3 Bed New Development in Penaguila in Penaguila — New Development
New Development

VILLAS EL OLIVAR - New Build Villas in Penaguila

VILLAS EL OLIVAR is a new development located in Penaguila, Alicante, featuring detached villas on spacious plots. Situated in a rural setting, this project offers a combination of tranquility and proximity to amenities. The homes are designed with modern comfort in mind and are surrounded by nature, offering mountain views. Penaguila, a charming village, serves as the backdrop for this development, catering to residents seeking a serene lifestyle away from the hustle and bustle, yet with essential facilities within reach.

€362,000 - €506,000
3
Bedrooms
2
Bathrooms
130 m²
Living Area
From €362,000
From price
Key Ready
Build Status

Summary

  • Detached new build villas with 3 bedrooms in Penaguila, Alicante.
  • Quiet, rural location with mountain views, at 685m altitude.
  • Spacious 800 m² plots with private swimming pool.
  • Car essential for daily travel and access to amenities.
  • Prices range from €362,000 to €506,000.

Regional Comparison

VILLAS EL OLIVAR is situated in a different market segment compared to developments directly on the coast of the Costa Blanca or Costa del Sol. Projects like ICONIC in Gran Alacant, offered from €355,000, are closer to the coast and provide direct access to beaches and urban amenities. In contrast, LAS COLINAS in Pedreguer (from €529,000) and SPEC VILLA 148 - MONTE SOLANA in Pedreguer (from €845,000) are located in areas that are also inland but may offer more exclusivity or larger plots, with corresponding higher prices. VILLAS EL OLIVAR positions itself as an option for those seeking a quiet, rural lifestyle on spacious plots, with a pricing structure that is more accessible than some more luxurious projects in the vicinity, but with the implication of greater distances to the coast and major cities. The choice depends on the priority given to direct coastal proximity versus rural tranquility and space.

Frequently Asked Questions

Is a car absolutely necessary to live at VILLAS EL OLIVAR?
Yes, given the rural location and the distance to supermarkets, hospitals, and other amenities, a car is essential for daily travel.
How far are the nearest beaches?
The nearest beaches are located 22 km away as the crow flies.
What sustainable energy options are available in the villas?
The villas are equipped with photovoltaic solar panels and solar water heaters.
What is the construction status of VILLAS EL OLIVAR?
The construction phase is completed; the homes are ready.
What facilities are available within a 2 km radius?
Within a 2 km radius, there are 10 restaurants, 1 school, 2 pharmacies, and 4 cafes.
What is the starting price of the villas?
Prices start from €362,000.
How many villas are in this development?
The project comprises 35 individual plots for detached villas.
At what altitude above sea level is Penaguila located?
Penaguila is located at 685 meters above sea level.

Project Analysis

Key characteristics of location, homes, project phase and points of attention.

Location

Nestled on the edge of the village of Penaguila, VILLAS EL OLIVAR embraces the serenity of the Sierra de Aitana. Its location provides a direct connection to the natural beauty of the hinterland, while the urban core of Penaguila remains within walking distance. This establishes a living environment that balances rural living with local conveniences.

Layout

This project is designed for those desiring a spacious, detached home in a natural environment. The 3-bedroom villas offer comfortable living spaces on 800 m² plots, ideal for residents who value privacy, outdoor space, and a direct connection with nature.

Project Status

VILLAS EL OLIVAR is a new development that has been completed. The focus is on individual villas, each built on a self-contained 800 m² plot, allowing for a maximum buildable area of 240 m². This provides flexibility in the final configuration of the home.

Points of Attention

The development is situated inland, meaning direct proximity to beaches and the coastline is limited. The considerable distance to Alicante Airport and the necessity of a private vehicle for daily travel are also significant considerations for potential buyers.

Lifestyle & Surroundings

This project suits buyers seeking a permanent residence in a quiet, rural area, far from the coastal bustle. It offers a stable living location that can be occupied year-round, allowing enjoyment of the natural surroundings and local Spanish culture. It is also an attractive option for those looking for a second home, with sufficient space and privacy for holidays. Given the necessity of a car for most travel, this project is suitable for residents who are mobile or willing to invest in private transportation. Its location, some distance from major cities and airports, appeals to residents who prioritize peace over immediate urban access. The available amenities in the vicinity contribute to daily living comfort, making it also suitable for families seeking a calmer environment for raising children.

