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Top-Floor 2-Bedroom Penthouse in Bonalba-Cotoveta, Mutxamel

Centro, Mutxamel · Alicante

2 Bed2 Bath111 m²Energy: G

Description

This 111m2 new-build penthouse occupies the entire third and top floor of a residential development in Bonalba-Cotoveta, Mutxamel, with sea views from the terrace. The apartment has 2 bedrooms, 2 bathrooms, built-in wardrobes, and air conditioning throughout. Two allocated parking spaces are included, along with access to a communal pool and garden.Bonalba-Cotoveta is a low-density residential area in the municipality of Mutxamel, set in the hills inland from Alicante city. The Bonalba Golf course is within the neighbourhood, and the AP-7 motorway provides direct access to Alicante city centre in around 20 minutes. Alicante-Elche Airport (ALC) is approximately 35 minutes by car.Community fees are estimated at EUR 135 per month and IBI at EUR 570 per year. The property carries an energy rating of G. The development is secured and served by a lift.

Features

  • Communal pool
  • Terrace
  • Lift
  • Parking (2 spaces)
  • Security
  • Air conditioning
  • Built-in wardrobes
  • Communal garden
  • Sea views
  • New build

Property Details

Property TypePenthouse
Bedrooms2
Bathrooms2
Built Area111 m²
Floor3 / 3
Energy CertificateG
Reference20642228-17

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Mutxamel · 38.4500, -0.4321


About Centro, Mutxamel

Mutxamel is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.


Frequently Asked Questions

What are the purchase costs for a new-build property in the Valencian Community?
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. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet this region's conditions — for example, age, large-family or disability status, or buying a primary residence — and it is worth checking before you budget.
Can I get a mortgage as a non-resident buyer in Spain?
Non-resident buyers can typically access mortgage financing from Spanish lenders. Most banks require a deposit of 30–40% of the purchase price, with current variable and fixed rates generally ranging from 3.5% to 4.5%. A mortgage broker with experience in Spanish property purchases can help identify the most suitable options for your circumstances.
What are the estimated running costs for this penthouse?
Community fees are estimated at EUR 135 per month, covering maintenance of the communal areas, pool, and garden. Annual IBI (local property tax) is estimated at EUR 570. These figures are estimates and may vary once the development is fully registered. Utility costs such as electricity and water will depend on personal usage.
Can I view the property remotely before travelling to Spain?
Yes. We can arrange a video viewing at a time convenient to you, allowing you to walk through the property and ask questions in real time. We also provide detailed photographs and, where available, floor plans and development brochures. In-person visits to Bonalba-Cotoveta can be arranged with advance notice.
Is there rental potential for this penthouse?
Bonalba-Cotoveta is a residential area rather than a primary tourist zone. Short-term holiday rental demand is more limited here than on the coast, though long-term rental to professionals and families relocating to the Alicante area is a realistic option given the proximity to the city and the airport. We recommend taking local rental market advice before committing to a rental strategy.
What is the typical purchase process for a property in Spain?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf. Once a price is agreed, a reservation contract is signed and a small deposit is paid to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa) in which typically 10% of the purchase price changes hands. Completion takes place before a notary, at which point the balance, taxes, and fees are paid and the title deed (escritura) is signed in your name.

Price

€437,000€3,937/m²

Ref: 20642228-17

Maya Kallio
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
penthouse
Bedrooms
2
Bathrooms
2
Build Size
111 m²
Energy Rating
G