Single-Storey New-Build Villa in Algorfa, Comunidad Valenciana
Centro, Algorfa · Alicante
3 Bed2 Bath168 m²480 m² plotEnergy: G
Description
A single-storey new-build villa in Algorfa covering 168 m2 of built space on a 455 m2 private plot, with 3 bedrooms, 2 bathrooms, a solarium and no community fees. The ground-floor layout keeps all living areas on one level, and the solarium adds a useful upper-level outdoor space with open views across the surrounding countryside. Off-road parking is included within the plot boundary.Algorfa is a small inland municipality in the Alicante province of the Valencian Community, sitting roughly 35 minutes by car from Alicante-Elche Airport (ALC). The town centre is within a short drive and provides day-to-day amenities. La Finca Golf, one of the area's established 18-hole courses, is close to Algorfa and draws both residents and visitors throughout the year. Distances to the nearest beach and supermarket are available from the agent on request.As there are no community fees, monthly running costs are limited to utilities and the annual IBI charge, which is not yet confirmed for this plot and should be verified with the agent before exchange. The property carries an energy rating of G. 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.
Features
- New build
- Single-storey layout
- Solarium
- 3 bedrooms
- 2 bathrooms
- 168 m2 build
- 455 m2 private plot
- Private garden
- Off-road parking
- No community fees
- Energy rating G
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 168 m² |
| Plot Size | 480 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 19626894-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Algorfa · 38.0655, -0.7841
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 in the Valencian Community, you pay IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4% of the purchase price. 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 around 1% of the purchase price plus VAT for a solicitor. Reduced rates and local allowances may apply if you meet the region'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 mortgage on this property as a non-resident?
Non-resident buyers can typically borrow up to 60–70% of the purchase price or the bank's valuation, whichever is lower, meaning a deposit of 30–40% is usually required. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5% depending on the lender and your financial profile. OceanHome can refer you to a Spanish mortgage broker who specialises in non-resident applications.
What are the ongoing running costs?
There are no community fees for this property. The annual IBI (council tax) has not yet been confirmed for this plot; please ask the agent to obtain this figure before exchange. You should also allow for annual basura (waste collection) charges, which vary by municipality, and standard utility costs for water and electricity.
Can I view the property remotely before travelling to Spain?
Yes. OceanHome offers video viewings so you can see the property, the plot and the surrounding area without travelling first. These can be arranged at a time that suits you. If you decide to proceed, we strongly recommend an in-person visit before signing any contract.
Is this property suitable as a holiday let?
Algorfa attracts buyers partly because of its proximity to La Finca Golf and the wider Costa Blanca South tourist area. Short-term holiday rental is possible but requires a tourist licence issued by the Valencian Community. Demand patterns and achievable occupancy rates vary by season; OceanHome can put you in touch with a local rental management company for realistic projections.
What does the buying process look like in Spain?
First, you will need a Spanish NIE (tax identification number), which your solicitor can apply for on your behalf. Once you have agreed a price, you pay a reservation fee to take the property off the market while due diligence is carried out. This is typically followed by a private purchase contract (arras), at which point a further deposit — commonly 10% — is paid and both parties are contractually bound. Completion takes place before a notary, at which point the remaining balance is transferred and the title deed (escritura) is signed. The whole process from reservation to completion commonly takes one to three months for new builds, though timelines vary with construction schedules.
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
- villa
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 168 m²
- Plot Size
- 480 m²
- Energy Rating
- G