Build Quality & Finishing

The villas at VILLAS EL OLIVAR are newly constructed and feature modern finishes. They are equipped with solar panels for hot water and photovoltaic panels, contributing to energy efficiency. The homes include a private swimming pool and underfloor heating, ensuring year-round comfort. The terraces provide space for outdoor enjoyment, and built-in wardrobes offer practical storage solutions. The kitchens are designed in an open-plan living-kitchen style, enhancing the social living space. Double glazing in the windows ensures good insulation and noise reduction. The overall finish emphasizes durability and modern living comfort, respecting the rural setting.

Price & Context

Price & Availability

VILLAS EL OLIVAR offers detached villas with prices ranging from €362,000 to €506,000. The available properties include 3-bedroom, 2-bathroom homes with a living area of approximately 130 m². The plots for these villas are generous, with a standard size of 800 m². The development comprises 35 individual plots, indicating an exclusive design with ample privacy. The construction phase is complete, meaning the homes are ready for immediate occupancy. Price variations depend on specific property features and their exact location within the development.

€362,000
From price
3
Bedrooms
130 m²
Living Area
2
Bathrooms

Context & Surroundings

Penaguila is a tranquil Spanish village located in the hinterland of the Alicante province, at an altitude of approximately 685 meters above sea level. With just 305 inhabitants and an area of about 50 km², the surroundings exude a sense of countryside and tradition. The project's immediate vicinity, on the edge of the village, offers a peaceful atmosphere with views of the surrounding Sierra de Aitana mountains. Here, residents will find a pace of life characterized by quietude and a strong connection to nature. Although it's a rural setting, essential amenities such as 10 restaurants, 1 school, 2 pharmacies, and 4 cafes are available within a 2 km radius, ensuring a comfortable daily life where the serenity of the countryside is complemented by necessary facilities.

Request Information

Location: Penaguila

Living & Surroundings

Life at VILLAS EL OLIVAR is defined by the tranquility of a rural village combined with proximity to natural landscapes. Penaguila, situated at an altitude of 685 meters, offers a characteristic Spanish village life with its 305 inhabitants. The environment is ideal for nature and hiking enthusiasts, with the Sierra de Aitana as its backyard. Daily necessities such as a pharmacy and supermarket are located approximately 8 to 9 km away. Larger towns like Alcoy are reachable within a 20-minute drive, while Benidorm and Alicante are about 55 and 50 minutes away, respectively. This provides a good balance between a serene living environment and access to urban amenities and the coastline.

Map & Location

This map displays the location of VILLAS EL OLIVAR in Penaguila, a village in the Alicante province hinterland. Its position is marked relative to surrounding villages, natural areas, and the region's larger cities. It offers a visual overview of the rural setting and the accessibility of amenities and coastal areas.

A serene field with a large olive tree, surrounded by wildflowers and distant hills.

Location in the Region

VILLAS EL OLIVAR is located in Penaguila, a municipality in the comarca of Alcoià, within the province of Alicante. This places the project in the hinterland of the Valencia region, at a considerable distance from the more tourist-centric coastal areas often associated with the Costa Blanca or Costa del Sol. The village is approximately 20 minutes from Alcoy and about 50-55 minutes from coastal towns like Benidorm and the city of Alicante. The Costa del Sol, located in Andalusia, is more than 400 km southwest as the crow flies and is therefore not directly related to this project in Alicante.

Accessibility & Amenities

VILLAS EL OLIVAR is located in a rural area, meaning a car is essential for travel. The nearest supermarket and pharmacy are approximately 8 to 9 km away. The hospital is also located 9.3 km from the development. Beaches such as Platja de l'Esparrelló are 22 km away as the crow flies. For golfers, several options are available: Puig Campana Golf is 20 km away, Meliá Villaitana is 23 km away, and Campo de Golf Las Rejas Benidorm is 23 km away. An EV charging station is located 8.3 km away. Alicante-Elche Airport (ALC) is approximately 54 km away as the crow flies, and Valencia (VLC) is 94 km away. Although there are 6 public transport stops within the municipality, public transport is likely limited in frequency and accessibility from this specific location, further emphasizing the need for a car.

