Single-Storey 3-Bedroom Villa on 515m2 Plot, Algorfa
Centro, Algorfa · Alicante
3 Bed2 Bath139 m²540 m² plotEnergy: G
Description
A single-storey new-build villa in Algorfa covering 139 m2 of built space on a 515 m2 private plot, with a solarium level above. The property has 3 bedrooms and 2 bathrooms across a ground-floor layout that opens directly to the plot. No community fees apply, and the villa carries an energy rating of G.Algorfa is a small inland municipality in the Vega Baja del Segura comarca of Alicante province, within the Valencian Community. The town centre of Algorfa is within a short drive, with local amenities and the La Finca Golf course nearby. Alicante-Elche Airport is approximately 35 minutes away by road, making the location convenient for owners who travel regularly.As a new build in Algorfa, there are no community fees payable. IBI figures are not yet confirmed for this property. The energy certificate is rated G. Algorfa sits within a growing area of new-build development, and properties here attract interest from buyers seeking detached accommodation with private outdoor space at this price point.The 515 m2 plot provides substantial outdoor space around the single-storey build, with direct access to the garden from the ground floor. The solarium adds a usable upper-level terrace with open views over the surrounding area. No pool is listed in the current specification, and buyers should confirm the landscaping scope directly with the developer.
Features
- New build
- Single-storey layout
- 3 bedrooms
- 2 bathrooms
- Private plot of 515 m2
- Solarium
- No community fees
- Energy rating G
- 35 minutes from Alicante-Elche Airport
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 139 m² |
| Plot Size | 540 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 47955224-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Algorfa · 38.0599, -0.7895
About Centro, Algorfa
Algorfa is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What purchase costs should I budget for on top of the asking price?
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. Tax is charged on the higher of the price paid and the property's official reference value, so treat any figure based on the asking price as a minimum. On top of taxes, budget for notary fees (typically EUR 600–1,200), land registry fees (typically EUR 400–800), and legal fees at around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the Valencian Community'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 as a non-resident buyer?
Non-resident buyers in Spain can typically borrow up to 60–70% of the purchase price or valuation, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates in Spain are broadly in the range of 3.5–4.5%, though individual terms depend on your lender and financial profile. We can refer you to an independent mortgage broker with experience in cross-border Spanish purchases.
What are the ongoing running costs for this villa?
There are no community fees for this property. The annual IBI (local property tax) figure has not yet been confirmed for this new build; your solicitor can request the projected IBI from the local town hall during due diligence. Utility contracts for electricity and water will need to be set up on completion. The energy certificate is rated G, so energy bills are likely to be higher than for a property with a better rating.
Can I view the property remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp or video call for buyers who are unable to visit in person straight away. Our agents can walk through the property and the plot with you in real time and answer questions on the spot. We recommend following any remote viewing with an in-person visit before proceeding to reservation.
Does this property have rental potential?
Algorfa and the surrounding Vega Baja area attract both long-term and short-term rental demand, partly due to proximity to La Finca Golf and the Costa Blanca coast. A tourist licence from the Valencian Community administration is required for short-term holiday lets. Rental yields vary depending on specification, marketing, and occupancy, so we recommend speaking to a local rental management company for realistic projections rather than relying on general averages.
What steps are involved in buying this villa?
You will first need a Spanish NIE (foreigner identification number), which your solicitor can obtain on your behalf. Once you decide to proceed, a reservation contract is signed and a reservation deposit is paid to take the property off the market. This is followed by the private purchase contract (arras), at which point a larger deposit is typically exchanged. Completion takes place before a notary, at which point the remaining balance is paid and the title deed is signed. Appointing an independent Spanish solicitor before you begin is strongly recommended.
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
- 139 m²
- Plot Size
- 540 m²
- Energy Rating
- G
