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Project Specifications
Price range
€158,202 — €225,570
Surface
57–93 m²
Bedrooms
1–3
Delivery
2025
Features & Amenities
Nearby
Airport · Murcia-Corvera (RMU)
71 km · 57 min drive
Sea
10 km · 15 min drive
Market Analysis & Price Development
At €2,775/m², Montes de Algorfa is priced 0% below area average the Algorfa Centre average of €2,500/m² (INE 2024). The area has appreciated 5.2% annually over the past five years (INE Registradores). Estimated gross rental yield: 4.5–7.2%.
| Metric | Montes de Algorfa | Algorfa Centre Avg |
|---|---|---|
| Price per m² | €2,775 | €2,500 |
| Premium / Discount | 0% below area average | |
| 5-year appreciation | 5.2% per year | |
| Gross rental yield | 4.5–7.2% | |
| Deposit plan | 30/0/70 | |
| Bank guarantee | Yes (Ley 57/1968) | |
| Source: INE 2024 · INE Registradores · Analysis by veritySpain Editorial Team | ||
Editorial Analysis
## Location & Connectivity in Algorfa Algorfa, a quaint municipality in Alicante, Spain, is located on the Costa Blanca, known for its picturesque landscapes and golf courses. The new build Algorfa development is easily accessible via major roads such as the AP-7 and N-332, and it is approximately 51 km from Alicante airport, providing decent connectivity for both residents and tourists. Algorfa's location score of 7.3/10 reflects its relative distance from major urban centers and the sea, which may impact convenience and desirability for some buyers.
## Architecture & Build Quality The penthouses in this development range from 57 to 93 m² and are designed with attention to detail, achieving an architecture and build quality score of 8.5/10. Noteworthy features include mountain views, a community pool, and a solarium, adding to the overall appeal. The construction quality is evident in the use of built-in cabinets and furnished kitchens with appliances, although specific energy class ratings have not been disclosed.
## Investment Analysis Priced from €158,202, the property Algorfa Spain offers a price per square meter of €2,775, placing it within the typical range for Costa Blanca, which is €2,200 to €3,500/m². With an estimated gross rental yield of 4-7% for the area, the development presents a potentially lucrative investment opportunity. However, with a completion date set for 2025, buyers should consider potential timeline risks, common in new construction projects.
## Living Experience & Amenities The development offers a community-centric living experience with a range of amenities such as a community gym and green areas. The location score of 7.3 is influenced by its 10.0 km distance from the sea and limited proximity to major urban amenities. Practical considerations for expat buyers include the availability of schools, hospitals, and other essential services within Algorfa. The community pool provides a shared space for recreation, although the absence of private pools may be a downside for some.
Investment snapshot
How we score →Est. rental income
4.5–7.2% yield on entry price
5-yr appreciation (projected)
Based on 5.2%/yr · source: INE Registradores
Projections are indicative only. Actual returns depend on mortgage structure, management costs, Spanish non-resident income tax (IRNR), community fees and IBI. Not investment advice.
Full media library
Dutch Spain Investment maintains their own asset library for Montes de Algorfa — brochures, floor plans, renders, and any available video walkthroughs. Opens in a new tab; we do not host or modify these files.
Link sourced from the HabiHub agent portal. veritySpain does not store or redistribute developer assets.
Verdict — 7.9/10
Rated 7.8 out of 10 by veritySpain, this penthouse in Algorfa indicates a strong investment potential. Architecture scores 8.5 driven by quality finishes and design. However, location at 7.3 reflects its distance from the coast, affecting convenience for beach lovers.
Payment Structure
Reservation Deposit
Secures your unit selection
€6,000
Contract Signing
30% of purchase price
≈ €47,461
Completion & Handover
70% of purchase price
≈ €110,741
Mortgage Available
Bank Guarantee
Ley 57/1968 protected
Pre-completion Total
You pay 30% before receiving keys
Who Is Montes de Algorfa For?
Ideal For
- ✓Northern European retirees seeking sub-€300k penthouses within 2km of golf courses
- ✓Investors looking for rental yields of 4-7%
- ✓Families interested in community living with access to schools and hospitals
Skip This Property If
- ×€2775/m² exceeds your budget
- ×10.0 km to beach is too far
- ×Completion in 2025 does not meet your timeline
Why Consider This Project Now (2026)
- 1.Scored 7.9/10 on the veritySpain index
- 2.Delivery 2025
Location & Accessibility
Algorfa Centre, Algorfa · Alicante, Costa Blanca
Frequently Asked Questions
What is the price per square metre for new build property in Algorfa?
€2775/m². This is within the range of the Costa Blanca average of €2,200-3,500/m², providing fair value.
How far is this penthouse in Algorfa from the beach?
10.0 km from the sea. Driving is recommended as walking could be impractical; beaches here are known for their cleanliness.
When will new build developments in Algorfa be completed?
2025. The development is in the construction phase, and 'key ready' means buyers can move in upon completion.
Is Algorfa on the Costa Blanca a good area to buy property in Spain?
Yes, based on 7.8/10. Algorfa offers a balanced investment potential and a pleasant lifestyle, especially for golf enthusiasts.
What amenities does this new development in Algorfa include?
Community pool, gym, green areas, and garage. Note there is no private pool, which some buyers may expect.
