New-Build 4-Bedroom Villa in Algorfa, Comunidad Valenciana
Centro, Algorfa · Alicante
4 Bed3 Bath199 m²10078 m² plotEnergy: G
Description
Set on a generous 10,078 m2 plot, this new-build 4-bedroom villa in Algorfa delivers 199 m2 of built space across a single storey. The property includes 3 bathrooms and a solarium providing an upper-level outdoor area with open views across the surrounding countryside. Alicante-Elche Airport is reachable in approximately 35 minutes by car, making this a practical choice for regular travellers.Algorfa is a small inland municipality in the southern part of Alicante province, situated within the Comunidad Valenciana. The town centre, roughly 2 km from most residential plots in the area, has a weekly market, a local pharmacy, and everyday amenities along Calle Mayor. La Marquesa Golf Course sits within the Algorfa municipality itself, and the market town of Rojales is approximately 8 km away. Distances to the nearest beaches are available on request from the agent.Priced at EUR 995,000, the price per m2 of built space is approximately EUR 5,000. As a new build in the Comunidad Valenciana, the applicable purchase tax is IVA at 10 per cent rather than ITP. There are no community fees recorded for this property. IBI has not yet been assessed for this new build. The energy rating is G, which is common for new-build villas prior to completion and formal certification.The 10,078 m2 plot provides substantial outdoor space around the villa, with room for landscaping, a private pool, or additional structures subject to planning permissions. The solarium adds a dedicated upper-level area suitable for sunbathing or al fresco dining with views across the plot and surrounding terrain.
Features
- New build
- 4 bedrooms
- 3 bathrooms
- Solarium
- Private plot of 10,078 m2
- 199 m2 build area
- Single-storey layout
- No community fees
- 35 minutes to Alicante-Elche Airport
- Proximity to La Marquesa Golf Course
Property Details
| Property Type | Villa |
| Bedrooms | 4 |
| Bathrooms | 3 |
| Built Area | 199 m² |
| Plot Size | 10078 m² |
| Floor | 0 |
| Energy Certificate | G |
| Reference | 32458143-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Algorfa · 38.0710, -0.7868
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 995,000 asking price?
As this is a new build, you pay IVA at 10% (EUR 99,500) rather than ITP. Additional costs include notary fees of approximately EUR 600–1,200, land registry fees of approximately EUR 400–800, and legal fees typically around 1% of the purchase price plus VAT (approximately EUR 11,990 + VAT). In total, budget for roughly 12–14% on top of the purchase price.
Can non-residents obtain a mortgage for this property?
Yes. Spanish banks generally lend up to 60–70% of the purchase price to non-residents, meaning a deposit of 30–40% is typically required. On EUR 995,000 that equates to a deposit of approximately EUR 298,500–398,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5–4.5% range, though individual terms vary by lender and applicant profile.
What are the ongoing running costs for this villa?
There are no community fees recorded for this property. IBI (local property tax) has not yet been assessed as the build is new; once the catastral value is established, IBI will be set by Algorfa town hall. Utility costs will depend on usage. We recommend requesting an updated costs estimate from the agent once the property is registered.
How can I arrange a viewing?
You can book an in-person viewing through OceanHome by contacting our team directly. If you are based outside Spain, we also offer video viewings, where one of our agents walks through the property and plot with you live via video call so you can ask questions in real time.
Does this property have rental potential?
Algorfa and the wider Vega Baja del Segura area attract both long-term residents and visitors to the nearby golf courses. A property of this size and plot could appeal to long-term tenants. For short-term tourist lettings, a regional tourist licence from the Generalitat Valenciana is required. We recommend speaking to a local property manager for realistic rental assessments specific to this location.
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. Once agreed, a reservation fee is typically paid to take the property off the market, followed by a private purchase contract (arras) where around 10% of the price is exchanged. The remaining balance is paid at the notary upon signing the public deed of sale. A solicitor is strongly recommended throughout to carry out due diligence on the new-build licence and developer guarantees.
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
- 199 m²
- Plot Size
- 10078 m²
- Energy Rating
- G
