Townhouse · Sale Algorfa · Ref. HH-ALG-A10808

220.000€ 230.000€
Price per m2 2.178€/m2

Townhouse · Sale Algorfa · Ref. HH-ALG-A10808

Description

3-Bedroom Townhouse in Paradise Golf, Algorfa – €220,000

Price per m2 2.178€/m2
Built 101m2
Bedrooms 3
Bathrooms 2
Pool Community
Garage Private

Discover your perfect Spanish retreat in this beautifully maintained 3-bedroom townhouse located in the peaceful Paradise Golf residential community in Algorfa. This charming semi-detached property offers 101 m² of thoughtfully designed living space complemented by a generous 69 m² private garden, creating an ideal setting for relaxed Mediterranean living.

The property welcomes you with a front garden featuring convenient parking space and leads to a delightful rear porch complete with a built-in barbecue area – perfect for al fresco dining and entertaining guests. Step inside to find a warm and inviting ground floor featuring a spacious living room with a cozy fireplace, a comfortable double bedroom with built-in wardrobes, a modern shower room, and a well-equipped kitchen with an adjoining utility gallery.

Upstairs, the accommodation continues with two generous bedrooms, both featuring ample built-in wardrobe storage. The master bedroom opens onto a private balcony, while the second bedroom provides access to a beautiful sun-drenched terrace. A full family bathroom with a bathtub serves this floor. The crowning feature is the expansive rooftop solarium offering unobstructed views across the surrounding landscape – an exceptional space for sunbathing, outdoor yoga, or evening cocktails under the stars.

Algorfa: Your Gateway to Authentic Spanish Living

Nestled in the heart of the Vega Baja region, Algorfa combines the tranquility of traditional Spanish village life with excellent modern amenities and convenient access to the Costa Blanca coastline. This charming municipality of approximately 4,000 residents offers an authentic Spanish experience while remaining wonderfully accessible to international buyers seeking a peaceful yet connected lifestyle.

The town center features a selection of quality restaurants, friendly local bars, essential shops, and reliable services, creating a self-sufficient community where daily life flows at a relaxed Mediterranean pace. The renowned La Finca Golf Course sits just minutes away, while the stunning beaches of Guardamar del Segura are a mere 15-minute drive. Alicante-Elche Airport is easily reachable in approximately 35 minutes, making travel to and from European destinations straightforward and stress-free.

Algorfa's weekly street market brings color and vibrancy to the town, offering fresh local produce, artisan goods, and a chance to immerse yourself in genuine Spanish culture. The area enjoys over 300 days of sunshine annually, with mild winters and warm summers creating year-round outdoor living conditions. A growing international community ensures excellent integration support while the town retains its authentic Spanish character.

Investment Perspective

At €220,000 (recently reduced from €230,000), this property represents exceptional value in a location experiencing steady appreciation. The Vega Baja region has demonstrated consistent property value growth of 4-6% annually, driven by increasing international demand and ongoing infrastructure improvements including enhanced road connections to coastal areas.

The property's turnkey condition eliminates renovation costs, allowing immediate occupancy or rental income generation. The combination of golf course proximity, beach accessibility, and authentic Spanish village atmosphere creates strong rental appeal to both long-term tenants and holiday visitors. Current market analysis suggests comparable properties in Paradise Golf achieve annual rental yields of 5-7%, with particularly strong demand during spring and autumn months from golf enthusiasts and retirees seeking extended winter stays.

The €200 quarterly community fee covers maintenance of the attractive communal pool and shared green spaces, representing excellent value. The modest €276 annual IBI tax demonstrates the area's affordability compared to coastal hotspots. With Algorfa's growing reputation among Northern European buyers seeking authentic Spanish lifestyle at accessible price points, properties in established communities like Paradise Golf are increasingly sought after, suggesting strong long-term capital appreciation potential.

