New-Build Bungalow in Colonia Escandinavia-Cautivador, L'Alfas Del Pi
Albir, l'Alfàs del Pi · Alicante
2 Bed2 Bath271 m²Built 1978Energy: A–B
Description
This second-floor bungalow forms part of a 123-unit new-build complex on elevated ground in Colonia Escandinavia-Cautivador, L'Alfas Del Pi. The property covers 71 m² of interior space with two bedrooms and two bathrooms. The layout centres on an open-plan living room and kitchen, with large south-facing windows connecting to a private terrace. A parking space is included, the building is served by a lift, and an air-conditioning provision is already in place ready for a system to be fitted.Colonia Escandinavia-Cautivador sits on the hillside above L'Alfas Del Pi, within 10 minutes' drive of the beaches at El Albir and Altea. The Serra Gelada Natural Park borders the area, and the Alfas del Sol Sports Club is within walking distance of the complex. Alicante-Elche Airport is approximately 35 minutes away by car.Community fees are currently set at zero for this development. The IBI rate is not yet confirmed for this new-build unit, so buyers should ask the agent for the expected figure before exchange. The energy certificate is rated G. The proximity to the Altea and El Albir coastline gives Colonia Escandinavia-Cautivador a consistent seasonal rental market, which may interest investors.The complex includes a communal pool, landscaped green areas, and a shared solarium. Certain unit types allow for the addition of a private pool or jacuzzi, and the agent can advise which configurations apply to this specific unit.
Features
- New build
- South-facing aspect
- Open-plan kitchen
- 2 bathrooms
- Communal pool
- Solarium
- Lift
- Parking space included
- Air conditioning (provision)
- Green communal areas
- Energy rating G
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 271 m² |
| Floor | 2 |
| Year Built | 1978 |
| Energy Certificate | A–B |
| Reference | 75076275-02 |
Energy Performance Certificate
New-build homes in Spain must meet the minimum energy performance set by the Código Técnico de la Edificación, so a completed new-build is normally rated A or B. The official certificate is issued on completion.
ARegulatory minimum
< 29kWh/m²B
29 – 49kWh/m²C
50 – 79kWh/m²D
80 – 119kWh/m²E
120 – 179kWh/m²F
180 – 239kWh/m²G
> 240kWh/m²Expected rating
A–B
In process
From 1 January 2030, every new building in the EU must be a zero-emission building.
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Albir, l'Alfàs del Pi · 38.5917, -0.1063
About Albir, l'Alfàs del Pi
L'alfas Del Pi is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for beyond the asking price?
As a new build in the Valencian Community, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. 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) — worth checking before you budget. On top of taxes, allow EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and roughly 1% of the purchase price plus VAT for legal representation.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-residents a loan-to-value ratio of 60–70%, so you should expect to provide a deposit of 30–40% of the purchase price from your own funds. Current variable and fixed mortgage rates in Spain broadly range from 3.5% to 4.5%, though the exact rate will depend on your financial profile and the lender. We can put you in touch with a Spanish mortgage broker if helpful.
What are the ongoing running costs for this property?
Community fees for this development are currently set at zero. The annual IBI (council tax) figure is not yet available for this new-build unit; please confirm the expected charge with the agent before you commit. Rubbish collection (basura) costs are also to be confirmed. Budget additionally for utilities and contents insurance.
Can I view the property remotely before visiting in person?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to travel to the Costa Blanca at short notice. We can walk you through the show unit, the communal areas, and the surrounding neighbourhood. In-person viewings can be arranged any day of the week with advance notice.
Is this property suitable as a holiday rental investment?
L'Alfas Del Pi and the Colonia Escandinavia-Cautivador area attract visitors drawn to the El Albir and Altea coastline and the Serra Gelada Natural Park, giving the area a consistent seasonal rental market. New-build properties in this municipality require a tourist licence before they can be let short-term; the agent can advise on the current application process in the Valencian Community. We do not quote projected rental yields, as actual returns depend on management costs, occupancy, and market conditions.
What are the main steps in the purchase process?
First, obtain a Spanish tax identification number (NIE), which is required to sign any legal documents. Once a price is agreed, a reservation fee takes the property off the market. This is followed by a private purchase contract (arras), at which point you typically pay 10% of the purchase price. The balance and full transfer of title then take place before a notary. We strongly recommend appointing an independent Spanish solicitor to carry out due diligence throughout.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 271 m²
- Energy Rating
- A–B
