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House 61 м² in Algorfa, Spain

116 303 $

1 906 $ /м²

4OTlC
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Area

61 м2

Bedrooms

2

Bathrooms

1

2 bedroom bungalow for sale in Algorfa, Alicante, Valencia, Spain.

This is a very nice property in a desirable location, within walking distance to all amenities. The bungalow is located in a secure residential complex directly opposite the community pool. There is parking as well as a communal tennis court. The property is entered via a raised terrace into a living-dining room with an 'American' kitchen. There are 2 bedrooms with fitted closets and a bathroom. From the kitchen there is access to a large sitting area with covered browsers and a spiral staircase leading to a very large, sunny terrace with lovely views. Within minutes you can walk to the many bars and restaurants at La Finca Golf Resort and the Algorfa Hotel, which offers entertainment and invests in an on-site bakery. This is a must see property, ideal as both a vacation home and permanent residence. Contact us today to arrange your appointment!

Additional details

Property type

All Types

Object type

House

Price

116 303 $

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 (116 303 $) 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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