A 2-bedroom penthouse in the Villajoyosa area of Villajoyosa, listed at EUR 470,000 for 151 m2. The property is located in Villajoyosa. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 470,000 works out to EUR 3,113 per square metre. The energy rating is G. The building has a lift. As a new build, buyers pay 10% IVA (VAT) instead of transfer tax. Residents share a communal swimming pool. A private solarium offers open-air relaxation.
Features
Communal pool
Near beach
Terrace
Solarium
Lift
Security
Property Details
Property Type
Penthouse
Bedrooms
2
Bathrooms
2
Built Area
151 m²
Floor
3
Energy Certificate
G
Reference
74062330-02
Distances & Nearby
✈️
airport
35 min (Alicante-Elche ALC)
Location
Centro, Villajoyosa · 38.5101, -0.2296
About Centro, Villajoyosa
Central Villajoyosa retains the authentic charm of a traditional Valencian fishing town, with its iconic rows of brightly painted houses lining the riverbank and harbour. The town centre offers a genuine working community with a daily fish market, artisan chocolate shops, and traditional tapas bars, while the nearby yacht club and marina cater to sailing enthusiasts. The beach is sandy and uncrowded compared to neighbouring Benidorm, making it a favoured spot for discerning buyers.
For this new build at EUR 470,000, you will pay 10% IVA (EUR 47,000), stamp duty of 1.5%, notary fees around EUR 900, land registry approximately EUR 650, and legal fees of about EUR 5,687. Total estimated costs come to approximately EUR 61,287.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 470,000, a 60% mortgage would be EUR 282,000, requiring a deposit of EUR 188,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1488. Spanish banks require proof of income, tax returns, and a credit report from your home country.
What ongoing costs should I expect?
Annual running costs for this penthouse include: IBI property tax is estimated at EUR 500-900 per year; community fees are typically EUR 40-100 per month for apartments in Villajoyosa; 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 do I see this property?
Contact Marco Elsinger to arrange an in-person viewing of this penthouse in Villajoyosa. Video viewings are also available for overseas buyers who cannot visit immediately. Viewings can usually be arranged within 24-48 hours.
Can I rent this property out?
Villajoyosa has strong holiday rental demand, particularly from Northern European visitors during the winter months and Spanish tourists in summer. A 2-bedroom penthouse in Villajoyosa can attract bookings year-round. You will need a tourist licence from the regional government. Note that rental income is subject to Spanish tax for non-residents.
What steps are involved in buying?
To buy in Spain, you first need an NIE (tax identification number for foreigners). The purchase begins with a reservation deposit, followed by a private contract (contrato de arras) with 10% down payment. A Spanish lawyer should review the property title, check for debts, and verify planning permissions. The sale completes at a notary office where the deed is signed and registered. Budget 6-10 weeks for the full process.