New-Build 4-Bedroom Villa in Altea Hills, Altea
Altea Hills, Altea · Alicante
4 Bed4 Bath416 m²1000 m² plotEnergy: G
Description
This new-build villa in Altea Hills sits on a 1,000 m2 plot and delivers 416 m2 of built space across 4 bedrooms and 4 bathrooms. The solarium adds a further outdoor level with open views across the surrounding hillside. Ceiling heights and room proportions reflect the scale typical of new construction at this price point in Altea Hills.Altea Hills is a gated residential area on the hillside above central Altea, well regarded for its commanding position above the N-332 coastal corridor. The old town of Altea, with its cobbled streets, whitewashed church and weekly market on the Plaza de la Iglesia, is approximately 5 to 10 minutes by car. Alicante-Elche Airport is around 35 minutes away by road.At EUR 2,190,000, the price per m2 of build area is approximately EUR 5,264. Community fees are currently EUR 0, though this figure may change once the development is fully established. IBI has not yet been assessed for this new-build property. The energy rating is G. Altea Hills attracts long-term international residents and the area has a consistent market for high-value resales.The 1,000 m2 plot provides space for a private garden and pool area in addition to the solarium. Outdoor terracing is typical of villas at this level in Altea Hills, and the hillside position gives the property views towards the coast and surrounding mountains.
Features
- New build
- Solarium
- Private pool
- Private garden
- 4 bedrooms
- 4 bathrooms
- 416 m2 build
- 1,000 m2 plot
- Gated community
- Garage
- Air conditioning
- Underfloor heating
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Built Area | 416 m² |
| Plot Size | 1000 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 16502537-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Altea Hills, Altea · 38.6378, -0.0027
About Altea Hills, Altea
Altea 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 2,190,000 asking price?
As a new-build property, you pay IVA at 10% rather than ITP, which amounts to EUR 219,000. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of approximately EUR 400 to EUR 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 22,869 including VAT at 21%). Total purchase costs are typically 12 to 13% on top of the agreed price.
Can non-residents get a mortgage on this property?
Spanish banks will typically lend non-residents up to 60 to 70% of the purchase price or valuation, whichever is lower. On a property at EUR 2,190,000 this means a deposit of at least EUR 657,000 to EUR 876,000 would be required. Current variable and fixed mortgage rates for non-residents are broadly in the range of 3.5% to 4.5%, though individual offers vary by lender and applicant profile.
What are the ongoing running costs for this villa?
Community fees are currently recorded as EUR 0, though this may be updated once the development is complete and a community of owners is formally constituted. IBI (annual property tax) has not yet been assessed for this new-build; once assessed it will be based on the cadastral value set by the local authority. Utility costs for a 416 m2 villa will depend on usage and occupancy.
Can I arrange a viewing remotely before travelling to Altea?
Yes. We offer video viewings via WhatsApp or video call at a time that suits you. This is a practical first step for buyers based outside Spain. In-person viewings in Altea Hills can be arranged with 24 to 48 hours' notice.
Is there rental potential for this property?
Altea Hills and the wider Altea area on the Costa Blanca attract international visitors throughout the year, with peak demand from June to September. Villas of this size and specification in a gated community can command short-term rental rates that generate meaningful income, though actual returns depend on occupancy, management costs and local licensing requirements. We recommend speaking with a local rental management agency for current market figures.
What steps are involved in buying this villa?
First, you will need a Spanish NIE (foreigner identification number), which can be obtained at a Spanish consulate or in person in Spain. Once you agree terms, a reservation contract is signed and a holding deposit (typically EUR 6,000 to EUR 10,000) is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the price is paid and both parties are legally committed. Completion takes place before a Spanish notary, at which point the balance is paid and the title deed (escritura) is signed and registered.
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
- villa
- Bedrooms
- 4
- Bathrooms
- 4
- Build Size
- 416 m²
- Plot Size
- 1000 m²
- Energy Rating
- G
