Question 1

What are the purchase costs on top of the agreed price?

Accepted Answer

As a resale in the Valencian Community, this purchase carries ITP transfer tax at 9% of the purchase price, rising to 11% on the entire value above €1,000,000. Note that tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. Reduced rates and local allowances may apply if you meet this region's conditions (for example age, large-family or disability status, or buying a primary residence), which is worth checking before you budget. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees typically around 1% of the purchase price plus VAT.

Question 2

Can I get a mortgage as a non-resident buyer?

Accepted Answer

Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current mortgage rates for non-residents generally range between 3.5% and 4.5%, though terms vary by lender and applicant profile. We can connect you with independent financial advisers who specialise in Spanish mortgages.

Question 3

What are the ongoing running costs for this penthouse?

Accepted Answer

Community fees are estimated at EUR 105 per month, covering communal pool maintenance and shared building services. Annual IBI (council tax) is estimated at EUR 420. Both figures are estimates at this stage. You should also budget for home contents insurance and utility bills, which vary with usage.

Question 4

Can I view the property remotely before travelling?

Accepted Answer

Yes. We offer video viewings for buyers who cannot visit in person straight away. Contact our team to arrange a live video call walk-through at a time that suits you. In-person viewings in Doña Pepa can also be arranged at short notice.

Question 5

Is this property suitable as a holiday rental?

Accepted Answer

Doña Pepa and the wider Rojales area attract a steady seasonal market, with proximity to the Costa Blanca South coast and Alicante-Elche Airport making it accessible for short-stay visitors. A tourist rental licence from the Valencian Community authorities would be required before letting. Your solicitor or a local rental management agency can advise on the application process and likely demand.

Question 6

What does the purchase process involve?

Accepted Answer

First, you will need an NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once a price is agreed, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the purchase price is paid. Completion takes place before a notary, at which point the balance and all taxes and fees are settled and the title deed (escritura) is signed.

Property Type	Penthouse
Bedrooms	3
Bathrooms	2
Built Area	86 m²
Terrace	75 m²
Floor	2 of 2
Year Built	Recently built
Orientation	South-facing— Maximum sunshine throughout the day — ideal for terraces and pools
Energy Certificate	Rating G
Reference	OH02085

Transfer Tax (ITP 10%)	€32,100
Notary Fees	~€950
Land Registry	~€650
Legal Fees (1% + VAT)	~€3,884
Community Fees (monthly)	€105/mo
IBI Property Tax (annual)	€420/yr
Est. Total Purchase Costs	~€37,584 (11.7%)

Top-Floor 3-Bedroom Penthouse in Doña Pepa, Rojales

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Energy Performance Certificate

Estimated Buying Costs

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About Doña Pepa, Rojales

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