Key Features

  • 3 spacious bedrooms with built-in wardrobes providing excellent storage
  • 2 modern bathrooms – ground floor shower room and first-floor family bathroom with bathtub
  • Bright living room with traditional Spanish fireplace creating cozy ambiance
  • Fully equipped kitchen with separate utility gallery for washing and storage
  • Rear porch with built-in barbecue area ideal for outdoor entertaining
  • Private 69 m² garden at entrance providing off-street parking space
  • Sun-soaked balcony off master bedroom and large terrace from second bedroom
  • Impressive rooftop solarium with panoramic unobstructed views
  • Attractive communal swimming pool within secure residential complex
  • Freshly painted throughout and move-in ready with no work required
  • Built in 2007 and maintained to excellent standard
  • Quiet location within Paradise Golf residential community
  • Walking distance to La Finca Golf Course
  • 15 minutes to Guardamar beaches and 35 minutes to Alicante Airport

Frequently Asked Questions About Algorfa and Property Buying in Spain

What amenities and services are available in Algorfa?
Algorfa offers a comprehensive range of daily amenities including supermarkets, banks, pharmacies, medical center, restaurants, bars, and cafés. The weekly street market provides fresh produce and local goods. The nearby La Finca commercial center (5 minutes) features additional shopping, dining, and entertainment options. Essential services like post office, town hall, and police station are centrally located. For larger shopping needs, Almoradi (10 minutes) and Torrevieja (20 minutes) offer major retail centers, while the beaches of Guardamar del Segura are 15 minutes away.
How long does the property buying process take in Spain?
The typical Spanish property purchase takes 6-12 weeks from offer acceptance to completion. The process begins with obtaining your NIE (foreigner identification number), which takes 2-4 weeks. After offer acceptance, you'll sign a reservation contract and pay a deposit (usually €3,000-€6,000). Your lawyer conducts due diligence checks (2-3 weeks), then you sign the arras contract (private purchase agreement) with a 10% deposit. The final purchase occurs at the notary where remaining funds are paid and ownership is transferred. Total buying costs typically add 10-12% to the purchase price (including transfer tax, legal fees, notary, and registration).
What are the annual running costs for a property like this in Algorfa?
Annual costs for this townhouse include: community fees of €800 (€200 quarterly covering pool maintenance and communal areas), IBI property tax of €276, water rates approximately €200-300 (depending on usage), electricity €600-900 (variable based on consumption and season), building insurance around €150-200, and contents insurance approximately €100-150. Total annual running costs typically range from €2,100-2,600. If you're a non-resident, you'll also pay annual non-resident tax (around 2% of the fiscal value). These costs are significantly lower than equivalent properties in coastal resort areas.
Is Algorfa suitable for year-round living or just holidays?
Algorfa is excellent for both permanent residence and holiday use. The year-round resident population of approximately 4,000 includes a substantial international community (primarily British, Dutch, and Scandinavian), ensuring services, restaurants, and social activities operate continuously. The climate is comfortable throughout the year with mild winters (average 16-18°C) and warm summers (average 28-30°C). Medical facilities include a local health center with English-speaking staff, and the major hospital in Torrevieja is 20 minutes away. The growing expat community means social clubs, sports groups, and integration support are readily available for new residents.
What is the rental potential for properties in Algorfa?
Properties in Algorfa demonstrate strong rental appeal, particularly to long-term winter renters and golf enthusiasts. Winter lets (October-April) to Northern European retirees are highly popular, typically achieving €600-800 per month for 3-bedroom properties in good condition. Short-term holiday rentals during peak summer months (July-August) can generate €800-1,200 per week. Annual rental yields for well-maintained townhouses in communities like Paradise Golf typically range from 5-7%. The proximity to La Finca Golf Course makes properties particularly attractive to golf tourists. To legally rent short-term (under 3 months), you'll need a VUT tourist license from the local council, which is readily obtainable for properties meeting basic standards.

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Features

Year of construction: 2007
Bedrooms: 3
Bathrooms: 2
Built: 101m2
Pool: Community
Garage: Private
Parking spaces: 1
Kitchen: 1
Built-in wardrobes: 3

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