New-Build 3-Bed Townhouse in Comunidad Valenciana, Algorfa
Centro, Algorfa · Alicante
3 Bed2 Bath199 m²182 m² plotEnergy: G
Description
A new-build townhouse in Algorfa covering 199 m2 of built space on a 182 m2 plot, priced at EUR 473,000. The property contains 3 bedrooms and 2 bathrooms arranged across a ground-floor layout. A private solarium provides additional usable outdoor space at roof level, and 2 dedicated parking spaces are included with the property. The price per m2 works out at approximately EUR 2,377, in line with comparable new-build townhouses in this part of Alicante province.Algorfa is a small inland municipality in the Vega Baja del Segura comarca, sitting within Comunidad Valenciana. Alicante-Elche Airport (ALC) is approximately 35 minutes by road, making the town accessible for owners travelling from the UK and northern Europe. La Finca Golf Resort, a well-established 36-hole course, is within a few minutes of Algorfa town centre and generates consistent footfall throughout the year. Local shops, a weekly market, and several restaurants are found along and around Calle Mayor in Algorfa.This is a new build, so VAT at 10% applies, adding EUR 47,300 to the purchase price. Notary fees typically range from EUR 600 to 1,200, land registry fees from EUR 400 to 800, and legal representation runs at around 1% of the purchase price plus VAT. Community fees are listed at EUR 0 per month. IBI has not yet been assessed for this property, which is standard for new builds in Algorfa. The energy rating is G.
Features
- New build
- Solarium
- 2 parking spaces
- 3 bedrooms
- 2 bathrooms
- Ground floor
- 182 m2 plot
- 199 m2 build
- Air conditioning
- Private outdoor space
Property Details
| Property Type | Townhouse |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 199 m² |
| Plot Size | 182 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 31740731-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Algorfa · 38.0668, -0.7881
About Centro, Algorfa
Algorfa is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the EUR 473,000 asking price?
As a new build in the Valencia Community, you pay IVA at 10% (EUR 47,300) rather than transfer tax. Add notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and legal fees of around 1% of the purchase price plus VAT (roughly EUR 4,730 before VAT). Total purchase costs are typically 12–13% on top of the asking price.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers in Spain can generally borrow up to 60–70% of the purchase price, meaning a deposit of 30–40% of EUR 473,000 (EUR 141,900–189,200) is usually required. Current variable and fixed rates from Spanish lenders are broadly in the 3.5–4.5% range, though individual offers vary by lender and applicant profile.
What are the ongoing running costs for this property?
Community fees for this property are EUR 0 per month. The annual IBI (local property tax) has not yet been assessed, which is common for new builds; the agent can provide an estimate once the catastral value is set. Budget separately for utilities, home insurance, and the basura (waste collection) charge once levied by the local council.
Can I view the property remotely before travelling to Algorfa?
Yes. OceanHome can arrange a live video viewing at a time that suits you, allowing you to walk through the property and ask questions in real time. In-person viewings in Algorfa can also be arranged; contact the team to confirm availability.
Is this property suitable as a rental investment?
Algorfa and the surrounding Vega Baja area attract visitors linked to La Finca Golf Resort and the nearby Costa Blanca coast. Short-term tourist rental licences in the Valencia Community require registration with the regional government; the agent can advise on current licensing requirements and local demand for this type of property.
What does the purchase process involve?
First, obtain a NIE (Número de Identificación de Extranjero), the tax identification number required for all Spanish property transactions. You then sign a reservation agreement and pay a holding deposit to take the property off the market. This is followed by a private purchase contract (arras), at which point typically 10% of the price is paid. The transaction completes before a notary, who registers the title deed. A Spanish property lawyer is strongly recommended throughout.

Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- townhouse
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 199 m²
- Plot Size
- 182 m²
- Energy Rating
- G


