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Flat 73 м² in Algorfa, Spain

95 985 $

1 314 $ /м²

4OTaa
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Area

73 м2

Bedrooms

2

Bathrooms

1

2 bedroom apartment for sale Algorfa, Alicante, Valencia, Spain

Take a look at this fantastic south facing first floor apartment in the gated Fontana III development in Algorfa, located in the south of the Costa Blanca. A popular area due to its local amenities in close proximity, traditional Spanish fiestas in the summer and events all year round, and local markets on Saturdays/Sundays with fresh produce. The first floor has its own entrance with a large south facing terrace divided into 2 parts, with magnificent views of orange and lemon groves. When you enter the property, you will be greeted by the living/dining room and open plan kitchen. Separate laundry room. Just off the lounge are 2 double bedrooms and a family bathroom. This property is being sold furnished and benefits from an air con system. The development itself has the only heated community pool in the area which can be used and enjoyed all year round, with elevators to access the communal sun deck. Well cared for by the community, clean and tidy, with water features and plants all around. On the opposite side you have a large sports center and children's park with tennis and paddle courts, soccer fields, municipal pool and restaurant/bar. Less than 5 minutes away is the famous La Finca golf course. The nearest beaches of Guardamar are less than 15 minutes' drive away. Alicante Airport is a 35-minute drive away.

Additional details

Property type

All Types

Object type

Flat

Price

95 985 $

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 (95 985 $) 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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