New-Build Villa in Colonia Escandinavia, L'Alfas Del Pi
Albir, l'Alfàs del Pi · Alicante
3 Bed2 Bath233 m²387 m² plotEnergy: G
Description
This new-build villa in Colonia Escandinavia-Cautivador offers 233 m2 of built space on a 387 m2 private plot. The layout spans 3 bedrooms and 2 bathrooms across a single ground-floor level. Two private parking spaces are included within the plot. As a new build, the property carries a 10-year structural warranty under Spanish law.Colonia Escandinavia-Cautivador is a low-density residential area of L'Alfas Del Pi, a municipality on the Costa Blanca Nord between Altea and Benidorm. The wider L'Alfas Del Pi area has an established Nordic community and a compact town centre with local shops, restaurants and a weekly market. Alicante-Elche Airport is approximately 35 minutes by car.The asking price of EUR 875,000 equates to approximately EUR 3,755 per m2 of build area. There are no community fees recorded for this property. IBI has not yet been assessed for this new-build plot and the agent can provide an estimated figure on request. The energy rating is G, which should be confirmed before exchange.The 387 m2 plot provides scope for a private garden and outdoor entertaining area. Specific pool and terrace specifications should be requested directly from the agent, as final finish options may be available at this stage of construction.
Features
- New build
- Private plot (387 m2)
- 2 private parking spaces
- 3 bedrooms
- 2 bathrooms
- Single-storey layout
- 233 m2 build area
- No community fees
- 10-year structural warranty
- Energy rating G
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 233 m² |
| Plot Size | 387 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 82346906-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Albir, l'Alfàs del Pi · 38.5910, -0.1108
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 are the purchase costs on top of the EUR 875,000 asking price?
As a new build in Alicante province, the transfer tax is replaced by IVA at 10%, which amounts to EUR 87,500. You will also pay stamp duty (AJD) at approximately 1.5% (EUR 13,125). Additional costs include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% plus VAT (approximately EUR 10,500 including VAT). Total purchase costs are typically 13–15% above the agreed price.
Can I get a mortgage on this property as a non-resident?
Non-resident buyers can generally borrow up to 60–70% of the purchase price or bank valuation, whichever is lower, meaning a deposit of 30–40% is typically required. On EUR 875,000, that equates to roughly EUR 262,500–350,000 upfront. Current variable and fixed rates from Spanish lenders range from approximately 3.5% to 4.5% APR, though terms vary by lender and applicant profile. We can refer you to an independent mortgage broker.
What are the ongoing running costs for this villa?
There are no community fees recorded for this property. IBI (annual council tax) has not yet been assessed for this new-build and the agent can provide an estimated figure based on the cadastral value once available. Utility connection costs and basura (refuse collection) charges will apply once the property is occupied.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings by appointment, during which our agent walks through the site or show unit in real time and can answer questions directly. We can also provide additional photos, floor plans, and the developer's specification document. Contact us to arrange a slot at a time that suits you.
Is this villa suitable for holiday rental?
L'Alfas Del Pi falls within the Costa Blanca Nord tourist zone, and properties in the area can be licensed for short-term holiday rental through the Generalitat Valenciana. Rental demand is present given proximity to Altea and Benidorm. We do not quote yield figures, but the agent can share local rental market data to help you assess the opportunity.
How does the purchase process work in Spain?
First, obtain an NIE (foreigner identification number), which is required for all property transactions. Once you have agreed terms, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), where usually 10% of the price is paid and both parties are legally committed. The final balance is paid at the notary on the completion date, when title transfers to you and keys are handed over.
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- villa
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 233 m²
- Plot Size
- 387 m²
- Energy Rating
- G
