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New-Build 3-Bed Villa in Comunidad Valenciana, Algorfa

Centro, Algorfa · Alicante

3 Bed1 Bath103 m²324 m² plotEnergy: G

Description

A new-build villa of 103 m2 on a 324 m2 plot in Algorfa, this 3-bedroom, 1-bathroom property includes a private solarium and sits on a ground-floor level. The price of EUR 445,000 works out at approximately EUR 4,320 per m2 of built space. The plot provides ample outdoor area totalling 324 m2, giving scope for gardens, terraces, or parking. Alicante-Elche Airport is 35 minutes by car, making it accessible for regular travellers.Algorfa is a small inland municipality in the southern Vega Baja comarca of Alicante province. The village centre on Calle Mayor has a local weekly market, and the La Finca Golf Resort lies within the municipality, offering 27 holes across two courses. The nearest coastal towns are Guardamar del Segura and Torrevieja, both reachable in under 20 minutes by car. Comunidad Valenciana's planning framework applies here, and daily essentials are within a short drive, though contact the agent for confirmed supermarket distances.As a new-build in Comunidad Valenciana, this villa is subject to IVA at 10% rather than ITP, adding EUR 44,500 in transfer tax. Additional purchase costs include notary fees of approximately 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. Community fees are EUR 0 per year. IBI figures are not yet available for this new-build. The energy rating is G, which is typical for properties at this stage prior to final certification.The 324 m2 plot provides space for landscaping or a private pool, subject to planning permissions. The solarium adds a dedicated upper-level outdoor area suitable for year-round use given Algorfa's inland Alicante climate. Plot boundaries and exact outdoor layouts should be confirmed with the developer during the reservation process.

Features

  • New build
  • Solarium
  • Private plot
  • 3 bedrooms
  • 1 bathroom
  • Ground floor
  • Private garden
  • Off-road parking potential
  • Air conditioning ready
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms3
Bathrooms1
Built Area103 m²
Plot Size324 m²
Floor0
Energy CertificateG
Reference68914084-01

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 445,000 asking price?
As a new-build, this villa is subject to IVA at 10% (EUR 44,500) rather than the resale ITP rate. You should also budget for notary fees of EUR 600–1,200, land registry fees of EUR 400–800, and solicitor/legal fees of approximately 1% of the purchase price plus VAT. Total additional costs typically amount to 12–14% of the price.
Can non-residents obtain a mortgage on this property?
Yes. Non-resident buyers 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 with Spanish lenders range from approximately 3.5% to 4.5%. We recommend obtaining a mortgage pre-approval before making a formal offer.
What are the ongoing running costs for this villa?
Community fees are EUR 0 per year. IBI (annual council tax) figures are not yet available for this new-build and will be confirmed once the property is registered with the local catastro. Basura (rubbish collection) charges are also pending registration. Please ask the agent for updated figures once available.
Can I arrange a viewing, and are remote options available?
Yes. In-person viewings can be arranged at a time to suit you. If you are based outside Spain, we can organise a live video viewing so you can walk through the property remotely before committing to travel. Contact our team to book either option.
Does this villa have rental potential?
Algorfa and the surrounding Vega Baja area attract both long-term residents and visitors to the La Finca Golf Resort. Long-term rental demand exists from expats and workers in the area. For short-term holiday lets, a tourist licence from the Valencian Community authorities is required. Speak to the agent for guidance on the licensing process and local rental market conditions.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain via the National Police. Once a price is agreed, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) secures the property. A private purchase contract (arras) follows, with around 10% of the price paid at that stage. The sale is completed before a notary, at which point the remaining balance and all taxes are settled. A solicitor is strongly recommended throughout.

Price

€445,000€4,320/m²

Ref: 68914084-01

Maya Kallio
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
1
Build Size
103
Plot Size
324
Energy Rating
G