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House 111 м² in Algorfa, Spain

204 554 $

1 842 $ /м²

4OTSM
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Area

111 м2

Bedrooms

3

Bathrooms

2

3 bedroom villa / detached house for saleAlgorfa, Alicante, Valencia, Spain

This spacious three bedroom detached villa is located on the popular urbanization of Lo Crispin in Algorfa but close to Ciudad Quesada. The property requires some cosmetic updating but once refurbished would make a lovely family home or, also, a great vacation home in a good residential area. Includes an open living and dining room with lots of windows filling the space with natural light. The separate kitchen has a range of upper and lower cupboards, built-in oven and hob and space for a fridge-freezer. To the rear there is also a useful storage area with washing machine and hot water boiler. Also on the first floor is a double bedroom to the rear, a bathroom with shower cubicle and useful storage under the stairs. Stairs lead to the second floor where there are two further double bedrooms, both with access to their own private terrace, as well as a bathroom. Outside there is a covered terrace to the front, a driveway for off street parking and an area with mature trees. There is access to a large communal pool with seating areas and shaded areas for sun or shade. Lo Crispin has a number of bars and restaurants, with additional units coming soon to the new shopping center. A variety of supermarkets can be found nearby in Ciudad Quesada, as well as a wide range of bars and restaurants for every day. The main highway is a short drive away and provides quick access to Alicante Airport, the cities of Alicante and Elche in about half an hour.

Additional details

Property type

All Types

Object type

House

Price

204 554 $

FAQ

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.
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.
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.
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.
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.
Yes. An inspection costs about 0.5–1% of the price (204 554 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
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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