There are locations that simply cannot be replicated.
This property is situated on Calle Castillo, one of the most iconic and most frequented streets in Peñíscola’s old town, directly opposite the main entrance to the Papa Luna Castle — a mandatory passageway for thousands of visitors throughout the year.
The property consists of two adjoining plots marketed together, currently forming a single building with direct access from Calle Castillo itself.
Its condition requires a full refurbishment, meaning the true value of the property lies in its extraordinary location and in the wide range of possibilities it offers for developing a fully personalised project.
Unlike many buildings in the old town, the façade has a distinctive and easily recognisable character, giving the property strong visual presence in one of the most photographed and visited areas of Peñíscola.
One of its greatest attractions is the upper terrace, offering privileged views over the Castle entrance, the lighthouse, and much of the monumental surroundings of the fortress.
The location makes this property an especially appealing opportunity for those wishing to create a unique residence, a tourist project, or a commercial space with exceptional visibility within the historic centre. The ground floor enjoys a strategic position for any visitor‑oriented activity, benefiting from a constant flow of people for most of the year.
Properties for sale in this specific location are extraordinarily scarce, making this an exceptional opportunity within Peñíscola’s real estate market.
A proposal for those seeking more than just a home: an irreplaceable location on which to develop a project with its own identity in one of the Mediterranean’s most renowned settings.
Information on taxes and additional purchase costs
In compliance with the information obligations set out in Law 10/2025, of 28 December, on customer service and transparency, as well as with the applicable sector-specific regulations, it is hereby stated that the indicated price does not include the taxes and expenses inherent to the acquisition of the property, which shall be borne by the buyer and which, for guidance purposes, are as follows:
- Property Transfer Tax (ITP):
The tax rate in force in the Valencian Community shall apply (generally 9%, without prejudice to any reduced rates or tax relief that may apply depending on the buyer’s personal circumstances or the characteristics of the property). The tax shall be calculated on the Cadastral Reference Value or the purchase price, whichever is higher.
Notary fees shall be calculated in accordance with the official tariff regulated in Annex I of Royal Decree 1426/1989, of 17 November, approving the Notarial Fees Schedule.
Registration of the title at the Land Registry shall be charged in accordance with the official tariff established in Royal Decree 1427/1989, of 17 November, approving the Land Registrars’ Fees Schedule.
- Administrative Management Fees (Gestoría):
Should the buyer choose to appoint a professional or company to handle the administrative processing of the transaction, including tax settlement and registration at the Land Registry, the corresponding fees shall be freely agreed with the service provider, depending on the services effectively rendered.
- Seller’s Real Estate Agency Fees:
Included in the sale price.
- Buyer’s Real Estate Agency Fees:
Not charged.
For detailed and up-to-date information on the operation, applicable tax rates and possible tax relief related to the Property Transfer Tax in the Valencian Community, please consult the official website of the Valencian Tax Agency:
👉 https://atv.gva.es/es/itpajd