Located in the province of Alicante, Mutxamel is a charming town rich in history and cultural heritage. Famous for its historic architecture and its restored watermill, the city has preserved its essence throughout the years. Moreover, its geographical location is ideal, as it is situated between the mountain and the sea, offering stunning panoramic views. Mutxamel is just a few kilometers from the vibrant city of Alicante, providing residents with easy access to city life excitement.
The Luxury Real Estate Market in Mutxamel
The market for exclusive properties in Mutxamel is strong and full of potential. The current demand for luxury houses and apartments in the area is balanced with the supply, creating a healthy and competitive real estate market. The political and economic situation of Mutxamel is stable, which attracts investors and buyers to the area.
Costs and Fees Related to Property Purchase
The average real estate commission in Mutxamel ranges between 1% and 3%, for both buyers and sellers. Additionally, additional costs such as transfer tax, real estate agent fees, notary fees, and possible legal or building inspection costs should be taken into account. The transfer tax in Mutxamel is 10% of the property value, while the wealth tax varies depending on the value of the property and the economic situation of the owner.
Taxes and Requirements for Property Purchase in Mutxamel
In Mutxamel, the corporate profit tax for registered companies is 25%, while the income tax for registered residents ranges from 19% to 47%, depending on the income level. To purchase a house in Mutxamel, a mortgage that covers up to 70% of the purchase price is generally required.
Location and Accessibility of Mutxamel
Mutxamel is in a privileged location, with easy access by road and rail. The town is a short distance from Alicante, the closest major city. Furthermore, Mutxamel is near both national and international airports, including Alicante Airport.
Features and Advantages of Living in Mutxamel
Mutxamel is home to a vibrant community, and the area hosts several schools, universities, and outstanding training institutions. The natural environment of Mutxamel is impressive, and residents can enjoy a variety of outdoor sports and activities. The city also offers a range of luxury shops and high-quality restaurants, and the nightlife is vibrant and interesting. Additionally, Mutxamel hosts several historic, cultural, and sports events throughout the year that highlight the area's rich culture and traditions.
With a population of around 16,000 inhabitants, pleasant climate all year round, and a rich infrastructure of services and resources, Mutxamel is simply an ideal place for luxurious living.
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