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Flat 73 м² in Algorfa, Spain

83 863 $

1 148 $ /м²

4OTjH
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Area

73 м2

Bedrooms

2

Bathrooms

1

Brand new two bedroom apartment for sale in the town of Algorfa, Alicante province, Valencia, Spain.

We are delighted to present this first floor apartment in the Spanish village of Algorfa, located on the southern Costa Blanca. A popular area due to its local markets with fresh produce, traditional Spanish fiestas and easy access to the freeway to reach surrounding areas such as Benimar, Ciudad Quesada, Orihuela Costa. The apartment is located in the secure gated complex "Cecilia". The apartment consists of two bedrooms with fitted closets, bathroom, fully fitted separate kitchen and a large living room with double sliding doors leading to a south-west facing balcony with fantastic views of the mountains and Ermita Church. There is a communal swimming pool and lounge area. With elevator access to the communal solarium. It is located in the center of the village, within walking distance to all major amenities including sports facilities, bars, restaurants, stores etc. 35 minute drive to Alicante airport.

Additional details

Property type

All Types

Object type

Flat

Price

83 863 $

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 (83 863 $) 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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