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New-Build 3-Bedroom Bungalow in Cerro del Sol, San Miguel

Cerro Del Sol, San Miguel de las Salinas · Alicante

3 Bed2 Bath66 m²Energy: G

Description

This new-build bungalow on the second floor of a 20-unit development in Cerro del Sol, San Miguel De Salinas, offers 66 m² of interior space across 3 bedrooms and 2 full bathrooms. The development includes only 20 homes in total, providing a compact, low-density environment. Each unit comes with air conditioning, built-in appliances, electric shutters, and a video intercom. Two parking spaces are allocated per property, and a private solarium sits above the unit for exclusive use.Cerro del Sol is a residential area set on raised ground on the southern edge of San Miguel De Salinas, with open views towards the Laguna Salada de Torrevieja and the surrounding countryside. The village centre of San Miguel De Salinas is within a short drive, where you will find local shops, a weekly market, bars, and restaurants serving traditional Alicante cooking. The Costa Blanca's coastal resorts, including Torrevieja and La Zenia, are accessible within roughly 15 minutes by car.Alicante-Elche Airport is approximately 35 minutes away by road, making Cerro del Sol a practical base for owners who travel frequently or plan to use the property seasonally. The energy rating is G. Community fees are currently set at zero; buyers should confirm whether a fee will be levied once the development is complete. IBI has not yet been assessed for this new-build property.

Features

  • Communal pool
  • Solarium
  • Parking (2 spaces)
  • Air conditioning
  • Built-in appliances
  • Electric shutters
  • Video intercom
  • Built-in wardrobes
  • 2 full bathrooms
  • New build

Property Details

Property TypeBungalow
Bedrooms3
Bathrooms2
Built Area66 m²
Floor2
Energy CertificateG
Reference83231198-06

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Cerro Del Sol, San Miguel de las Salinas · 37.9542, -0.7955


About Cerro Del Sol, San Miguel de las Salinas

San Miguel De Salinas is one of the most popular destinations on Spain's Costa Blanca.


Frequently Asked Questions

What purchase costs should I budget for beyond 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 1.5%. ITP does not apply. Additional costs include notary fees (typically EUR 600–1,200), land registry fees (EUR 400–800), and legal representation at around 1% of the purchase price plus VAT. Budgeting 13–14% on top of the purchase price is a reasonable working estimate.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% is generally required. Current variable and fixed mortgage rates from Spanish lenders sit in the range of 3.5–4.5% per annum, though this will vary by lender and individual circumstances. A mortgage broker familiar with the Spanish market can help compare options.
What are the ongoing running costs for this property?
Community fees are currently listed as zero. Buyers should confirm with the developer whether a maintenance charge will apply once the communal pool and shared areas are operational. IBI (local property tax) has not yet been assessed for this new-build; the figure will be set by the San Miguel De Salinas town hall once the property is registered. Basura (refuse collection) charges are also pending registration.
How can I arrange a viewing?
Viewings can be booked in person by contacting the OceanHome team directly. If you are based outside Spain, we can arrange a live video viewing via WhatsApp or video call so you can walk through the property and ask questions in real time before committing to travel.
Is this property suitable for short-term rental?
San Miguel De Salinas is an inland village rather than a coastal resort, so demand for short-term tourist lets is more limited than at beachside locations on the Costa Blanca. The proximity to Torrevieja and the Orihuela Costa means there is some seasonal interest. Buyers considering rental use should speak to a local management company about realistic occupancy levels and check current Valencian Community licensing requirements for tourist accommodation.
What does the purchase process involve?
You will first need an NIE (Número de Identificación de Extranjero), which your solicitor can obtain on your behalf. Once you have agreed terms, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (known as arras or contrato de compraventa) at which point a further deposit is typically paid. The transaction completes before a notary, at which point the balance is transferred and the title deeds are signed. The whole process from reservation to completion on a new build can take several months depending on the construction stage.

Price

€425,000€6,439/m²

Ref: 83231198-06

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
bungalow
Bedrooms
3
Bathrooms
2
Build Size
66 m²
Energy Rating
G