Located in the region of Vega Baja del Segura in the province of Alicante, Algorfa is a municipality with a rich history dating back to the year 1328. With historical landmarks such as the Parish Church of San Andrés Apóstol and an ancient water well known as the Pou del Poble that resonate with its agricultural past. Its location, nestled between the Callosas mountains and the Segura river, offers a spectacular landscape. Being a focal point on the Costa Blanca, Algorfa is strategically located close to the most important cities and also near national and international airports.
Exclusive Property Market in Algorfa
Currently, the exclusive property market in Algorfa enjoys stability, with a firm demand that matches the variety of luxury properties available. Buying a property in Algorfa will involve considering certain additional costs, such as transfer tax, real estate commissions, notary fees, and occasionally, some legal inspection or construction costs.
Taxes and Fees in Algorfa
The transfer tax on private property in Algorfa is around 10%, depending on the value of the property. It is important to keep in mind that there are additional taxes for luxury property buyers, such as the wealth tax. For Algorfa residents, the income tax is a progressive scale that varies depending on the level of income.
Acquiring a Home in Algorfa
To acquire a home in Algorfa, generally, your bank could loan you up to 80% of the purchase price of the property. However, this can vary depending on factors such as your financial solvency and the value of the property you wish to buy.
Location and Accessibility
Algorfa is famous for its exclusivity, with the residential areas of La Maitino and Lo Crispin being the most sought after. To get here, you can easily access by car from the AP-7 motorway and by rail, from the nearby Almoradí train station. Alicante and Murcia airports are very close.
Education
In terms of education, Algorfa is close to several outstanding schools and institutions, such as the University of Alicante, and international schools.
Environment and Climate of Algorfa
Algorfa is located in the province of Alicante, with a population of approximately 4,200 inhabitants. Its natural environment is composed of lush vegetation and ponds, benefiting from a Mediterranean climate with warm summers and mild winters.
Luxury Life in Algorfa
For those seeking an active lifestyle, Algorfa offers outdoor activities, including golf courses, hiking and cycling routes. Additionally, Algorfa features luxury fashion stores, and gourmet restaurants, as well as a lively nightlife in nearby casinos and clubs. The city also hosts various cultural and sporting events during the year, offering a diverse range of museums, theaters, and art exhibitions to explore.
Health and Services in Algorfa
Nearby hospitals and clinics, such as Quironsalud Torrevieja Hospital, ensure access to high-quality health care. Algorfa also offers solid infrastructure with a wide range of public and commercial services available.