New-Build 4-Bed Villa with 345m2 Build in Algorfa, Alicante
Centro, Algorfa · Alicante
4 Bed3 Bath345 m²374 m² plotEnergy: G
Description
At EUR 815,000, this new-build 4-bedroom, 3-bathroom villa in Algorfa delivers 345 m2 of built space on a 374 m2 plot. The ground-floor position across a single lot means all living areas and bedrooms are arranged over one connected structure. With 3 full bathrooms and 4 bedrooms, the layout suits both family use and those wanting dedicated guest accommodation. The price per m2 works out at approximately EUR 2,362 based on the build size.Algorfa is a small inland municipality in southern Alicante province, roughly 35 minutes by road from Alicante-Elche Airport (ALC). The town sits close to La Finca Golf Resort, one of the region's established 18-hole courses, and is within easy reach of the commercial areas along the CV-905 corridor. Algorfa's local market and everyday amenities are concentrated in the town centre, while larger retail and medical facilities are accessible in Almoradí, approximately 10 kilometres away. The nearest Mediterranean beaches, around Guardamar del Segura, are reachable in under 20 minutes by car.As a new build in Alicante province, this villa is subject to IVA at 10% rather than the resale transfer tax, adding EUR 81,500 to purchase costs. Notary fees typically run between EUR 600 and EUR 1,200, land registry between EUR 400 and EUR 800, and independent legal representation around 1% of the purchase price plus VAT. Community fees are listed at EUR 0, and IBI figures are not yet available from the local authority. The property carries an energy rating of G. Algorfa attracts buyers seeking golf-adjacent properties within manageable distance of the airport, which may support short-term rental demand.The plot of 374 m2 provides space for a private garden and outdoor area surrounding the villa. Buyers should confirm directly with the developer the specific outdoor configuration, pool inclusion, and any finish specifications applicable to this unit, as full build-out details remain subject to the developer's current specification sheet.
Features
- New build
- 4 bedrooms
- 3 bathrooms
- 345 m2 build size
- 374 m2 plot
- Ground floor
- Private garden
- No community fees
- 35 minutes to Alicante-Elche Airport
- Close to La Finca Golf Resort
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 345 m² |
| Plot Size | 374 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 14810267-02 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Algorfa · 38.0585, -0.7972
About Centro, Algorfa
Algorfa is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs for this villa in Algorfa?
As a new build, this villa is subject to IVA (VAT) at 10% rather than the resale transfer tax (ITP). On a price of EUR 815,000, that means EUR 81,500 in IVA. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of EUR 400–800, and independent legal fees of around 1% of the purchase price plus VAT (approximately EUR 8,150 before VAT). Total purchase costs typically add 12–13% on top of the agreed price.
Can I get a mortgage to buy this property as a non-resident?
Non-resident buyers can typically access mortgages covering 60–70% of the purchase price or valuation (whichever is lower), meaning a deposit of 30–40% is generally required. On EUR 815,000, you would need approximately EUR 244,500–326,000 in available funds before costs. Current variable and fixed rates from Spanish lenders range from roughly 3.5% to 4.5% APR, though rates vary by lender and applicant profile. We recommend speaking with an independent mortgage broker familiar with the Spanish market.
What are the ongoing running costs for this villa?
Community fees for this property are listed at EUR 0 per year. Annual IBI (local property tax) figures are not yet available from the Algorfa local authority for this new build; your solicitor can request an estimate once the property is registered. Utility contracts for water and electricity will need to be set up on completion. Waste collection (basura) charges vary by municipality and are set annually by Algorfa town council.
Can I view this property remotely before travelling to Spain?
Yes. OceanHome can arrange a live video viewing of the site, show home, or developer showroom via video call at a time convenient to you. We can also provide additional photographs, floor plans, and the developer's specification document on request. If you decide to proceed, an in-person visit before exchange is strongly recommended.
Is this villa suitable as a rental investment?
Algorfa is close to La Finca Golf Resort and is around 35 minutes from Alicante-Elche Airport, which draws a consistent flow of golf tourists and short-break visitors to the area. Short-term holiday rental licences in the Valencian Community require registration with the regional tourism authority. Demand in this corridor is generally seasonal, with stronger occupancy from spring through autumn. We do not quote yield percentages, but an independent rental management company can provide realistic occupancy projections based on current local data.
What does the purchase process involve for a buyer new to Spain?
You will first need a Spanish tax identification number (NIE), which your solicitor can obtain on your behalf via a power of attorney. Once terms are agreed, a reservation contract is signed and a holding deposit (typically EUR 3,000–6,000) is paid to take the property off the market. This is followed by a private purchase contract or developer stage-payment schedule for new builds, with further payments during construction. Completion takes place before a notary, at which point the balance is paid and the title deed (escritura) is signed. Your solicitor will then handle registration at the land registry and utility transfers.
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
- 4
- Bathrooms
- 3
- Build Size
- 345 m²
- Plot Size
- 374 m²
- Energy Rating
- G
