Flat 108 м² in Elche, Spain

334 502 $

3 097 $ /м²

4Oago

Area

108 м²

Bedrooms

Bathrooms

Apartment in Valencia and Murcia. City - Elche

Apartments are located in Elche, in a residential complex that is in the city center. Shopping centers, bars, restaurants, shops, schools and other necessary services are very close. The apartments have 3 or 4 bedrooms with 2 or 3 bathrooms and equipped individual kitchen, living room, parking, full alarm system installation, Smart home system for blinds, lighting (6 zones) and air conditioning, full installation of heating, air conditioning and natural gas. Price starting from 286,000 euros. Air conditioning. Proximity to shops. Garage/parking. Alarm system. Smart home. Furnished kitchen.

Additional details

Property type

Residential Properties

Object type

Flat

Price

334 502 $

FAQ

In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Elche; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Elche short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (334 502 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Elche: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).