Sorello Guides

Buying and owning a home in Alcoy

Alcoy is large enough for several distinct sub-markets to exist inside one Alicante municipality. Homes here are appraised at 1.041,1 €/m², at the bottom of the national range. Roughly a third of dwellings, 27,34 %, are not a main residence.

The bill that lands on the day of the deed

In Alcoy the transfer tax is often larger than every other closing cost put together, because the tax scales with the price and the fees largely do not. Valencian Community applies 9 %, among the highest transfer-tax rates in Spain.

Transfer tax on a resale purchase, at three illustrative prices
Purchase priceTransfer tax
200.000 €18.000 €
350.000 €31.500 €
600.000 €54.000 €

The three prices are round illustrative figures chosen to bracket the ordinary range, not measurements of this market.

The reduced rates, stamp duty and the deed checklist for Valencian Community

Put beside its neighbours

On urban property-tax rate it is the third highest of the Alicante municipalities this guide covers.

Set the national range end to end and this number of notarised home sales lands in the top quarter.

Ranked against its neighbours in Alicante, it holds the lowest average cadastral value per home of the group.

Taking every municipality covered here together, the average cadastral value per home is in the cheapest twentieth of them.

Take Alicante alone: among the municipalities here, its tax rate on construction work is the seventh lowest.

How it ranks

Set the national range end to end and this appraised value per square metre lands in the third-cheapest twentieth.

Take Alicante alone: among the municipalities here, its share of the urban register that is housing is the second lowest.

Taking every municipality covered here together, the total dwelling stock is in the band just below the top quarter.

Judged only against Alicante, the number of urban cadastral units here is the eighth highest in the guide.

Taking every municipality covered here together, the count of registered residential units is in the band just below the top quarter.

Put beside its neighbours

Take Alicante alone: among the municipalities here, its year of the last cadastral revision is the tenth highest.

Country-wide, that population is one of the thirteenth twentieth from the bottom.

Line the Alicante municipalities in this guide up by number of appraisals behind the average and this one is the eighth highest.

On a national view, its share of dwellings that are not a main residence falls into the thirteenth twentieth from the bottom.

A cadastral register left untouched for decades

Alcoy last revalued its cadastre in 2000, so today's rate is charged on a base from another era — the revision risk is real.

The tax on construction work is 3,3 %, so a refurbishment budget should carry it.

What the market looks like at the cheap end

Appraisers value free-market housing in Alcoy at 1.041,1 €/m², which puts a whole flat within reach of a modest deposit.

The figure comes from 226 appraisals in the quarter.

The shape of the housing stock

31.780 of 56.368 urban units are residential, a housing-led register.

In Alcoy, 27,34 % of dwellings are not a main home, enough for holiday demand to matter without dominating.

12,88 % of main homes are rented in Alcoy, below the national pattern.

Owning it: the annual charge

Alcoy applies 1 % to urban property, close to the statutory ceiling.

A cadastral value of 34.423 € per residential unit keeps the Alcoy bill modest whatever the rate.

Rural land carries 0,7 %, close to the urban rate.

The arithmetic is 180.000 € at 1 %, or 1.800 € a year — on a register so old that the rate tells you little about the eventual bill.

The cadastral value in this example is a round illustrative figure, not the cadastral value of any particular property here. Ask for the last IBI receipt: it states the real one.

How active the market is

Against 31.780 registered residential units, a healthy share of the stock changes hands each year.

Notaries in Alcoy recorded 1.265 home sales in the year, an active market.

Second quarter was the busiest quarter and First quarter the thinnest, but the spread was mild.

Notarised home sales by quarter, 2025
QuarterSales
First quarter286
Second quarter345
Third quarter311
Fourth quarter323

Related guides

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