Large New-Build Villa in Altea Hills, Altea
Altea Hills, Altea · Alicante
4 Bed3 Bath785 m²1297 m² plotEnergy: G
Description
At 785 m2 of built space on a 1,297 m2 plot, this new-build villa in Altea Hills is one of the largest residential properties currently available in the urbanisation. The layout delivers 4 bedrooms and 3 bathrooms across a single ground-floor level, with a build-to-plot ratio that leaves over 500 m2 of outdoor space surrounding the property. Alicante-Elche Airport is approximately 35 minutes by car, making the location practical for international travel.Altea Hills is a gated residential area positioned above the town of Altea, known for its private roads and plots with open views towards the Mediterranean coastline. The urbanisation sits within a short drive of Altea's old town, where the Calle Mayor and the weekly Thursday market on the Paseo de la Explanada are established local landmarks. The Blue Flag beach at Altea town centre and the marina at nearby Cap Negret are both reachable within 10 minutes by car.Priced at EUR 3,450,000, the price per m2 of built area is approximately EUR 4,395. As a new-build property in the Valencia region, the applicable purchase tax is IVA at 10%, which amounts to EUR 345,000. Additional costs include notary fees of approximately EUR 600 to EUR 1,200, land registry fees of around EUR 400 to EUR 800, and legal fees of approximately 1% of the purchase price plus VAT. No community fees are registered. IBI has not yet been assessed for this property. The energy rating is G.The 1,297 m2 plot provides substantial space for a private pool, garden and terraces, subject to the buyer's specification and any applicable planning conditions within the Altea Hills urbanisation. The ground-floor position means all principal rooms and outdoor areas are directly accessible without stairs.
Features
- New build
- 4 bedrooms
- 3 bathrooms
- 785 m2 build
- 1,297 m2 plot
- Ground floor
- Gated urbanisation
- Alarm system
- Private plot
- Private parking
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 785 m² |
| Plot Size | 1297 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 32529119-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Altea Hills, Altea · 38.6412, -0.0081
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 3,450,000 asking price?
As a new-build property, you pay IVA (VAT) at 10% rather than transfer tax, which equals EUR 345,000. Notary fees typically run EUR 600 to EUR 1,200, land registry fees EUR 400 to EUR 800, and independent legal representation around 1% of the purchase price plus VAT (approximately EUR 34,500 plus VAT). Budget for total acquisition costs of roughly 12 to 13% above the purchase price.
Can non-residents obtain a mortgage for this property?
Yes. Spanish lenders generally offer non-residents up to 60 to 70% loan-to-value on a property at this price point, meaning a deposit of 30 to 40% (EUR 1,035,000 to EUR 1,380,000) is typically required. Variable and fixed rates currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. We can refer you to independent mortgage brokers with experience in this market.
What are the ongoing running costs for this villa?
No community fees are registered for this property. IBI (annual council tax) has not yet been assessed, as this is a new-build; once the property is registered with the catastro, IBI will be calculated based on the rateable value set by the Altea town hall. We recommend budgeting for utilities, home insurance and any private security costs applicable within Altea Hills.
Can I view this property remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot visit in person at this stage. Our agents can walk through the plot, show surrounding roads and discuss the build specification in real time. An in-person viewing can be arranged once you are ready to visit Altea Hills directly.
Is this villa suitable for holiday rental income?
Altea Hills is primarily a residential urbanisation and many properties are owner-occupied year-round. Short-term holiday rental requires a Vivienda de Uso Turístico licence from the Generalitat Valenciana; availability of licences in this area should be confirmed with a local solicitor before purchase. We do not provide yield estimates, but the size and specification of the property positions it in the premium end of the long-term rental market.
What is the legal process for buying this property?
First, obtain a Spanish NIE (tax identification number), which is required for any property transaction. You then sign a reservation agreement and pay a holding deposit, followed by a private purchase contract (arras) where typically 10% of the price is paid. The balance is settled on the day of completion before a notary, at which point the title deed (escritura) is signed and the property is registered in your name. We recommend appointing an independent Spanish solicitor from the outset.
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
- 3
- Build Size
- 785 m²
- Plot Size
- 1297 m²
- Energy Rating
- G
