Flat 134 м² in Elche, Spain

458 479 $

3 421 $ /м²

4Oagp

Area

134 м²

Bedrooms

Bathrooms

Apartment in Valencia and Murcia. City - Elche

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

Additional details

Property type

Residential Properties

Object type

Flat

Price

458 479 $

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 (458 479 $) 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).