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New-Build Townhouse in Comunidad Valenciana, Algorfa

Centro, Algorfa · Alicante

3 Bed2 Bath274 m²180 m² plotEnergy: G

Description

This new-build townhouse in Algorfa spans 274 m2 of built space on a 180 m2 plot, arranged over the ground floor with 3 bedrooms and 2 bathrooms. The property includes a private solarium, offering additional outdoor living space at roof level. At EUR 495,000, the price per m2 works out at approximately EUR 1,806. The energy rating is G.Algorfa is a small inland town in the Vega Baja del Segura comarca of Alicante province, situated roughly 35 minutes by car from Alicante-Elche Airport (ALC). The town centre in Comunidad Valenciana contains a local market square, everyday amenities, and easy road access to the CV-90 linking the area to Torrevieja and the coast. Distances to the nearest beach, supermarket, and golf course are available on request from the agent. La Finca Golf Resort, one of the larger golf complexes in the province, lies close to the town.As a new build in the Comunitat Valenciana, the applicable purchase tax is IVA at 10%, equivalent to EUR 49,500 on the asking price. Additional costs include notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently recorded at EUR 0 per year. IBI has not yet been assessed for this new-build property.The 180 m2 plot provides private outdoor space at ground level, and the solarium adds a further usable terrace at roof level with open views across the surrounding area. Please confirm pool provision directly with the agent, as no pool data is recorded for this listing.

Features

  • New build
  • Solarium
  • 3 bedrooms
  • 2 bathrooms
  • 274 m2 built size
  • 180 m2 plot
  • Ground floor
  • Private outdoor space
  • Close to golf
  • 35 minutes to Alicante-Elche Airport

Property Details

Property TypeTownhouse
Bedrooms3
Bathrooms2
Built Area274 m²
Plot Size180 m²
Floor0
Energy CertificateG
Reference31740731-02

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

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 asking price?
As a new build, this townhouse is subject to IVA at 10% rather than ITP. On the asking price of EUR 495,000, that equates to EUR 49,500 in IVA. You should also budget for notary fees (approximately EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT, which adds roughly EUR 5,940 before VAT.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks typically lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is usually required. On EUR 495,000, that represents EUR 148,500 to EUR 198,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though terms vary by lender and applicant profile.
What are the ongoing running costs?
Community fees are currently recorded at EUR 0 per year for this property. The annual IBI (council tax) has not yet been assessed, which is common for new-build properties ahead of first occupation. Utility costs and basura (waste collection) charges will be confirmed once the property is registered and occupied.
How can I arrange a viewing?
You can book an in-person viewing through OceanHome at a time that suits you. If you are based outside Spain, we also offer video viewings so you can walk through the property remotely before committing to travel.
Does this property have rental potential?
Algorfa and the surrounding Vega Baja area attract both long-term residents and visitors to nearby golf courses and the Costa Blanca coast. Long-term rentals are straightforward to arrange. For short-term tourist lets, a tourist licence from the Generalitat Valenciana is required, and our team can advise on the application process and local demand.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which our recommended legal team can obtain on your behalf. Once a price is agreed, a reservation contract is signed and a holding deposit of around EUR 3,000 to 6,000 is paid to take the property off the market. This is followed by the arras contract, at which point typically 10% of the purchase price is transferred. Completion then takes place before a notary, where the remaining balance and all purchase taxes are settled and keys are handed over.

Price

€495,000€1,807/m²

Ref: 31740731-02

Maya Kallio
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
274
Plot Size
180
Energy Rating
G