Nybyggd 2-rumslägenhet nära stranden i Santa Pola, Costa Blanca

As a new-build in Alicante province, you pay IVA at 10% instead of ITP. On EUR 275,000 that is EUR 27,500. Add notary fees (approximately EUR 600–1,200), land registry fees (EUR 400–800), and solicitor fees of around 1% plus VAT (roughly EUR 3,025). Total acquisition costs typically run to 12–14% of the purchase price.

Non-resident buyers can generally obtain a mortgage in Spain, though lenders typically require a deposit of 30–40% of the purchase price. On EUR 275,000 that means providing EUR 82,500–110,000 upfront. Current variable and fixed rates range broadly between 3.5% and 4.5% depending on the lender and your financial profile. We recommend obtaining a mortgage offer in principle before proceeding.

Community fees are currently listed at EUR 0 per month; this figure may change once the development completes its handover process. IBI (annual council tax) and basura (refuse collection) figures are not yet available for this new-build and will be confirmed by the local council once the property is registered. These costs are therefore estimated at this stage.

Yes. We offer video viewings for buyers who are unable to travel to Santa Pola at short notice. Our agents can conduct a live video walkthrough of the development and show you the communal areas, parking and any show unit available. Contact us to schedule a date and time that suits you.

Santa Pola is a coastal town in Alicante province that attracts both domestic and international visitors during the summer months. New-build apartments with communal pools and parking can perform well in the short-term rental market, subject to obtaining the required tourist licence from the Valencia Community. We recommend consulting a local property manager for realistic occupancy and income projections before committing.

You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate abroad or at a national police station in Spain. Once you have chosen to proceed, you pay a reservation fee to take the property off the market, followed by a private purchase contract (arras or contrato de compraventa) where typically 10% of the price is paid. The balance is settled at a notary appointment where the title deeds are signed. For new-builds, the process may also involve stage payments during construction; your solicitor will advise on the specific schedule.