€289,900
New Build 2-Bedroom Penthouse in Altozano, Alicante
Alicante · Altozano
2 beds2 baths75m²
Near beachTerraceLift+4
Costa Blanca
New Build in Alicante
Explore 1 new developments and off-plan properties in Alicante.
Market Overview
New Developments in Alicante
Alicante, the provincial capital, is experiencing a significant new-build boom driven by its position as a tech hub, university city, and cruise-ship port. Development is concentrated along Playa de San Juan — where modern apartment towers with sea views start at around €250,000 — and in the regenerated Cabo de las Huertas area, where three-bedroom apartments reach €350,000–€500,000. The Albufereta beachfront and the new Benalua South master-plan area are emerging hotspots for 2025–2026 launches.
New-build properties in Alicante benefit from the city’s excellent infrastructure: Alicante-Elche international airport, AVE high-speed rail connection to Madrid, tram network, and the expanding cycling lane network. Construction standards are CTE-compliant with A/B energy ratings, and many developments incorporate smart-home systems, communal rooftop pools, and EV charging. Alicante’s Explanada promenade, Santa Bárbara castle, and vibrant dining scene make it a compelling choice for buyers wanting urban amenities with a Mediterranean beachfront lifestyle.
Apartments from €250k at Playa de San Juan; premium from €350k in Cabo de las Huertas
Provincial capital with international airport, AVE rail, tram & expanding bike network
Smart-home systems, rooftop pools, and A/B energy ratings in new launches
Growing tech-hub status and cruise port driving sustained demand & price growth
Browse by Neighbourhood
New Build Guide
Buying Off-Plan in Alicante
The provincial capital is experiencing a significant new-build boom along Playa de San Juan and in the regenerated Cabo de las Huertas area. Tech-sector growth and the expanding Alicante Digital District are driving demand from young professionals. Apartments from €250,000, with new launches in Benalúa South and Albufereta representing the next wave of urban regeneration projects.
The Off-Plan Buying Process
- 1
Reservation & NIE
Pay a reservation fee (typically €3,000–€10,000) to take the property off the market. You will need a Spanish NIE (tax identification number) and a Spanish bank account, both of which your lawyer can arrange.
- 2
Private Purchase Contract
Within 30 days, sign the contrato privado de compraventa and pay 10% of the purchase price (minus the reservation). This contract locks in the price and your chosen customisation options. Your deposit is protected by a bank guarantee under Ley 57/68.
- 3
Stage Payments During Build
For off-plan properties, further payments of 20–30% are due at construction milestones (foundations, structure, finishes). Each payment is backed by the mandatory bank guarantee — if the developer fails to deliver, you get your money back.
- 4
Pre-Delivery Snagging Inspection
Before completion, you (or your appointed surveyor) conduct a snagging inspection of the finished property. The developer must remedy any defects before handover. A retention amount of 5–10% of the final payment is typically held back until snagging items are resolved.
- 5
Completion & Notary Signing
Sign the escritura pública (title deed) before a notary, pay the remaining balance (usually 60–70% of the purchase price), and receive your keys. The notary registers the property at the Land Registry in your name. Typical completion timeline for off-plan: 18–24 months from reservation.
New Build Costs & Taxes
| Cost Item | Rate | Note |
|---|---|---|
| IVA (VAT) | 10% | Applies to all new-build purchases nationwide — replaces the ITP (transfer tax) charged on resale properties |
| AJD (Stamp Duty) | 1.5% | Rate set by the Valencian Community regional government |
| Notary Fees | 0.5–1% | Scaled by property price; fixed by government tariff |
| Legal Fees | 1–1.5% | Independent lawyer recommended — never use the developer's lawyer |
| Land Registry | 0.5–1% | Registering the title deed in your name |
| Total Purchase Cost | ~13.5–15% | New-build total on top of the property price in Valencian Community |
What to Expect in New Construction
- Energy rating A or B — mandatory for new construction under the Código Técnico de la Edificación
- Double-glazed thermal-break aluminium windows (Cortizo, Schüco, or equivalent)
- Pre-installed ducted air conditioning with aerothermal heat-pump system
- Underfloor heating in bathrooms; LED lighting throughout all rooms
- Porcelain tile flooring with buyer-selectable finishes (kitchen, bathrooms, living areas)
- Pre-installed fibre-optic internet and electric vehicle charging pre-installation
- Secure underground parking with storage room included
- 10-year structural warranty under the LOE (Ley de Ordenación de la Edificación)
Insider Tip — Alicante
Focus on Playa de San Juan if lifestyle is your priority, or the Benalúa South regeneration zone for maximum capital upside. Alicante's tech-sector growth is driving year-round professional rental demand — a new dynamic that means city-centre apartments can achieve 12-month occupancy, not just summer peaks.
About Alicante
Alicante is the cosmopolitan capital of the Costa Blanca and the gateway city for millions of visitors each year. Dominated by the imposing Santa Bárbara castle perched on Mount Benacantil, the city blends centuries of history with a modern, energetic Mediterranean lifestyle that pulses through its tapas bars, boutiques, and harbour-front restaurants.
The Explanada de España — a mosaic-tiled promenade shaded by palm trees — is one of the most beautiful waterfront walks in Spain, stretching along the marina to the lively old quarter of El Barrio. Just below the castle, Playa del Postiguet offers a golden city beach with Blue Flag status.
Alicante also serves as a cultural hub with the MARQ Archaeological Museum (European Museum of the Year winner), the MACA contemporary art museum, and a packed calendar of festivals including the famous Hogueras de San Juan bonfires in June.
The Basics
☀️
Climate
Summer 28–33°C · Winter 11–17°C
✈️
Airport
Alicante-Elche Airport (ALC) — 15 min
🌊
Beaches
Postiguet, San Juan, Albufereta
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Attractions
Santa Bárbara Castle, MARQ Museum
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Population
~340,000
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Languages
Spanish, Valencian, English
Things to Do
🏰
Santa Bárbara Castle
One of the largest medieval castles in Spain, perched 166 metres above the city. Take the lift from Postiguet beach or walk up for panoramic views stretching along the entire coast.
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Explanada & Old Town
Stroll the iconic marble-tiled Explanada promenade, then lose yourself in the narrow streets of El Barrio with its tapas bars, craft shops, and the 17th-century Basilica of Santa María.
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Playa de San Juan
A magnificent 7km Blue Flag beach just north of the city centre, easily reached by tram. Wide, golden sand with beach bars, water sports, and a relaxed resort atmosphere.
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MARQ Archaeological Museum
Award-winning museum tracing the region’s history from prehistoric times through the Roman and Moorish periods. Interactive exhibitions and stunning archaeological finds.
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Hogueras de San Juan
Alicante’s answer to Valencia’s Fallas — giant papier-mâché sculptures are burned in spectacular bonfires each June. One of Spain’s most impressive fiestas.
Property Types in Alicante
Frequently Asked Questions
Maya Kallio
Co-Founder & Business Consultant · Based in Torrevieja since 2018
Maya co-founded OceanHome and oversees operations across 40+ properties on the Costa Blanca. Every tip in this guide comes from years of first-hand experience helping guests from all over the world.