2 bedroom apartment for saleAlgorfa, Alicante, Valencia, Spain
"We are pleased to offer for sale this beautiful apartment in the developed settlement of Fontana 2 in the beautiful village of Algorfa, located in the Vega Baja region on the southern coast of Costa Blanca. This is a very popular area due to its amenities and conveniences, including Spanish traditions, local festivals, and weekly markets with fresh produce. The apartment is bright and spacious, with a good-sized living area. The apartment has an east-facing view and overlooks the communal pool. The apartment has air conditioning. The complex itself is well-maintained with beautiful garden decorations, including water features, floral arrangements, and a gazebo with a seating area. There is a wonderful communal pool and garden here. The apartment comes with private underground parking. There is an elevator and stairs to the apartment. At the entrance of the apartment, there is a utility room, and along the corridor, there is a semi-open kitchen that is large enough and has enough storage and workspace. The living room is spacious and has large double doors leading to the terrace. From the living room, there are two good-sized bedrooms with wardrobes and a family bathroom. Within 5 minutes from the Montemar and La Finca golf courses, you are among some of the most beautiful villages and amenities in Quesada. And if you are not a golf lover, explore the surroundings with its tapas bars, water parks, go-karting, horseback riding, quad biking, and many other activities! 15 minutes drive to Guardamar beach. 40 minutes drive to Alicante airport."
Characteristics
Property type
All Types
Object type
Flat
Price
87 304 $
FAQ
How can I get a residence permit by buying property in Spain?
In Spain a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Algorfa; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.
Is a mortgage available for non-residents in Spain?
Banks in Spain finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.
What taxes and fees apply when buying in Spain?
Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.
How is the title checked in Spain?
A title search at the land registry of Spain takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.
Can I rent out property after purchase in Spain?
Yes. Rental income tax is 5–25% depending on the regime. In Algorfa short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (87 304 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Spain?
A typical transaction runs 30–90 days, averaging 45 in Algorfa: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).
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