Top-Floor 2-Bedroom New Build in Altozano, Alicante
Altozano, Alicante · Alicante
2 Bed2 Bath75 m²Energy: G
Description
A new-build penthouse on the fourth floor in Altozano, Alicante, offering 75 m2 of internal living space across two bedrooms and two bathrooms. The property includes a private terrace, built-in wardrobes in the bedrooms, a storage room, and lift access to all floors. An alarm and security system are fitted as standard throughout the complex.Altozano is a well-established residential district in the south-western part of Alicante city, bordered by Avenida de la Libertad and close to the Parque de Lo Morant. Daily amenities including shops, cafés, and bus connections to the city centre are within walking distance of the neighbourhood. Alicante-Elche Airport is approximately 35 minutes by road, making Altozano a practical base for frequent travellers.Estimated community fees are approximately 115 EUR per month, and annual IBI is estimated at 460 EUR. The property carries an energy rating of G. As an owner-occupied city apartment in a well-connected neighbourhood, this penthouse may also suit buyers seeking a long-term rental investment in Altozano.
Features
- New build
- Fourth-floor penthouse
- Terrace
- Lift
- Built-in wardrobes
- Storage room
- Alarm system
- Security system
- 2 bathrooms
- Near beach
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 75 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 20061844-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Altozano, Alicante · 38.3593, -0.4827
About Altozano, Alicante
Altozano is a residential neighbourhood on the elevated western side of Alicante city, valued for its quieter streets and panoramic views over the surrounding landscape. The area provides good access to the city centre, local schools and healthcare facilities, while sitting just minutes from the coast. It appeals particularly to buyers seeking a permanent home with an urban feel yet within easy reach of the beach.
Frequently Asked Questions
What are the purchase costs on top of 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. Additional costs typically include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and a solicitor's fee of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the region's conditions — for example, age, large-family or disability status, or buying a primary residence — and are worth checking before you 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 in Spain generally range between 3.5% and 4.5%, though your individual rate will depend on the lender and your financial profile. We can refer you to independent mortgage brokers with experience in non-resident finance.
What are the ongoing running costs?
Community fees are estimated at EUR 115 per month, covering shared areas, the lift, and building maintenance. Annual IBI (council rates) is estimated at EUR 460. Both figures are estimates and may change once the development is fully registered. Utility bills — electricity, water, and internet — will be in addition to these costs.
Can I view the property remotely before visiting in person?
Yes. We offer video viewings by appointment for buyers who are not yet in Spain. Our agents can walk through the property or the show unit live via video call, answer questions in real time, and share additional floor plans or developer documentation. In-person viewings can be arranged once you are ready to visit Alicante.
Is this property suitable as a rental investment?
Altozano is a residential neighbourhood with consistent demand from local professionals, students, and workers relocating to Alicante city. Long-term rental demand in this area is generally steady. Tourist letting is less common in this district than in coastal zones, so buyers focused on short-term holiday lets may wish to consider other locations. We recommend speaking to a local letting agent for current rental market data specific to Altozano.
What steps are involved in the purchase process?
You will first need a Spanish tax identification number (NIE), which can be obtained through a Spanish consulate or a local solicitor acting under power of attorney. Once you have agreed on the price, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit — commonly 10% of the purchase price — is paid. The remaining balance is settled at the notary on completion, when the title deeds (escritura) are signed and ownership is formally transferred.
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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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 75 m²
- Energy Rating
- G
