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Discover hand-picked properties with high yield potential and strong capital appreciation in the most sought-after areas of Alicante.

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New Build

1,200,000 €

Altea, Alicante, Spain

Villa Altea

5 Beds

4 Baths

0 Pool

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FAQ

Frequently Asked
Questions

Everything you need to know about buying, investing, and living in Costa Blanca.

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General Process 5 questions

The process involves selecting a property, making a reservation, signing a private contract, and completing the purchase in the notary.

For a second-hand property purchase it takes between 4 to 8 weeks, depending on legal checks and financing. For a new build it can take from 1 month to 3 years, depending on the stage of construction when you buy.

Yes, the purchase can be completed remotely through a power of attorney.

You will need a passport and NIE number. You will also be required to provide proof of the source of funds to comply with legal and financial regulations.

Yes, a Spanish bank account is typically required to manage payments and ongoing expenses. If you already have an EU bank account, you can use it for maintenance costs, but opening a Spanish account is recommended for easier management.

International Buyers 5 questions

The NIE is a foreign identification number required for any legal or financial transaction in Spain. It can be obtained at a Spanish consulate abroad or at a police station in Spain.

Yes, non-residents can obtain a mortgage, usually financing 60–70% of the property value.

Non-residents must comply with additional administrative and financial requirements, but the process is straightforward with proper guidance.

A lawyer is highly recommended to ensure legal security and review all documentation.

Yes, a power of attorney allows a legal representative to complete the entire process on your behalf.

Costs & Financing 5 questions

Buyers should expect around 12–13% in additional costs, including taxes and legal fees.

A deposit of 10% is typically required at the private contract stage for resale properties. In new developments, the reservation deposit usually ranges from €6,000 to €25,000 depending on the final price.

Most banks finance between 60% and 70% of the property value for non-residents.

Mortgage conditions vary, but include fixed or variable rates and require proof of income and financial stability.

Yes, there are annual property taxes (IBI) and community maintenance costs to consider.

Investment 4 questions

Costa Blanca offers strong demand, lifestyle appeal, and stable long-term value, making it one of the most sought-after investment destinations in Spain.

Apartments with 1–2 bedrooms in prime locations close to the beach or golf resorts tend to generate the strongest rental demand and returns.

Location, property type, demand, management quality, and local council regulations and restrictions all directly affect profitability.

Yes, advisory services include commercial assets, hotels, and large-scale investment projects.

Property Types 3 questions

New build properties are newly constructed, while resale properties have had previous owners. New builds often come with modern standards and developer warranties.

New builds offer modern standards and guarantees, but require proper evaluation of the developer, project stage, and legal protections.

It is important to assess the developer's track record, construction timelines, legal guarantees, and bank guarantees that protect your deposit.

Legal & Security 2 questions

Yes, all key documentation — including title deeds, planning licences, and encumbrances — is thoroughly reviewed before proceeding with the purchase.

The notary ensures the transaction is legally valid, witnesses the signing of the title deed, and facilitates registration of the property in your name.

Services 4 questions

A comprehensive, end-to-end real estate service is offered, covering property search, sales and investment advisory, market analysis, negotiation, legal coordination, NIE assistance, bank account setup, financing management, relocation support, and post-purchase property management.

Yes, full assistance is provided with utilities connection, local taxes, and all administrative procedures following the purchase.

Yes, comprehensive support is available for relocation, residency applications, and settling into your new life in Spain.

Yes, ongoing support and full property management services — including rental management — are available after purchase.

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