Residences in Albir

Albir is renowned for exquisite areas like El Oasis, where you can find beautiful luxury homes with extraordinary views of the Mediterranean Sea.

Accessibility and Attractions in Albir

Albir is only 10km away from Benidorm, the nearest major town, and just 60km from Alicante International Airport. Residents enjoy a wide range of services and attractions, from international schools to a variety of luxury shops. For outdoor activity enthusiasts, Albir offers water sports, hiking in the Sierra Helada, and golf in the nearby area. Culture lovers will appreciate its vibrant arts scene, with the famous Albir Lighthouse and proximity to vibrant Benidorm. The weather is friendly all year round, with an average annual temperature of 18°C.

Culture and Life in Albir

Nightlife is lively with elegant restaurants, bars and nightclubs, and the Mediterranean Casino. Added to this is the existence of the House of Culture, the annual film festival, and other cultural and sports events.

Health Services in Albir

Albir has excellent health service with several hospitals and clinics in the region such as Clinica Benidorm and Hospital Marina Baixa. Public infrastructure and services such as water, electricity, internet, and telephony are of high quality and equally accessible.