Choosing property in Orihuela
Why is Orihuela worthy of your attention when it comes to investment in real estate? This resort, located on the Mediterranean coast, annually attracts thousands of tourists due to its unique climate, the beauty of the surrounding nature and high-level accommodation. Indeed, in Orihuela, property for sale is represented by excellent examples of residential properties. These are modest studio apartments, and apartments in multi-apartment new residential complexes, as well as detached homes with many amenities.
And yet, among the advantages of Orihuela is excellent weather: there are only about twenty rainy days a year, the average annual temperature is +19.5⁰C, and in winter the average temperature is +16C⁰. You should be careful with sunbathing in August, because this is the hottest month and the air temperature can exceed +40⁰C.
Unlike other coastal cities, Orihuela does not have a large number of foreigners living here. The population of the city is about 50,000 people, most of them are native Spaniards, who treasure the rich historical heritage of Orihuela. After all, the mention of this place dates back to the VIII century. An ancient castle, gothic-style churches, Rubalcava Palace - these historical masterpieces are the pride of local residents and are of great interest to tourists from around the world.
Part of the Costa Blanca, on which Orihuela is located, is characterized by excellent conditions for beach holidays and various sports. These are 16 kilometers of well-maintained beaches awarded with the Blue Flag with a full range of services for both adults and children. The city itself has a well-developed infrastructure, including shopping centers, restaurants, sports facilities, and nightclubs.
How to buy property in Orihuela for sale
Studying information about the Orihuela real estate market, you will be pleasantly surprised that the prices for budget apartments here are somewhat lower than the prices for similar housing in other resort towns. And the luxury of beautiful villas is in no way inferior to the richness of the decoration of similar properties in Torrevieja, Benidorm or Altea.
Having made a well-thought-out decision to buy a property in Orihuela, you might have a lot of questions related to the process of buying a home, including the following:
- how much money you need to have for the purchase;
- what type of property to choose;
- how to open a bank account;
- what laws govern the purchase of real estate by foreigners;
- what taxes and fees will need to be paid when buying a property;
- how to register the ownership of the acquired property.
The amount of money you need will depend on which area of Orihuela the property you have chosen will be located in, the quality of the house, the number of bedrooms and bathrooms, the availability of additional appliances such as furniture, air conditioning, security, parking, land, etc. A very important factor affecting the price of the property is the view from the balconies and terraces.
In order to make a correct choice of a particular property, it is best to visit Orihuela before the final move and see the apartments or houses you like in person. After all, the quality of life in an apartment building of a residential complex is very different from a detached bungalow in a quiet low-rise micro-district.
Before opening a bank account, you need to obtain a foreign identification number Número de Identificación de Extranjero (NIE), without which it is impossible to carry out any transactions in Spain. Then you can easily open a bank account.
In order to do everything correctly when buying a property, Orihuela, Spain, you can conclude an agreement with a local lawyer who knows your language well and has extensive experience in making such transactions. With their help, you will be advised of the legal nuances of the purchased property like ownership, the absence of debts and hidden defects. The lawyer will also help you with paperwork and signing the contract.
However, the best decision regarding the purchase of real estate is to contact professional real estate agencies. One of these agencies is WTG Spain, a company that has been operating on the Spanish market for a long time and has proven itself to be one of the best.
A real estate agent will help you from the first steps: he will find and offer you options that suit your needs and budget. Then he will help you with obtaining a NIE and opening a bank account, will represent you in the notary's office and accompany you at all stages of the purchase, up to transporting your belongings to a new place of residence.
