New Build 2-Bedroom Apartment in Playa de Poniente, Benidorm
Playa de Poniente, Benidorm · Alicante
2 Bed2 Bath138 m²Energy: G
Description
A 138 m2 2-bedroom apartment on the Playa de Poniente side of Benidorm, priced at EUR 1,058,000. Playa de Poniente is a residential area within Benidorm. The nearest beach is The price of EUR 1,058,000 works out to EUR 7,667 per square metre. The energy rating is G. Parking is included. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
Communal pool
Near beach
Terrace
Parking
Lift
Parking (2 spaces)
Jacuzzi
Sauna
Gymnasium
Tennis court
Property Details
Property Type
Apartment
Bedrooms
2
Bathrooms
2
Built Area
138 m²
Floor
0 / 39
Energy Certificate
G
Reference
66854065-01
Distances & Nearby
🏖
beach
< 1 km
✈️
airport
35 min (Alicante-Elche ALC)
Location
Playa de Poniente, Benidorm · 38.5340, -0.1598
About Playa de Poniente, Benidorm
Playa de Poniente is Benidorm's prestigious western beach, stretching over 3 km with a modern promenade designed by renowned architect Carlos Ferrater. Less crowded than Levante, it attracts a more upscale residential market and offers direct sunset views over the Mediterranean. The area benefits from waterfront dining, a growing number of luxury developments, and excellent transport links along the coast.
For this new build at EUR 1,058,000, you will pay 10% IVA (EUR 105,800), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 12,802. Total estimated costs come to approximately EUR 136,472.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 1,058,000, a 60% mortgage would be EUR 634,800, requiring a deposit of EUR 423,200. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 3351. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this apartment include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Benidorm; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How do I see this property?
Contact Maya Kallio to arrange an in-person viewing of this apartment in Playa de Poniente. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
Benidorm has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom apartment in Playa de Poniente can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.