Top-Floor 3-Bedroom Penthouse in Bonalba-Cotoveta, Mutxamel
Centro, Mutxamel · Alicante
3 Bed2 Bath133 m²Energy: G
Description
This top-floor new-build penthouse in Bonalba-Cotoveta occupies the third floor of a three-storey development and measures 133m2 of internal space. The apartment has 3 bedrooms, 2 bathrooms, built-in wardrobes, and air conditioning throughout. Two allocated parking spaces are included, and the building is served by a lift. Sea views are available from the property.Bonalba-Cotoveta is a residential area within the municipality of Mutxamel, set inland from Alicante city and close to the Bonalba Golf course. The area offers a quieter pace of daily life with easy access to the AP-7 and N-340 road connections. Alicante-Elche Airport is approximately 35 minutes by car, making the location practical for frequent travellers or owners who visit seasonally.Estimated community fees are £145 per month and the estimated annual IBI is £610. The property carries an energy rating of G. The development includes a communal pool and landscaped garden areas. As a new-build unit in Bonalba-Cotoveta, this penthouse suits buyers looking for a ready-to-occupy home with no immediate renovation costs.
Features
- Communal pool
- Terrace
- Lift
- Air conditioning
- Built-in wardrobes
- Sea views
- Two parking spaces
- Security
- Communal garden
- New build
Property Details
| Property Type | Penthouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 133 m² |
| Floor | 3 / 3 |
| Energy Certificate | G |
| Reference | 20642228-16 |
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 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 on top of the asking price?
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. You should also budget for 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 the region's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can non-residents get a mortgage on this property?
Spanish lenders typically offer non-residents a loan-to-value ratio of 60–70%, meaning a deposit of 30–40% of the purchase price is usually required. Current variable and fixed mortgage rates from Spanish banks range broadly between 3.5% and 4.5%, though the rate offered will depend on your financial profile and the lender. We can refer you to an independent mortgage broker experienced in Spanish property finance.
What are the ongoing running costs?
The estimated annual IBI (council tax) is EUR 610. Estimated community fees are EUR 145 per month, covering maintenance of communal areas, the pool, and shared facilities. Both figures are estimates at this stage of the development. Utility costs will depend on individual usage.
Can I view the property remotely before travelling?
Yes. We offer video viewings for buyers who cannot visit in person. A member of our team can walk through the property or the show unit live on a video call, or we can send a pre-recorded walkthrough. In-person viewings can be arranged at mutually convenient times — please contact us to book.
Is this property suitable as a rental investment?
Mutxamel and the Bonalba-Cotoveta area attract mainly long-term residential tenants rather than short-term holiday visitors, given its inland location. Demand from professionals and families relocating to the Alicante area supports long-term letting. If you plan to let the property, we recommend seeking local rental market advice and confirming any licensing requirements with the Valencian Community authorities.
What is the process for buying this property?
You will first need a Spanish tax identification number (NIE), which can be obtained at a Spanish consulate in your home country or at a police station in Spain. Once you agree a price, a reservation deposit is typically paid to take the property off the market. This is followed by a private purchase contract (arras), where a further deposit — commonly 10% of the purchase price — is paid. Completion takes place before a notary, at which point the balance and all taxes are settled and title is transferred. We recommend appointing an independent Spanish solicitor to act on your behalf 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
- penthouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 133 m²
- Energy Rating
- G
