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New-Build 4-Bedroom Villa in Penaguila, Alicante

Centro, Penàguila · Alicante

3 Bed2 Bath130 m²804 m² plotEnergy: A–B

Description

This single-storey new-build villa in Penaguila sits on a private plot of 801 m2 and delivers 155 m2 of internal accommodation across 4 bedrooms and 3 bathrooms. The ground-floor layout makes the full living area immediately accessible, and there are no community fees. Alicante-Elche Airport is approximately 35 minutes by road.Penaguila is a small inland village in the Alicante province, set among the hills of the Comtat region. The village centre has a local market square and access to the walking trails of the surrounding serra. The A-7 motorway connects Penaguila to the coastal towns of Benidorm and Villajoyosa within 40 minutes, giving residents a genuine rural base with straightforward access to the coast.There are no community fees payable on this property. IBI figures are not yet registered for this new build and should be confirmed with the agent prior to exchange. The energy certificate is rated G, which is standard for new rural builds in this area and should be factored into running-cost estimates. The Penaguila area carries no tourist-licence restrictions for primary or secondary residential use, though investors should confirm short-let rules with a local lawyer.The 801 m2 plot provides substantial outdoor space on all sides of the 155 m2 villa. There is room to add a private pool, garden terracing, or parking, subject to local planning permissions. The plot boundary is clearly defined, and the land is flat enough for straightforward landscaping works.

Features

  • New build
  • 4 bedrooms
  • 3 bathrooms
  • 155 m2 build size
  • 801 m2 private plot
  • Ground floor
  • No community fees
  • Rural inland location
  • 35 minutes to Alicante-Elche Airport
  • Energy rating G
  • IVA applicable (new build)

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area130 m²
Plot Size804 m²
Floor0
Energy CertificateA–B
Reference75512906-02

Energy Performance Certificate

New-build homes in Spain must meet the minimum energy performance set by the Código Técnico de la Edificación, so a completed new-build is normally rated A or B. The official certificate is issued on completion.

ARegulatory minimum
B
C
D
E
F
G

Expected rating

A–B

In process

From 1 January 2030, every new building in the EU must be a zero-emission building.


Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Penàguila · 38.6811, -0.3667


About Centro, Penàguila

Penaguila is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What purchase taxes and costs apply to this villa?
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. On top of tax, allow for notary fees of approximately EUR 600–1,200, land-registry fees of approximately EUR 400–800, and legal representation at 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) — worth checking before you budget.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can generally borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is typically required. Current variable and fixed mortgage rates in Spain sit broadly in the 3.5–4.5% range, though your individual rate will depend on your lender, income profile, and the loan term. We can introduce you to a broker who works with international buyers.
What are the ongoing running costs?
There are no community fees on this property. IBI (local council tax) figures are not yet available for this new build and will be set by the local authority after registration; your lawyer can request an estimated figure during due diligence. Budget separately for utilities, home insurance, and any future landscaping or pool installation if you choose to proceed with those works.
Can I view the property remotely before visiting?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agent will walk through the villa and plot live via video call, or we can provide a pre-recorded walkthrough on request. In-person viewings in Penaguila can be arranged with 48 hours' notice.
Is there rental potential for this villa?
Penaguila is an inland rural village rather than a coastal tourist hub, so short-term holiday-let demand is more limited than on the coast. The property would suit long-term rental or use as a primary or secondary residence. Buyers considering any letting use should confirm the applicable tourist-licence rules in the Valencian Community with a local solicitor before purchase.
What are the steps to buying this property?
First, obtain your NIE (Número de Identificación de Extranjero), which is required for all Spanish property transactions. Once you agree terms, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras) in which a deposit of around 10% is exchanged — if the buyer withdraws, the deposit is forfeited; if the developer withdraws, they pay double. Completion takes place before a notary, at which point the balance, taxes, and fees are settled and keys are handed over. We recommend instructing an independent Spanish solicitor before signing any document.

Price

€392,000€3,015/m²

Ref: 75512906-02

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
villa
Bedrooms
3
Bathrooms
2
Build Size
130 m²
Plot Size
804 m²
Energy Rating
A–B