3-Bedroom New-Build Villa in Altea la Vella, Altea
Altea La Vella, Altea · Alicante
3 Bed3 Bath536 m²Energy: G
Description
Built across 536 m2, this 3-bedroom, 3-bathroom new-build villa in Altea la Vella is one of the larger residential footprints currently available in the area. The ground-floor entry level provides easy access throughout, and the build carries an energy rating of G. Air conditioning is installed, and private parking is included within the property.Altea la Vella is a residential quarter set in the hills above the historic centre of Altea, known for its quieter roads and mountain backdrop. The area connects to Altea's old town, with its cobbled streets and weekly market on the Plaza de la Iglesia, within a short drive. Altea la Vella sits roughly 35 minutes by road from Alicante-Elche Airport, which serves a broad range of direct routes throughout Europe.There are no community fees attached to this property. IBI figures are not yet confirmed and should be verified with the agent. 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. Reduced rates and local allowances may apply if you meet this region's conditions, such as age, large-family or disability status, or buying a primary residence, and this is worth checking before you budget.The villa benefits from mountain views across the surrounding hills of Altea la Vella. Outdoor space, including a terrace and garden area, forms part of the build. A pool area is present; buyers should confirm the current specification and completion status with the agent.
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 purchase taxes and costs should I budget for?
As a new build in the Valencian Community, this property is subject to IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4% of the purchase price. ITP does not apply to new-build purchases. Tax is assessed on the higher of the price paid and the property's official reference value, so treat any estimate based on the asking price as a minimum. Reduced rates and local allowances may apply depending on your circumstances, for example age, large-family or disability status, or primary-residence purchase. Beyond tax, allow for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal representation at approximately 1% of the purchase price plus VAT.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can generally borrow up to 60–70% of the purchase price or bank valuation (whichever is lower), meaning a deposit of 30–40% is typically required. Current variable and fixed rates from Spanish lenders range broadly between 3.5% and 4.5%, though your rate will depend on your lender, term, and financial profile. We recommend obtaining a mortgage-in-principle before proceeding.
What are the ongoing running costs for this villa?
There are no community fees for this property. IBI (annual council tax) figures have not yet been confirmed for this new build and should be verified with the agent or local town hall before exchange. Utility costs will depend on usage and occupancy.
How can I arrange a viewing?
Viewings can be arranged in person at the property in Altea la Vella. If you are based outside Spain or prefer a remote introduction, we can organise a live video viewing at a time that suits you. Contact the OceanHome team to book either option.
Does this villa have rental potential?
Altea and the surrounding Costa Blanca North attract visitors throughout the year, particularly between spring and autumn. New-build villas of this size in Altea la Vella can be suitable for tourist letting, subject to obtaining the relevant Valencian Community tourist licence. Rental yields will depend on occupancy, pricing strategy, and management costs. We recommend taking independent advice before factoring rental income into your purchase decision.
What does the purchase process involve?
You will first need a Spanish tax identification number (NIE), which your solicitor can apply for on your behalf. Once you have agreed terms, a reservation contract is signed and a holding deposit paid to take the property off the market. This is followed by a private purchase contract (arras), at which point a further deposit, typically 10% of the purchase price, is paid. Completion takes place before a notary, at which point the remaining balance and all taxes and fees are settled. For new builds, it is important to confirm the completion timeline and any stage payments with the developer.
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
