New-Build Villa with Solarium, Algorfa, Comunidad Valenciana
Centro, Algorfa · Alicante
3 Bed2 Bath139 m²515 m² plotEnergy: G
Description
At EUR 1,600,000, this new-build villa in Algorfa, Comunidad Valenciana, delivers 139 m2 of built space on a 515 m2 plot. The layout provides 3 bedrooms and 2 bathrooms across a single floor. A solarium is included, offering a dedicated roof-level outdoor area. The price per m2 of build stands at approximately EUR 11,510.Algorfa is a small inland municipality in southern Alicante province, sitting roughly 35 minutes by car from Alicante-Elche Airport (ALC). The town centre holds a weekly market, a local supermarket, and everyday amenities within a compact area. La Finca Golf Course, one of the province's established 18-hole courses, is among the closest golf facilities to Algorfa. Algorfa's quiet residential character and proximity to the coast road linking to Guardamar del Segura and its Blue Flag beaches make it a practical base in this part of the Costa Blanca.As a new build in the Valencia region, VAT applies at 10% rather than resale transfer tax, adding approximately EUR 160,000 to the purchase cost. Notary fees typically run EUR 600 to EUR 1,200, land registry EUR 400 to EUR 800, and legal fees around 1% of the purchase price plus VAT. No community fees are registered for this property. The IBI figure has not yet been confirmed and should be verified with the agent. The energy rating is G.The 515 m2 plot provides substantial outdoor space around the 139 m2 built footprint, with room for garden landscaping or a private pool subject to planning. The solarium adds a further usable outdoor level above the main structure, suited to open-air seating away from ground-level activity.
Features
- Solarium
- New build
- Private plot of 515 m2
- 3 bedrooms
- 2 bathrooms
- Single-storey layout
- Energy rating G
- No community fees
- 35 minutes from Alicante-Elche Airport
Property Details
| Property Type | Villa |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 139 m² |
| Plot Size | 515 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 47955224-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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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 are the purchase costs on top of the EUR 1,600,000 asking price?
As a new-build property, VAT (IVA) applies at 10%, which amounts to EUR 160,000. 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 16,000 to EUR 19,360). Budget for total purchase costs of roughly EUR 177,000 to EUR 196,000 on top of the headline price.
Can non-residents obtain a mortgage for 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 required. On EUR 1,600,000 that equates to EUR 480,000 to EUR 640,000 upfront. Variable and fixed mortgage rates in Spain currently range from approximately 3.5% to 4.5% annually. A mortgage broker with experience in cross-border lending is advisable.
What are the ongoing running costs for this villa?
No community fees are registered for this property. The annual IBI (council tax) figure has not yet been confirmed for this new build and should be requested from the agent or the local Algorfa town hall before exchange. Utility connections and waste collection charges (basura) will apply once the property is occupied.
Can I arrange a viewing remotely before travelling to Spain?
Yes. OceanHome offers video viewings for buyers who cannot travel immediately. A live video call with one of our agents on site can be arranged at a convenient time, allowing you to inspect the property in real time and ask questions. In-person viewings in Algorfa can also be arranged with advance notice.
Does this property have rental potential?
Algorfa falls within the Costa Blanca tourist corridor, and properties with outdoor space and a solarium attract both long-term and short-term rental interest. A tourist rental licence (licencia de alquiler turístico) issued by the Generalitat Valenciana is required before listing on short-term platforms. We recommend speaking to a local rental management company for realistic occupancy projections specific to this location and price bracket.
How does the purchase process work in Spain?
First, you obtain an NIE (Número de Identificación de Extranjero), the tax identification number required for all property transactions in Spain. Once terms are agreed, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras), at which point typically 10% of the purchase price is exchanged. Completion takes place before a Spanish notary, who registers the transfer with the land registry. Legal representation throughout is strongly advised.

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
- 515 m²
- Energy Rating
- G


