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New-Build 3-Bedroom Villa with Solarium, Algorfa

Centro, Algorfa · Alicante

3 Bed2 Bath111 m²358 m² plotEnergy: G

Description

On a 358m2 plot in Algorfa, this new-build villa provides 111m2 of built space across 3 bedrooms and 2 bathrooms, with a private solarium on the upper level. The plot offers ample outdoor space for a garden layout, and the ground-floor position means direct access between the living areas and the exterior. The property holds an energy rating of G, which is standard for new-build villas of this type in the Comunidad Valenciana.Algorfa is a small inland municipality in the province of Alicante, sitting approximately 35 minutes by car from Alicante-Elche Airport (ALC). The town centre of Algorfa contains a supermarket, local bars, and a weekly street market. La Finca Golf and Spa Resort, one of the area's main leisure facilities, is located within the Algorfa municipality itself. The CV-910 connects Algorfa directly to Guardamar del Segura and its Blue Flag beaches on the Costa Blanca South.At EUR 475,000, the price per m2 of built space works out to approximately EUR 4,279. As a new-build in the Comunidad Valenciana, the applicable purchase tax is IVA at 10%, which amounts to EUR 47,500. Notary fees typically run between EUR 600 and EUR 1,200, and land registry costs between EUR 400 and EUR 800. Legal fees are generally around 1% of the purchase price plus VAT. No community fees apply to this property, and IBI has not yet been assessed for this new-build.The 358m2 plot allows for a private garden and off-road parking alongside the solarium, which adds usable outdoor space at roof level with open views across the surrounding landscape. The plot size also permits the addition of a private pool, subject to local planning approval from Algorfa town hall.

Features

  • New build
  • Solarium
  • Private plot of 358m2
  • 3 bedrooms
  • 2 bathrooms
  • Ground floor
  • Private garden
  • Off-road parking
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area111 m²
Plot Size358 m²
Floor0
Energy CertificateG
Reference98929351-02

Distances & Nearby

✈️
airport
35 min (Alicante-Elche ALC)

Location

Centro, Algorfa · 38.0664, -0.7860


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 property in the Comunidad Valenciana, this villa is subject to IVA at 10% rather than ITP. On a purchase price of EUR 475,000, that equates to EUR 47,500 in tax. You should also budget for notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal representation at approximately 1% of the purchase price plus VAT (around EUR 4,750 plus VAT). Total purchase costs typically add 12 to 14% on top of the agreed price.
Can non-residents obtain a mortgage on this property?
Yes. Spanish banks will generally lend to non-residents, though the loan-to-value ratio is usually capped at 60 to 70%, meaning a deposit of 30 to 40% is required. On EUR 475,000, that deposit would be between EUR 142,500 and EUR 190,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the range of 3.5% to 4.5% APR, though terms vary by lender and applicant profile.
What are the ongoing running costs for this villa?
There are no community fees associated with this property. The IBI (annual council tax) has not yet been assessed for this new-build and should be confirmed with the local Algorfa town hall once the property is registered. The agent can provide an indicative figure on request. Basura (waste collection) charges will depend on the local authority's tariff and have not yet been confirmed.
Can I arrange a viewing, and is a remote option available?
Viewings can be arranged directly through OceanHome. If you are unable to travel to the Costa Blanca, a video viewing can be conducted via WhatsApp or video call, allowing you to see the plot, build progress, and surrounding area in real time. Contact the agent to book either option at a time that suits you.
Is this property suitable for holiday letting?
Algorfa and the surrounding Costa Blanca South area attract a consistent flow of golfers and beach visitors, given the proximity of La Finca Golf and the beaches at Guardamar del Segura. A tourist licence would be required before letting the property on a short-term basis in the Comunidad Valenciana. The agent can advise on licence requirements for this specific location.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate in your home country or in person in Spain. Once an offer is agreed, a reservation contract is signed and a holding deposit, typically EUR 3,000 to EUR 6,000, is paid to take the property off the market. A private purchase contract (arras) follows, at which point around 10% of the purchase price is transferred. Completion takes place before a notary, where the remaining balance, taxes, and fees are settled and the title deeds are signed over.

Price

€475,000€4,279/m²

Ref: 98929351-02

Maya Kallio
Maya Kallio💚
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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
111
Plot Size
358
Energy Rating
G