Interested in this property?
Get pricing details, floor plans, and availability directly from the developer.
Project Specifications
Price range
€540,000 — €1,000,000
Surface
80–120 m²
Bedrooms
2–3
Delivery
2025
Features & Amenities
Nearby
Airport · Alicante-Elche (ALC)
53 km · 56 min drive
Sea
0.1 km · 1 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 is €2,500/m² (INE 2024); the area has appreciated 5.2% annually over the past five years (INE Registradores). Estimated gross rental yield: 4.5–7.2%.
| Metric | Serra Gelada Bay | Alfaz del Pi Centre Avg |
|---|---|---|
| Price per m² | €6,750 | €2,500 |
| Premium / Discount | 0% below area average | |
| 5-year appreciation | 5.2% per year | |
| Gross rental yield | 4.5–7.2% | |
| Deposit plan | 30/0/70 | |
| Bank guarantee | Yes (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 →Est. rental income
4.5–7.2% yield on entry price
5-yr appreciation (projected)
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.
Verdict — 8.3/10
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
Reservation Deposit
Secures your unit selection
€6,000
Contract Signing
30% of purchase price
≈ €162,000
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
How much does Serra Gelada Bay cost?
Prices at Serra Gelada Bay start at €540,000 and reach €1,000,000.
What homes are available at Serra Gelada Bay?
Serra Gelada Bay offers penthouses with 2–3 bedrooms, up to 120 m² of living space.
Where is Serra Gelada Bay located?
Serra Gelada Bay is in Alfaz del Pi, on the Costa Blanca in the province of Alicante.
When will Serra Gelada Bay be completed?
Serra Gelada Bay is scheduled for completion in 2025.
How does veritySpain rate Serra Gelada Bay?
veritySpain scores Serra Gelada Bay 8.3 out of 10, assessing location, architecture, investment potential and living quality.
Who is developing Serra Gelada Bay?
Serra Gelada Bay is developed by Grupo Goya.
