A new-build penthouse on the third floor of a residential complex in Redovan, offering 89 m2 of interior space across 3 bedrooms and 2 bathrooms. The apartment includes a private solarium, home automation throughout, electric blinds, air conditioning, and built-in wardrobes. A dedicated parking space and a separate storage room are included with the purchase.Redovan is a small inland town in the Vega Baja del Segura comarca, roughly 35 minutes from Alicante-Elche Airport (ALC) by car. The town centre sits within walking distance of the complex, with everyday amenities including local supermarkets, a weekly market, and the Parque Municipal on Calle Mayor. The wider area provides easy access to the larger towns of Orihuela and Torrevieja for additional services and shopping.Estimated community fees are approximately EUR 120 per month and the estimated annual IBI (council tax) is EUR 290. The property carries an energy rating of G. The complex benefits from lift access and a security system.
Features
Terrace
Solarium
Parking
Lift
Security system
Electric blinds
Home automation
Air conditioning
Built-in wardrobes
Storage room
Property Details
Property Type
Penthouse
Bedrooms
3
Bathrooms
2
Built Area
93 m²
Floor
3
Energy Certificate
A–B
Reference
21885230-02
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
< 29kWh/m²
B
29 – 49kWh/m²
C
50 – 79kWh/m²
D
80 – 119kWh/m²
E
120 – 179kWh/m²
F
180 – 239kWh/m²
G
> 240kWh/m²
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, Redován · 38.1146, -0.9111
About Centro, Redován
Redovan 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.
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. 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 the region's conditions — for example age, large-family or disability status, or buying a primary residence — worth checking before you budget.
Can I get a mortgage as a non-resident buyer?
Spanish lenders typically offer non-resident buyers a mortgage of up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Variable and fixed rates currently range from approximately 3.5% to 4.5%, depending on the lender and your financial profile. We can connect you with independent mortgage brokers familiar with this market.
What are the ongoing running costs?
The estimated annual IBI (council tax) is EUR 290 and estimated community fees are EUR 120 per month. Both figures are estimates at this stage. There is no confirmed basura (waste collection) charge in the listing data; ask the agent for the current annual amount.
How do I arrange a viewing?
Viewings can be arranged in person or as a live video tour if you are not yet in Spain. Contact OceanHome to schedule either option at a time that suits you. We recommend confirming availability at least 48 hours in advance for new-build site visits.
What is the rental potential for this property?
Redovan is an inland residential town rather than a primary tourist destination, so short-term holiday rental demand is limited compared with coastal areas. The property may suit longer-term residential letting. Speak to a local letting agent for current market rental valuations specific to this town.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which is a tax identification number required for all Spanish property transactions. Once an offer is agreed, a reservation fee is typically paid to secure the property, followed by a private purchase contract (arras) in which a deposit — usually 10% of the purchase price — is paid. The balance is paid at completion before a notary, who oversees the transfer of title and registers the sale.