New-Build 3-Bedroom Villa in Altea la Vella, Altea
Altea La Vella, Altea · Alicante
3 Bed3 Bath536 m²Energy: G
Description
This new-build villa in Altea la Vella offers 536 m2 of built space across 3 bedrooms and 3 bathrooms, priced at EUR 1,395,000. The build size places it firmly in the upper tier of residential construction in the Altea area, giving each room generous proportions. Floor-level access makes the main living areas practical and accessible throughout. The property carries an energy rating of G, which is typical of larger new builds at this stage of development.Altea la Vella sits in the hills above the coastal town of Altea, a municipality known for its white-washed old quarter and the characteristic blue-domed church visible for kilometres along the Costa Blanca. The neighbourhood is quieter than the seafront zones, with winding roads giving way to open mountain views. Altea's Playa del Albir and Playa de la Roda are both within a short drive, and the local market in the old town runs on Tuesday and Saturday mornings. Alicante-Elche Airport is approximately 35 minutes by car, making the villa straightforward to reach from the UK.At EUR 1,395,000, the price per m2 works out at approximately EUR 2,603. As a new build in the Valencia region, the applicable purchase tax is IVA at 10 per cent rather than ITP, which amounts to EUR 139,500. There are no community fees associated with this property. The annual IBI figure is not yet available and should be confirmed with the agent. The absence of community charges reduces the ongoing cost base compared with many villa developments in Altea la Vella.Specific details on the plot size, terrace dimensions, pool and garden configuration are available on request from the agent. Given the build footprint of 536 m2 and the hillside setting of Altea la Vella, buyers should ask for the full site plan and specification sheets to confirm outdoor areas, orientation and any communal or private pool provision.
Features
- New build
- 3 bedrooms
- 3 bathrooms
- 536 m2 build area
- Ground-floor access
- No community fees
- Air conditioning
- Private parking
- Mountain views
- 35 minutes from Alicante-Elche Airport
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Built Area | 536 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 23516241-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Altea La Vella, Altea · 38.6331, -0.0663
About Altea La Vella, 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 1,395,000 asking price?
As this is a new-build property in the Valencia Community (Alicante province), IVA applies at 10%, which amounts to EUR 139,500. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 14,000–16,000 including VAT). Budget for total purchase costs of roughly 12–13% above the asking price.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish banks typically lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is required. On EUR 1,395,000 that equates to a deposit of approximately EUR 418,500–558,000. Current variable and fixed mortgage rates in Spain range from around 3.5% to 4.5%, though rates vary by lender and applicant profile. OceanHome can refer you to an independent mortgage broker with experience in non-resident applications.
What are the ongoing running costs for this villa?
This property has no community fees, which reduces monthly outgoings compared with many villa developments in Altea la Vella. The annual IBI (local council tax) figure is not yet confirmed and should be requested from the agent before exchange. Basura (rubbish collection) charges are also pending confirmation. Utility connection and supply costs will depend on usage and the final specification of the property.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings via WhatsApp or video call for buyers who cannot travel to Altea la Vella immediately. We can walk through the property and the surrounding area in real time. In-person viewings are available by appointment and can be coordinated with other Altea or Costa Blanca properties on the same visit to make the most of your trip.
Does Altea la Vella have rental potential?
Altea and the wider Costa Blanca North attract consistent visitor numbers, particularly from northern Europe, and quality new-build villas in elevated positions with views can command strong short-term rental rates during the summer months. However, rental licensing rules in the Valencia Community require a tourist licence (Vivienda de Uso Turístico), and regulations continue to evolve. We do not quote yield percentages as these depend on occupancy, management costs and seasonal demand. Speak to the agent for current local rental market context.
What are the main steps in the purchase process?
First, you will need a Spanish fiscal identification number (NIE), obtainable at a Spanish consulate in the UK or at a police station in Spain. Once you have agreed the price, 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), at which point 10% of the price is usually paid. The transaction is completed before a Spanish notary, at which point the balance is transferred and the title deed (escritura) is signed. A Spanish solicitor independent of the agent is strongly recommended throughout.
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
- 3
- Bathrooms
- 3
- Build Size
- 536 m²
- Energy Rating
- G
