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Ref: EMA5263S
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NBUILDABLE PLOT DESCRIPTIONThis remarkable 2,656 m² plot occupies the highest vantage point in the prestigious Bonavista residential area, offering one of the most exclusive panoramas in Elche—an uninterrupted sweep from the city’s historic skyline to the Mediterranean Sea. Fully classified as urbanizable land and designated for single‑family residential development, it allows the construction of a luxury one‑storey villa with complete privacy and exceptional natural surroundings. The entire surface of the plot—2,656 m²—is both the minimum and the buildable area, providing a generous canvas for an architect‑designed residence.The property benefits from direct access via an urban road and is already equipped with essential infrastructure, including water, electricity, sewerage, and public street lighting. Its privileged location combines tranquillity with outstanding connectivity: Alicante International Airport is approximately 15 minutes away, Elche city centre is just 10 minutes by car, and the golden beaches of Arenales del Sol, El Altet, and La Marina can be reached within 20 minutes. Excellent transport links and nearby public services ensure convenience, while supermarkets, restaurants, schools, sports facilities, and healthcare centres are all within easy reach. The charming nearby villages of La Galia, Matola, and Valverde add local character and offer boutique amenities and dining options.This is a rare opportunity to acquire a premium plot in one of Elche’s most sought‑after enclaves—an exceptional setting for a luxury home with world‑class views and first‑class accessibility.
Property Features
- 0 bedrooms
- 0 bathrooms
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
18,000€
Final Payment of 90% on completion
189,000€
Property Purchase Expenses
Property price
210,000€
Transfer tax 8%
16,800€
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.
Mortgage Calculator
Spanish Property News & Updates by Spain Property Portal.com
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%.
Spain Property Portal is an online platform that has revolutionized the way people buy and sell real estate in Spain.
In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.







