New Build 2-Bedroom Penthouse in Las Azaleas, Villajoyosa
Las Azaleas, Villajoyosa · Alicante
2 Bed2 Bath85 m²Energy: G
Description
A 2-bedroom penthouse in the Las Azaleas area of Villajoyosa, listed at EUR 550,000 for 85 m2. Las Azaleas is a residential area within Villajoyosa. The closest airport is 35 min (Alicante-Elche ALC). The price of EUR 550,000 works out to EUR 6,471 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.
Features
- Communal pool
- Terrace
- Lift
- Fitted kitchen
- Electric blinds
- Air conditioning
- Built-in wardrobes
- Garden
- Storage room
- Near beach
Property Details
| Property Type | Penthouse |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 85 m² |
| Floor | 8 |
| Energy Certificate | G |
| Reference | 11993807-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Las Azaleas, Villajoyosa · 38.5296, -0.1750
About Las Azaleas, Villajoyosa
Las Azaleas is a modern residential area straddling the border between Villajoyosa and Benidorm, offering residents easy access to both towns. The neighbourhood benefits from proximity to Villajoyosa's charming old town and chocolate museums, whilst Benidorm's beaches, theme parks, and cosmopolitan nightlife are just minutes away along the coastal road.
Frequently Asked Questions
What fees should I budget for?
For this new build at EUR 550,000, you will pay 10% IVA (EUR 55,000), stamp duty of 1.5%, notary fees around EUR 1200, land registry approximately EUR 800, and legal fees of about EUR 6,655. Total estimated costs come to approximately EUR 71,905.
What mortgage options exist?
Non-resident buyers can typically borrow up to 60-70% of the purchase price. For this penthouse at EUR 550,000, a 60% mortgage would be EUR 330,000, requiring a deposit of EUR 220,000. At current variable rates around 4%, monthly repayments over 25 years would be approximately EUR 1742. 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 OceanHome Team to arrange an in-person viewing of this penthouse in Las Azaleas. 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 Las Azaleas 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.
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
- penthouse
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 85 m²
- Energy Rating
- G
