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New-Build Bungalow in Colonia Escandinavia-Cautivador, L'Alfas del Pi

Albir, l'Alfàs del Pi · Alicante

2 Bed2 Bath74 m²Energy: A–B

Description

This new-build first-floor bungalow covers 98 m² of living space within a 123-unit residential complex on raised ground in Colonia Escandinavia-Cautivador, L'Alfas del Pi. The south-facing orientation draws natural light through large windows into the open-plan kitchen and living area, which connects directly to a private terrace. The property has 3 bedrooms and 2 bathrooms finished to a contemporary standard, and includes a dedicated parking space and lift access within the building.Colonia Escandinavia-Cautivador occupies a hillside position between Altea and El Albir, roughly 10 minutes by car from the beaches of both towns. The complex sits adjacent to the Serra Gelada Natural Park, which provides marked walking and cycling routes directly from the neighbourhood. The Alfaz del Sol Sports Club is within walking distance, and Alicante-Elche Airport is approximately 35 minutes away by car.Community fees are currently set at zero for this development. The IBI figure has not yet been confirmed for this new-build unit and will be established once the property is registered with the local authority. The energy rating is G. L'Alfas del Pi falls within the Valencian Community's tourist rental licence framework, and south-facing first-floor units with communal pool access in Colonia Escandinavia-Cautivador attract consistent short-stay demand from northern European visitors throughout the year.

Features

  • New build
  • First floor
  • 3 bedrooms
  • 2 bathrooms
  • 98 m² build size
  • South-facing aspect
  • Open-plan kitchen
  • Air conditioning
  • Communal pool
  • Lift
  • Private parking space
  • Energy rating G

Property Details

Property TypeApartment
Bedrooms2
Bathrooms2
Built Area74 m²
Floor1
Energy CertificateA–B
Reference75076275-03

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
B
C
D
E
F
G

Expected 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. On top of tax, allow for notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal representation at around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
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 variable and fixed mortgage rates from Spanish lenders generally range from 3.5% to 4.5%, though the rate offered will depend on your financial profile and the lender. We recommend speaking to an independent mortgage broker familiar with the Spanish market.
What are the ongoing running costs for this property?
Community fees are currently set at zero for this development. The annual IBI (local property tax) figure is not yet confirmed for this new-build unit and will be established once the property is registered with the local authority. There is no basura (refuse collection) fee on record at this stage. We recommend budgeting conservatively for these costs until final figures are issued.
Can I view this property remotely?
Yes. Video viewings are available and can be arranged at a time convenient to you. Our agents can walk through the unit and the communal areas live on a video call, and we can also share developer show-home footage where available. Contact us to book either an in-person or video viewing.
Is this property suitable for holiday rental?
L'Alfas del Pi falls within an area of the Costa Blanca that sees year-round visitor demand, particularly from northern European travellers. First-floor south-facing units in gated complexes with communal pools are well suited to the short-stay market. You will need to obtain a tourist rental licence from the Valencian Community before listing the property on any rental platform. We can refer you to local managing agents who can advise on expected occupancy patterns.
What steps are involved in buying this property?
First, you will need a Spanish NIE (foreigner identification number), obtainable at a Spanish consulate in your home country or in person in Spain. Once a price is agreed, a reservation contract is signed and a holding deposit paid to secure the property. A private purchase contract follows, at which point a further deposit of typically 10% of the purchase price is paid. Completion takes place before a Spanish notary, where the remaining balance, taxes, and fees are settled and the title deed is signed. We strongly recommend appointing an independent Spanish solicitor throughout.

Price

€278,000€3,757/m²

Ref: 75076275-03

Maya Kallio
Maya Kallio💚
The Heart of Our Operations

Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.

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Key Details

Type
apartment
Bedrooms
2
Bathrooms
2
Build Size
74 m²
Energy Rating
A–B