Alicante-Elche (ALC) 54 km
Valencia (VLC) 94 km

Source: OpenStreetMap, Google Maps

Alt text: "Cozy apartment with balcony, street view, and mountain backdrop.

Nature & Climate

Narrow alley with stone walls, metal window grilles, and a view of greenery at the end.

Penaguila is situated at an altitude of 685 meters above sea level, contributing to a temperate climate. The region enjoys an average of 3,786 hours of sunshine per year, indicating a sunny climate for a significant portion of the year. The swimming season, when water temperatures average 20°C or higher, lasts for about 4 months. The average annual temperature is around 15.6°C. The mountain location provides a scenic contrast to the nearby coastal areas, offering greater temperature variations and fresher air, especially in the evenings. The terrain has a moderate slope, consistent with a mountainous yet accessible landscape.

3786 Sunshine Hours/Year
4 Swim Season Months
15.6°C Avg. Annual Temperature
549m Elevation

Source: Open-Meteo (2020–2025 average)

Beaches & Recreation

For beach enthusiasts, the distance to the coastline is a key factor. The nearest beaches, such as Platja de l'Esparrelló and Platja la Caleta, are 22 km away as the crow flies. This means a drive to the sea could take approximately 30-40 minutes, depending on the exact route and traffic. However, the region offers ample opportunities for outdoor recreation. Hiking and mountain biking in the Sierra de Aitana are popular activities. For golfers, several courses are within driving distance: Puig Campana Golf at 20 km, and courses near Benidorm at 23 km. The presence of a private swimming pool at the villas provides immediate access to leisure and relaxation on one's own property.

Source: OpenStreetMap

Narrow alley with red and beige buildings, clothes hanging, clear blue sky.

Location in the Region

VILLAS EL OLIVAR is located in Penaguila, a municipality in the comarca of Alcoià, within the province of Alicante. This places the project in the hinterland of the Valencia region, at a considerable distance from the more tourist-centric coastal areas often associated with the Costa Blanca or Costa del Sol. The village is approximately 20 minutes from Alcoy and about 50-55 minutes from coastal towns like Benidorm and the city of Alicante. The Costa del Sol, located in Andalusia, is more than 400 km southwest as the crow flies and is therefore not directly related to this project in Alicante.

Area Guide: Penaguila

Penàguila is a municipality in the comarca of Alcoià, Alicante, Valencia, Spain.

Key Facts

305 Population
685m Elevation
49.9 km² Area

Climate

Month Avg. Temperature Rainfall
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Nearby Amenities

10 restaurant
1 school
2 pharmacy
4 cafe

Elevation & Terrain

549m Elevation

Transport & Access

54 km Alicante-Elche (ALC)
94 km Valencia (VLC)
439 km Malaga-Costa del Sol (AGP)

Project Details

Project Name VILLAS EL OLIVAR
City Penaguila
Region Costa Blanca
From price €362,000
Living Area 130 m²
Avg. price per m² €2,784 / m²
Terrace 23 m²
Bedrooms 3
Bathrooms 2
Parking No
Pool Yes
Garden Yes
Build Status key_ready
Completion 1970
Published 2026-04-20

Ref: VL789429

Source: Wikipedia, Wikidata, INE, Junta de Andalucía

Maiko
Maiko
Real Estate Expert

Maiko is a real estate expert specializing in the Spanish property market. With in-depth knowledge of the Costa del Sol, Costa Blanca, and other popular coastal regions, he helps buyers find the right property. He analyzes offerings based on location, market value, build quality, and liveability, providing honest, data-driven advice throughout the entire purchase process.

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Technical Facts
Built area starting from 130 m².
Construction status: Ready.
Equipped with solar panels for hot water and PV.

Conversation history

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