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Ready-to-move-in flat with outside terrace and Communal Pool located in the peaceful village of Rafal.
Rafal is a small town of approximately 4,000 people and is located close to the larger towns of Orihuela and Almoradi.
The property features a spacious terrace overlooking the fields, ideal for relaxing and enjoying the natural surroundings.
Set within a gated community with a communal swimming pool and lift, it offers both comfort and security.
Just steps away from local shops, services, and a school nearby, this home is ideal for couples with or without children looking for a comfortable, well-located place to live.
   There is Air Conditioning installed in the 2 Bedrooms.
Rafal is a charming small town in the Vega Baja del Segura region of Alicante, Spain. Here’s a well-rounded snapshot of this picturesque municipality:
Geography & Demographics
Total area: 1.6 km², making it one of the smaller municipalities in the region
Population: approximately 4,800 residents as of early 2024, with a notable portion of foreign-born inhabitants (~17 %) .
Positioned on the left bank of the Segura River, just 50 km south of Alicante, and surrounded entirely by Orihuela’s lands Murcia 
Ready-to-move-in flat with outside terrace and Communal Pool located in the peaceful village of Rafal.
Rafal is a small town of approximately 4,000 people and is located close to the larger towns of Orihuela and Almoradi.
The property features a spacious terrace overlooking the fields, ideal for relaxing and enjoying the natural surroundings.
Set within a gated community with a communal swimming pool and lift, it offers both comfort and security.
Just steps away from local shops, services, and a school nearby, this home is ideal for couples with or without children looking for a comfortable, well-located place to live.
   There is Air Conditioning installed in the 2 Bedrooms.
Rafal is a charming small town in the Vega Baja del Segura region of Alicante, Spain. Here’s a well-rounded snapshot of this picturesque municipality:
Geography & Demographics
Total area: 1.6 km², making it one of the smaller municipalities in the region
Population: approximately 4,800 residents as of early 2024, with a notable portion of foreign-born inhabitants (~17 %) .
Positioned on the left bank of the Segura River, just 50 km south of Alicante, and surrounded entirely by Orihuela’s lands Murcia 
Property Features
- 2 bedrooms
- 1 bathroom
- 70m² Build size
- Swimming Pool
- Air Conditioning
- Terrace
- White goods
- Kitchen
- Dining Room
- Living room
- Sewage
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
7,000€
Final Payment of 90% on completion
89,996€
Property Purchase Expenses
Property price
99,995€
Transfer tax 8%
8,000€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.