8.3/10ExcellentOnly 13 of 60 left

Serra Gelada Bay

Alfaz del Pi Centre, Alfaz del Pi · Penthouse · Built by Grupo Goya (est. 2000)

From

€540,000

to €1,000,000

Price

From €540,000

€6,750/m²

Surface

80–120 m²

2–3 bed

Delivery

2025

60 units total

Score

8.3 / 10

Excellent

Yield

4.5–7.2%

Gross annual

Growth

+5.2%/yr

INE Registradores

Availability

13 of 60 units left

Nearly all reserved — limited remaining inventory

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Project Specifications

Price range

€540,000 — €1,000,000

Surface

80–120 m²

Bedrooms

2–3

Delivery

2025

Features & Amenities

City Views
Community Pool
Green Areas
Golf Nearby
Hospital Nearby
Built-in Wardrobes
Sea Views
School Nearby
Near the Sea
Private Parking
Air Conditioning
Fitted Kitchen
Community Garden
Solarium

Nearby

Airport · Alicante-Elche (ALC)

68 km · 70 min drive

Sea

0.1 km · 0 min walk

Market Analysis & Price Development

At 6,750/m², Serra Gelada Bay is priced 0% below area average the Alfaz del Pi Centre average of €2,500/m² (INE 2024). The area has appreciated 5.2% annually over the past five years (INE Registradores). Estimated gross rental yield: 4.57.2%.

Price comparison: Serra Gelada Bay vs Alfaz del Pi Centre average
MetricSerra Gelada BayAlfaz del Pi Centre Avg
Price per m²6,7502,500
Premium / Discount0% below area average
5-year appreciation5.2% per year
Gross rental yield4.57.2%
Deposit plan30/0/70
Bank guaranteeYes (Ley 57/1968)
Source: INE 2024 · INE Registradores · Analysis by veritySpain Editorial Team

Editorial Analysis

## Location & Connectivity in Alfaz del Pi Alfaz del Pi, situated on Spain's Costa Blanca, is known for its picturesque landscapes and vibrant expatriate community. The town is easily accessible via the AP-7 motorway and the N-332 road, offering convenient connectivity to nearby towns and cities. Alicante Airport, located 8 km away, ensures that international travel is straightforward for residents. This new build in Alfaz del Pi is strategically positioned just 100 meters from the sea, providing an excellent blend of coastal living and urban convenience.

## Architecture & Build Quality The penthouses range from 80 to 120 m², offering spacious living areas designed for comfort and functionality. Despite a high architecture score of 8.0/10, specific details such as energy class remain undisclosed. Notable features include built-in cabinets, air conditioning, and a furnished kitchen with appliances. The community amenities such as a pool and garden enhance the living experience, although details about the architectural theme are not disclosed, which could be relevant for some buyers.

## Investment Analysis Priced between €540,000 and €1,000,000, the development's price per square meter at €6,750 significantly exceeds the area average of €2,200–3,500/m². While this suggests a high-end market positioning, it may limit the appeal to budget-conscious investors. The estimated gross rental yield in Costa Blanca ranges from 4-7%, offering a moderate return potential. With a delivery date in 2025, there is a timeline risk that prospective buyers should consider when investing in property in Alfaz del Pi Spain.

## Living Experience & Amenities The development includes a community pool, solarium, and green areas, contributing to a comfortable living environment. Despite a strong living experience score of 8.1/10, the investment value is rated lower at 7.0, primarily due to the high price per square meter. Practical considerations for expat buyers include proximity to essential services such as schools, hospitals, and golf facilities, enhancing the property's appeal to those seeking a balanced lifestyle in Spain.

Investment snapshot

How we score →

Score

7.0/10

Good

+0.3 vs Alicante avg

Est. rental income

€24,300€38,880/yr gross

4.57.2% yield on entry price

5-yr appreciation (projected)

+€155,781

Based on 5.2%/yr · source: INE Registradores

Projections are indicative only. Actual returns depend on mortgage structure, management costs, Spanish non-resident income tax (IRNR), community fees and IBI. Not investment advice.

Full media library

Grupo Goya maintains their own asset library for Serra Gelada Bay — brochures, floor plans, renders, and any available video walkthroughs. Opens in a new tab; we do not host or modify these files.

Link sourced from the HabiHub agent portal. veritySpain does not store or redistribute developer assets.

Verdict8.3/10

Rated 8.4 out of 10 by veritySpain, this penthouse in Alfaz del Pi offers a strong location advantage. Location scores 10.0 driven by proximity to the sea. However, investment value at 7.0 suggests the price may not align with typical market expectations.

Payment Structure

1

Reservation Deposit

Secures your unit selection

€6,000

2

Contract Signing

30% of purchase price

≈ €162,000

3

Completion & Handover

70% of purchase price

≈ €378,000

Mortgage Available

Bank Guarantee

Ley 57/1968 protected

Pre-completion Total

You pay 30% before receiving keys

Who Is Serra Gelada Bay For?

Ideal For

  • Luxury buyers seeking high-end properties near the sea
  • Investors prioritizing location over price
  • Expat families valuing proximity to amenities

Skip This Property If

  • ×€6750/m² exceeds your budget
  • ×0.1 km to beach is too far
  • ×Delivery in 2025 is too late

Why Consider This Project Now (2026)

  • 1.Scored 8.3/10 on the veritySpain index
  • 2.Delivery 2025

Location & Accessibility

Alfaz del Pi Centre, Alfaz del Pi · Alicante, Costa Blanca

Frequently Asked Questions

What is the price per square metre for new build property in Alfaz del Pi?

€6750/m². This is significantly higher than the Costa Blanca average of €2,200-3,500/m², indicating a luxury market segment.

How far is this penthouse in Alfaz del Pi from the beach?

0.1 km from the sea. It is within walking distance, providing easy access to coastal activities.

When will new build developments in Alfaz del Pi be completed?

2025. Buyers should consider construction timelines and what 'key ready' means for move-in.

Is Alfaz del Pi on the Costa Blanca a good area to buy property in Spain?

Yes based on 8.4/10. Alfaz del Pi offers a strong lifestyle fit and reasonable investment outlook on the Costa Blanca.

What amenities does this new development in Alfaz del Pi include?

Community pool, garden, solarium, and private parking. Note the absence of a private pool, which may be expected at this price point.

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Analysis by veritySpain Editorial Team

Independent, data-driven new-build analysis. Not affiliated with developers or brokers.

Independent analysisSite inspection: April 2026.Last updated: 10 May 2026.

Data Sources

  • INE (Instituto Nacional de Estadística) — price indices, appreciation data
  • INE 2024 — area average price per m²
  • Grupo Goya () — project specifications, payment structure
  • Junta de Andalucía — building permits, VFT licence regulations
  • Ley 57/1968 & Ley 20/2015 — buyer protection, bank guarantee framework
  • veritySpain site inspection (April 2026)

veritySpain provides independent editorial analysis for informational purposes only. This is not financial, legal, or investment advice. Prices, yields, and specifications are indicative and may change. Always consult qualified professionals before making purchase decisions. veritySpain may earn a referral commission if you contact a developer through our platform. This does not influence our editorial scores or analysis.