First-Floor 2-Bedroom New-Build Apartment in Algorfa
Centro, Algorfa · Alicante
2 Bed2 Bath75 m²Energy: G
Description
A first-floor new-build apartment in Algorfa covering 75 m2 of living space, with 2 bedrooms and 2 bathrooms. The property sits within a development that includes a communal pool. Air conditioning is fitted throughout, and the apartment is delivered as a new build to current Spanish building standards.Algorfa is a small inland town in the province of Alicante, within the Valencian Community. The town centre, with its local shops and weekly market, is within easy reach of the development. La Finca Golf, one of the area's established 18-hole courses, lies close to Algorfa and draws a steady resident and visitor population to the municipality. Alicante-Elche Airport is approximately 35 minutes by car, giving straightforward access to the UK and northern Europe.Community fees are currently zero for this development. The annual IBI figure is not yet confirmed for this property and should be confirmed with the agent before exchange. The energy rating is G, which is standard for many new-build developments in Algorfa at the pre-completion stage and may be updated once the certificate is finalised. Algorfa's location within a known golf and leisure corridor gives this apartment appeal for both permanent residents and those looking for a rental investment.
Features
- New build
- Communal pool
- Air conditioning
- 2 bedrooms
- 2 bathrooms
- First floor
- 75 m2 build size
- Built-in wardrobes
- Energy rating G
Property Details
| Property Type | Bungalow |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 75 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 36764017-04 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Algorfa · 38.0573, -0.8032
About Centro, Algorfa
Algorfa is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for beyond the asking price?
As a new build in the Valencian Community, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4%. ITP does not apply. On top of those taxes, allow roughly EUR 600–1,200 for notary fees, EUR 400–800 for land registry registration, and approximately 1% of the purchase price plus VAT for a solicitor. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example age, large-family or disability status, or buying a primary residence — so it is worth checking before you finalise your budget.
Can I get a Spanish mortgage as a non-resident buyer?
Non-resident buyers can typically obtain a Spanish mortgage, though lenders generally require a deposit of 30–40% of the purchase price. Variable and fixed interest rates have been in the range of 3.5–4.5% in recent years, though your rate will depend on your lender, income profile and the loan term. We can refer you to an independent mortgage broker who specialises in cross-border purchases.
What are the ongoing running costs for this apartment?
Community fees for this development are currently zero. The annual IBI (council tax) figure has not yet been confirmed for this property and should be verified with the agent prior to exchange. A basura (refuse collection) charge may also apply once set by the local authority. We recommend requesting written confirmation of all recurring charges before signing.
Can I view the apartment remotely before travelling to Spain?
Yes. We offer video viewings for buyers who cannot travel immediately. Our agent will walk through the apartment and the communal areas live via video call, and can follow up with additional footage or photographs on request. In-person viewings at the Algorfa development can be arranged on weekdays and most Saturdays.
What is the rental potential for this apartment?
Algorfa and the surrounding La Finca Golf area attract golfers and short-break visitors throughout the year, which supports demand for holiday lets. To let the property on a short-term tourist basis in the Valencian Community you will need a tourist licence from the regional authority. We would recommend speaking to a local rental management company for current occupancy data before committing to a rental strategy.
What does the purchase process look like in Spain?
The first step is obtaining an NIE (Número de Identificación de Extranjero), the tax identification number required for any property transaction in Spain. Once you have agreed terms, a reservation fee is typically paid to take the property off the market. This is followed by a private purchase contract (contrato de arras or contrato privado), at which point a further deposit — usually 10% of the purchase price — becomes payable. The remaining balance is settled at the notary on the day of completion, when title transfers to you and the deeds are signed. Your solicitor will oversee registration at the land registry after completion.
Maya Kallio💚
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Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- bungalow
- Bedrooms
- 2
- Bathrooms
- 2
- Build Size
- 75 m²
- Energy Rating
- G
