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New-Build 3-Bed Villa on 351m2 Plot, Algorfa, Alicante

Centro, Algorfa · Alicante

3 Bed2 Bath98 m²351 m² plotEnergy: G

Description

On a 351 m2 plot in Algorfa, this new-build villa delivers 98 m2 of built space across a single storey with 3 bedrooms and 2 bathrooms. The plot-to-build ratio provides generous outdoor space relative to the 98 m2 interior. Priced at EUR 420,000, the property carries an energy rating of G. Alicante-Elche Airport is approximately 35 minutes by car.Algorfa is a small inland municipality in the Vega Baja del Segura comarca of Alicante province. The town centre, roughly 1 km from most residential developments in the area, has a weekly market, local bars, and everyday shops along Calle Mayor. La Finca Golf Resort sits within the Algorfa municipal boundary and is one of the closest golf facilities to properties in this part of Comunidad Valenciana. The coastal resorts of Guardamar del Segura and Torrevieja are each within approximately 20 km.At EUR 420,000 for 98 m2, the price per m2 works out at approximately EUR 4,286. As a new-build property in Comunidad Valenciana, the applicable purchase tax is IVA at 10 per cent, which adds EUR 42,000. Additional costs include notary fees of EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of approximately 1 per cent plus VAT. Community fees are EUR 0 per year. IBI has not been confirmed for this plot. Algorfa falls within a tourist rental licence area, making the property eligible for short-term rental registration subject to local authority approval.The 351 m2 plot allows for a private garden and off-road parking, with space to add a private pool subject to planning permission. Outdoor terrace dimensions have not been confirmed by the developer at this stage. The ground-floor layout provides direct access between the interior living areas and the plot.

Features

  • New build
  • Private plot of 351 m2
  • 3 bedrooms
  • 2 bathrooms
  • Single-storey layout
  • Private garden
  • Off-road parking
  • Air conditioning
  • Double glazing
  • Energy rating G

Property Details

Property TypeVilla
Bedrooms3
Bathrooms2
Built Area98 m²
Plot Size351 m²
Floor0
Energy CertificateG
Reference98929351-05

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 EUR 420,000 asking price?
As a new-build property in Comunidad Valenciana, IVA applies at 10%, adding EUR 42,000. Notary fees typically run EUR 600–1,200, land registry fees EUR 400–800, and independent legal fees around 1% of the purchase price plus VAT (approximately EUR 4,200 + VAT). Total additional costs are usually 12–14% of the purchase price.
Can non-residents obtain a mortgage on this property?
Non-resident buyers can typically borrow up to 60–70% of the purchase price or valuation, whichever is lower, meaning a deposit of 30–40% is required. On EUR 420,000 that equates to EUR 126,000–168,000. Current variable and fixed rates from Spanish lenders range from approximately 3.5% to 4.5% depending on the term and lender.
What are the ongoing running costs for this villa?
Community fees are EUR 0 per year. The annual IBI (council tax) figure has not yet been confirmed for this plot; your solicitor can request an estimated figure from Algorfa Town Hall prior to exchange. Utility connection and waste collection charges will apply once the property is occupied.
Can I view this property remotely?
Yes. OceanHome can arrange a live video viewing via WhatsApp or video call at a time that suits you. An in-person visit to the Algorfa site can also be organised, including a tour of the show home if one is available from the developer.
What is the rental potential for this villa in Algorfa?
Algorfa and the wider Vega Baja del Segura area attract both short-term holiday visitors and longer-term winter residents. Proximity to La Finca Golf Resort supports demand from golf tourists. To let the property on a short-term basis you will need to obtain a tourist rental licence from the Generalitat Valenciana; your solicitor can advise on the application process.
What does the purchase process involve?
First, obtain a Spanish tax identification number (NIE), which your solicitor can assist with. Once you have agreed terms, a reservation fee (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract (contrato de arras) where a further deposit, usually 10%, is paid. On new builds, stage payments may apply during construction. Completion takes place before a notary, at which point the remaining balance is transferred and keys are handed over.

Price

€420,000€4,286/m²

Ref: 98929351-05

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
2
Build Size
98
Plot Size
351
Energy Rating
G