3-Bedroom New-Build Apartment in Bonalba-Cotoveta, Mutxamel
Centro, Mutxamel · Alicante
3 Bed2 Bath115 m²Energy: G
Description
This new-build apartment on the third floor of a four-storey building in Bonalba-Cotoveta offers 115 m2 of internal living space across 3 bedrooms and 2 bathrooms. The development includes a communal pool, a lift serving all floors, and 2 allocated parking spaces. Energy certification is rated G, which is standard for many new properties currently under registration in the Valencia region.Bonalba-Cotoveta sits in the municipality of Mutxamel, roughly 10 kilometres north of Alicante city centre, in the foothills of the Sierra de Cabrera. The area is known for the Bonalba Golf course, which is directly adjacent to the urbanisation, and for low-density residential streets with good road access to the N-340 and AP-7 motorway. Alicante-Elche Airport is approximately 35 minutes by car. Mutxamel town centre, with its weekly market and everyday shops, is around 3 kilometres from Bonalba-Cotoveta.At EUR 350,750, the price per m2 works out to approximately EUR 3,050. As a new build, the applicable purchase tax is IVA at 10 percent rather than the resale transfer tax, adding EUR 35,075. Notary fees typically range from EUR 600 to EUR 1,200, land registry fees from EUR 400 to EUR 800, and legal fees around 1 percent of the purchase price plus VAT. Community fees are currently registered at EUR 0 and buyers should confirm any future community charge with the developer before exchange. IBI has not yet been assigned to this unit.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 115 m2 internal area
- Third floor
- Lift
- Communal pool
- 2 parking spaces
- Four-storey building
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 115 m² |
| Floor | 3 / 4 |
| Energy Certificate | G |
| Reference | 20642228-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Mutxamel · 38.4500, -0.4321
About Centro, Mutxamel
Mutxamel 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 350,750 asking price?
Because this is a new build, you pay IVA at 10% instead of transfer tax, which amounts to EUR 35,075. On top of that, budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (roughly EUR 4,230 before VAT). Total additional costs typically run to EUR 40,000–42,000.
Can I get a mortgage as a non-resident buyer?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is required. On EUR 350,750 that equates to roughly EUR 105,225–140,300 upfront. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5% AER, though terms vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
Community fees are currently recorded as EUR 0. Confirm with the developer whether a community charge will apply once the building is handed over. IBI (council tax) has not yet been assigned to this unit and will be set by Mutxamel town hall once the property is registered. Ask the agent for an estimated figure based on comparable properties in Bonalba-Cotoveta.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call so you can see the development and ask questions in real time. Contact us to schedule a session at a time that suits you.
What is the rental potential in Bonalba-Cotoveta, Mutxamel?
Bonalba-Cotoveta is primarily a residential and golf urbanisation rather than a high-volume tourist area. Long-term rentals are more common here than short-term holiday lets. Demand comes largely from professionals working in Alicante city and families relocating within the province. We recommend speaking with a local letting agent for current market rental rates before making any income assumptions.
What does the purchase process involve in Spain?
First, you will need a Spanish tax identification number (NIE), which can be obtained at a consulate abroad or a Spanish police station. Once a price is agreed, a reservation contract is signed and a small 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) where a further deposit, usually 10%, is paid. Completion takes place before a notary, at which point the remaining balance is transferred and keys are handed over. A solicitor is not legally required but is strongly advised.
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
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 115 m²
- Energy Rating
- G
