Question 1

How much does this property cost?

Accepted Answer

€269,780. This represents exceptional value for a 3-bedroom villa in Fuente Álamo with modern finishes and 181m² plot. Compared to equivalent properties in Ibiza or Mallorca (€450,000+), you're paying 40% less while receiving the same quality construction and modern amenities. Payment options including mortgages and phased payments are available for qualified buyers.

Question 2

Is Costa Blanca a good place to buy property?

Accepted Answer

Yes. The Costa Blanca offers excellent value, established expat communities, Mediterranean climate, and consistent property appreciation (8% year-on-year in Fuente Álamo). Unlike overcrowded coastal resorts, inland areas like Fuente Álamo combine affordability with authentic Spanish living, international schools, and healthcare. Families specifically benefit from lower costs, safer communities, and stronger local networks than traditional tourist areas.

Question 3

Can foreigners buy property in Spain?

Accepted Answer

Yes. Non-EU and EU citizens can purchase Spanish property with minimal restrictions. The process requires an NIE (Spanish identification number), non-resident tax number, and bank account—manageable steps typically completed within 4-6 weeks through a local gestoría (administrative firm). British citizens post-Brexit have identical purchasing rights. Legal processes are well-established with English-speaking lawyers and agents available throughout Fuente Álamo.

Question 4

What are the costs of buying property in Spain?

Accepted Answer

Beyond purchase price, expect approximately 8-10% in additional costs including: transfer tax (6-8%), legal fees (0.5-1%), survey/inspection (0.3%), and registration fees (0.1-0.5%). Mortgage costs vary by lender and loan-to-value ratio but average 3-4% APR for quality applicants. Annual ownership costs include property tax (0.4-1.1% annually), utilities (€80-120 monthly), and insurance (€200-300 annually)—all significantly lower than UK equivalents.

Question 5

Can I get a mortgage in Spain as a foreigner?

Accepted Answer

Yes. Major Spanish banks offer mortgages to foreign buyers, typically providing 60-80% loan-to-value financing at current rates of 3-4% APR. Most require: proof of income, bank statements, employment contract, and clean credit history. British borrowers often prefer UK lenders offering Spanish mortgages (typically 2.5-3.5% rates), though Spanish banks increasingly welcome international applicants. Pre-approval is advisable before property selection.

Question 6

What is the cost of living in Costa Blanca?

Accepted Answer

Cost of living is approximately 25-35% lower than UK equivalents. Groceries cost 20-30% less, utilities run €100-150 monthly (versus UK's £150-200), dining out averages €10-15 per person, and services (plumbing, electrical) cost significantly less. Fuente Álamo specifically undercuts coastal areas by another 20-30%. A family of four lives comfortably on €1,800-2,200 monthly including mortgage, utilities, groceries, and entertainment.

Question 7

How far is Costa Blanca from UK?

Accepted Answer

Alicante Airport is 2.5 flight hours from London, Birmingham, and Manchester with multiple daily departures from major UK airports. Package tours and flights average £80-150 return from UK regional airports. The reasonable flight time and frequent connections make maintaining UK relationships straightforward—many families visit the UK 3-4 times annually while maintaining Spanish residence. Driving to France and northern Europe is also feasible for holidays.

Question 8

What is the weather like on Costa Blanca?

Accepted Answer

Fuente Álamo experiences Mediterranean climate with 300+ sunny days annually, average temperatures of 15°C (winter) to 28°C (summer), and minimal rainfall (200mm yearly, concentrated autumn-spring). Winters are mild, eliminating heating demands most months. This climate enables year-round outdoor activities, reduces utility costs compared to UK weather, and creates healthier living conditions—particularly beneficial for children and families with respiratory sensitivities.

Question 9

Are there good schools near this villa?

Accepted Answer

Yes. The International School of Murcia (22 kilometers) offers British curriculum with excellent academic reputations and established international student bodies. Local Spanish schools increasingly include English-language programs. Most international families combine international schooling with Spanish tutoring, creating genuine bilingualism. School fees (€5,000-12,000 annually) remain significantly below UK independent school costs, offsetting property price benefits.

Question 10

What is the rental potential of this property?

Accepted Answer

This villa can generate €800-1,000 weekly rental income during peak season (Easter, summer, Christmas holidays). Annual rental potential reaches €30,000-35,000 for families utilizing property 8-10 weeks yearly, offsetting ownership costs significantly. Property management companies handle bookings, cleaning, and guest coordination for 20-30% commission. Many families use rental income during school holidays while maintaining personal use during term breaks.

3 Bed Villa Fuente Álamo €269,780 | Costa Blanca Family Home

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