New-Build 3-Bedroom Villa in Comunidad Valenciana, Algorfa
Centro, Algorfa · Alicante
3 Bed2 Bath307 m²462 m² plotEnergy: G
Description
At EUR 779,000, this new-build villa in Algorfa delivers 307 m2 of built space across a single storey on a 462 m2 private plot. The property contains 3 bedrooms and 2 bathrooms, with a price per m2 of approximately EUR 2,537. Alicante-Elche Airport is 35 minutes by car, making the location straightforward for both permanent residents and frequent travellers.Algorfa sits in the Vega Baja del Segura comarca of the Comunidad Valenciana, a municipality known for its proximity to La Finca Golf Resort, one of the largest golf complexes in the province. The town centre, roughly 1 km from the main residential areas, offers a weekly market, local bars, and everyday amenities. The coastal town of Guardamar del Segura, with its long sandy beach and pine forest promenade, is around 15 km to the east. Torrevieja, with a wider range of supermarkets, medical facilities, and restaurants, is approximately 20 km away, keeping Algorfa well connected to the coast.As a new build in the Comunidad Valenciana, the purchase is subject to IVA at 10%, which amounts to EUR 77,900, plus stamp duty (AJD) of approximately 1.5%. Additional costs include notary fees (EUR 600 to 1,200), land registry fees (EUR 400 to 800), and legal fees of around 1% plus VAT. No community fees are registered for this property. The IBI (annual council tax) figure has not yet been confirmed by the vendor. The energy rating is G.The 462 m2 plot provides ample outdoor space for a private garden and pool area, subject to the build specification confirmed with the developer. Ground-floor access throughout suits a range of buyers, from families to those planning for longer-term accessibility requirements.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 307 m2 build area
- 462 m2 private plot
- Single-storey layout
- Private garden
- No community fees
- 35 minutes from Alicante-Elche Airport
- Close to La Finca Golf Resort
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 307 m² |
| Plot Size | 462 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 15017951-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Algorfa · 38.0596, -0.8027
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 779,000 asking price?
As a new-build property in the Comunidad Valenciana, you pay IVA at 10% (EUR 77,900) rather than transfer tax, plus stamp duty (AJD) of approximately 1.5% (EUR 11,685). On top of that, budget for notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% of the purchase price plus VAT (approximately EUR 9,348 including VAT). Total additional costs typically fall between EUR 100,000 and EUR 105,000.
Can non-residents get a mortgage on this property?
Yes. Spanish banks typically lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 779,000, that equates to a deposit of approximately EUR 234,000 to EUR 312,000. Current variable and fixed mortgage rates in Spain range from roughly 3.5% to 4.5% AER, though rates vary by lender and applicant profile. We can refer you to an independent mortgage broker.
What are the ongoing running costs for this villa?
No community fees are registered for this property. The annual IBI (local council tax) figure has not yet been confirmed by the vendor; for a new-build villa of this size in the Algorfa municipality, it is typically in the range of EUR 400 to EUR 700 per year once the catastro reference is assigned, but you should verify this with your legal adviser before completion.
Can I arrange a viewing remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to visit in person. We can walk through the property and the surrounding area in real time and answer questions as we go. Contact our team to book a slot at a time that suits you.
What is the rental potential of a villa in Algorfa?
Algorfa sits close to La Finca Golf Resort, which attracts golf tourists year-round, creating demand for short-term holiday lets. To rent legally in the Comunidad Valenciana you must obtain a tourist licence (Vivienda de Uso Turístico) from the regional authority before letting the property. We recommend speaking to a local property manager for current occupancy rates and achievable weekly rents in this specific area.
What does the purchase process involve?
First, you obtain an NIE (Número de Identificación de Extranjero), the tax identification number required for any property purchase in Spain. You then pay a reservation fee, typically EUR 3,000 to EUR 6,000, to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point 10% of the purchase price is usually paid. The sale is completed before a Spanish notary, at which point the remaining balance is transferred and the title deeds (escritura) are signed. The full process from reservation to completion typically takes 4 to 12 weeks for new builds, depending on construction stage.
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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
- villa
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 307 m²
- Plot Size
- 462 m²
- Energy Rating
- G
