New-Build 3-Bedroom Villa in Comunidad Valenciana, Algorfa
Centro, Algorfa · Alicante
3 Bed2 Bath168 m²455 m² plotEnergy: G
Description
Priced at EUR 670,000, this new-build villa in Algorfa, Comunidad Valenciana, offers 168 m2 of living space on a 455 m2 plot. The property provides 3 bedrooms and 2 bathrooms across a single-storey layout. A private solarium adds usable outdoor space on the upper level. The plot gives a floor-to-area ratio that allows for a substantial garden surrounding the build.Algorfa is a small inland town in the Vega Baja del Segura comarca, roughly 35 minutes by road from Alicante-Elche Airport. The town centre on Calle Mayor has everyday shops, a weekly market, and several local bars and restaurants within easy walking distance of most residential streets. La Finca Golf Resort, one of the area's most established 18-hole courses, borders the municipality and is accessible in under 5 minutes by car. Algorfa sits approximately 20 kilometres inland from the beaches of Guardamar del Segura and Torrevieja, both reachable in around 20 to 25 minutes.At EUR 670,000 for 168 m2 of build, the price works out at approximately EUR 3,988 per m2. As a new build in the province of Alicante, the applicable purchase tax is IVA at 10%, adding EUR 67,000 to the base price. Notary fees typically run between EUR 600 and EUR 1,200, and land registry fees between EUR 400 and EUR 800. Legal fees are generally around 1% of the purchase price plus VAT. No community fees are recorded for this property. IBI has not yet been assessed, which is common for new builds without a catastro reference. The energy rating is G.The 455 m2 plot provides space for garden landscaping and off-road parking. The solarium on the upper level offers an additional outdoor area suitable for seating and views over the surrounding countryside. Algorfa's inland position means the plot benefits from a quieter residential setting compared to coastal developments of similar size.
Features
- New build
- Solarium
- 3 bedrooms
- 2 bathrooms
- 168 m2 build
- 455 m2 plot
- Single-storey layout
- Private garden
- Off-road parking
- No community fees
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 168 m² |
| Plot Size | 455 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 EUR 670,000 asking price?
As a new build in Alicante province, you pay IVA at 10% (EUR 67,000) rather than transfer tax. Additional costs include notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of approximately 1% of the purchase price plus VAT (around EUR 6,700 plus VAT). Budget for total purchase costs of roughly EUR 75,000 to EUR 80,000 on top of the asking price.
Can I get a mortgage as a non-resident buyer?
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 a EUR 670,000 purchase, that equates to a deposit of between EUR 201,000 and EUR 268,000. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5%. We recommend speaking to a Spanish mortgage broker before making an offer.
What are the ongoing running costs for this villa?
No community fees are recorded for this property. IBI (annual property tax) has not yet been assessed, as the property is a new build without a confirmed catastro reference; once registered, IBI is typically calculated at 0.4 to 1.1% of the cadastral value. Utility connection costs for water and electricity will apply on a new build and should be confirmed with the developer. Waste collection charges (basura) are set by the local municipality.
How can I arrange a viewing?
Contact our team to book an in-person visit at a time that suits you. If you are based outside Spain, we also offer video viewings so you can see the property and ask questions in real time before travelling. We can arrange both at short notice.
What is the rental potential in Algorfa?
Algorfa is an inland town rather than a coastal resort, so short-term tourist rental demand is lower than in beachfront areas. The proximity to La Finca Golf Resort does generate some demand from golf visitors, particularly in spring and autumn. Medium and long-term rentals to residents and retirees are more typical for properties in this area. We recommend researching local rental market conditions with a licenced property manager before making assumptions about income.
What does the purchase process involve?
First, you will need a Spanish NIE number, which is a tax identification number required for all property transactions. Once you have agreed a price, you pay a reservation fee to take the property off the market. This is followed by a private purchase contract (arras), where typically 10% of the purchase price is paid and both parties are legally committed. The final step is signing the title deed (escritura) before a Spanish notary, at which point the balance is paid and ownership transfers to you. We recommend instructing an independent Spanish solicitor to handle due diligence throughout.

Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
WhatsAppEnquire About This PropertySchedule a CallLanguages:EnglishFinnishSwedishSpanish
View LinkedIn ProfileQuick Enquiry
Interested in this property? Send us a message.
By submitting, you agree to our privacy policy.
Key Details
- Type
- villa
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 168 m²
- Plot Size
- 455 m²
- Energy Rating
- G


