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Ref: OCG-42264869
Property marketed by Olive Grove Estates

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Nestled in the heart of Villena’s old town, right beneath the iconic “La Atalaya” castle, we present exclusively this truly extraordinary home. This is no ordinary property—it’s a traditional cave-house of the historic “Rabal” quarter, blending centuries-old charm with modern comforts. It has its own terrace outside the entrance.
Villena itself is known as the capital of inland tourism in Alicante, a city steeped in history and culture. Perfectly located between Spain’s central plateau and the sparkling Mediterranean coastline, it has always been a crossroads of civilizations. Its rich architectural heritage and important monuments testify to its historical significance.
The property enjoys an unbeatable location within the Rabal quarter, just a two-minute walk through charming streets to reach the Plaza Mayor—one of Villena’s main squares. The area is alive with restaurants, tapas bars, and cafés. On the way to the square, you’ll even find a spot dedicated to craft beers, while just a short stroll uphill brings you to the visitor reception center, the starting point for tours and castle visits.
Villena itself is known as the capital of inland tourism in Alicante, a city steeped in history and culture. Perfectly located between Spain’s central plateau and the sparkling Mediterranean coastline, it has always been a crossroads of civilizations. Its rich architectural heritage and important monuments testify to its historical significance.
The property enjoys an unbeatable location within the Rabal quarter, just a two-minute walk through charming streets to reach the Plaza Mayor—one of Villena’s main squares. The area is alive with restaurants, tapas bars, and cafés. On the way to the square, you’ll even find a spot dedicated to craft beers, while just a short stroll uphill brings you to the visitor reception center, the starting point for tours and castle visits.
Property Features
- 2 bedrooms
- 2 bathrooms
- 240m² Build size
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
21,995€
Final Payment of 90% on completion
224,955€
Property Purchase Expenses
Property price
249,950€
Transfer tax 8%
19,996€
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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