New Build 2-Bedroom Apartment in Comunidad valenciana, Relleu
Centro, Relleu · Alicante
2 Bed2 Bath314 m²Built 2010Energy: G
Description
This 2-bedroom apartment in Comunidad valenciana sits on the 1st floor of a residential building, covering 314 m2 of living space. The building dates from 2010. Comunidad valenciana is a residential area within Relleu. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 155,000 works out to EUR 494 per square metre. The energy rating is G. Parking is included. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax.
Features
- Communal pool
- Parking
- Lift
- Parking (2 spaces)
- Gymnasium
- Home automation
- Built-in wardrobes
- Terrace
- Storage room
- Gym
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 314 m² |
| Floor | 1 |
| Year Built | 2010 |
| Energy Certificate | G |
| Reference | 21239159-05 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Relleu · 38.5885, -0.3089
About Centro, Relleu
Relleu 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 total purchase costs?
For this new build at EUR 155,000, you will pay 10% IVA (EUR 15,500), stamp duty of 1.5%, notary fees around EUR 700, land registry approximately EUR 450, and legal fees of about EUR 1,876. Total estimated costs come to approximately EUR 20,851.
Can I get a mortgage?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this apartment at EUR 155,000, a 60% mortgage would be EUR 93,000, requiring a deposit of EUR 62,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 491. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What are the running costs?
Annual running costs for this apartment include: IBI property tax is estimated at EUR 350-600 per year; community fees are typically EUR 40-100 per month for apartments in Relleu; home insurance runs EUR 200-400 annually; utility bills (electricity, water, internet) average EUR 150-250 per month. Non-resident owners also pay annual income tax (IRNR) on a deemed rental value, typically EUR 300-600 per year for a property at this price level.
How can I arrange a viewing?
Contact Aino-Kaisa Lonka to arrange an in-person viewing of this apartment in Comunidad valenciana. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Is this a good rental investment?
Relleu is primarily a residential area. Long-term rentals are more common than holiday lets. A 2-bedroom apartment could appeal to long-term tenants, especially retirees or workers. Rental income is subject to Spanish tax for non-residents. Consult a local agent for current demand levels.
What is the buying process in Spain?
The Spanish buying process starts with obtaining an NIE (foreigner identification number). After agreeing a price, you sign a reservation contract with a deposit (typically EUR 3,000-6,000). The next step is the arras contract, where you pay 10% of the price. Completion takes place at a notary, where the escritura (title deed) is signed and the balance paid. The whole process typically takes 6-10 weeks from reservation to completion.
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Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 314 m²
- Energy Rating
- G
