Located in the fertile region of Altiplano is Yecla, a city rich in history, home to significant archaeological and architectural sites dating back to antiquity. This charming Murcian town is proud of its striking Church of the Purísima and the majestic Castle of Yecla, guarding from above. Surrounded by serene mountains and located just half an hour from the city of Alicante, Yecla is a hidden treasure in southeastern Spain.
Real Estate Market in Yecla
Yecla presents a strong and stable real estate market, making this city an attractive place for buyers of luxury properties. There is constant demand. On the other hand, the commission rates on real estate to consider hover between 3% and 6% and it is important not to forget other costs such as notary fees and possible legal fees.
Taxes in Yecla
The transfer tax in the region of Murcia, where Yecla is located, is approximately 8% depending on the value of the property. In addition, real estate taxes range from about 0.2% to 2.5% and the taxes on profits obtained when selling a property depend on whether the home is a principal residence or a second home.
Mortgages and Finance in Yecla
In Yecla, banks usually offer up to 80% of the purchase price in mortgages for residents and around 70% for non-residents, subject to certain income requirements.
Life in Yecla
The most exclusive areas to find luxury homes in Yecla are the historic center and the residential areas near the mountains. The city is easily accessible by road and features a large number of high-quality public and private services, including schools, hospitals, and luxury stores.
Yecla's proximity to major urban centers like Alicante and its closeness to international airports make this city an ideal destination for both residents and visitors. The surrounding nature, a wide variety of sports and outdoor activities, and the vibrant local culture, with its rich wine-making tradition and its annual festivals such as the Fiestas de la Virgen, complete the luxury living experience in Yecla.