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Charming Top-Floor Apartment with Private Solarium in Fontana 1, AlgorfaWelcome to this beautifully presented 2-bedroom, 1-bathroom top-floor apartment located in the sought-after Fontana 1 complex in the heart of Algorfa. This light-filled property offers the perfect blend of comfort and Mediterranean charm, ideal as a holiday home, rental investment, or permanent residence.The apartment features a spacious open-plan living and dining area, a fully equipped and upgraded kitchen with LED under-cabinet lighting, two double bedrooms with built-in wardrobes, and a modern renovated bathroom. Ceiling fans are installed throughout, along with air conditioning that ensures comfort year-round. The property also boasts aluminium persianas (roller shutters) and modern security grills with safety opening mechanisms for added peace of mind.Step out onto the private balcony, fitted with toldos (awnings) for shade and relaxation, or head upstairs to your very own private solarium, perfect for sunbathing, entertaining, or enjoying stunning views of the surrounding countryside and mountains. The solarium features artificial grass for a low-maintenance green space and a cold-water shower, ideal for cooling off during warm summer days.Additional benefits include lift access, a communal pool, and secure gated entry. The apartment also comes with underground parking.Situated just a short stroll from local amenities including shops, bars, restaurants, and sports facilities such as the municipal sports center and tennis courts, and only 15 minutes from the beaches of Guardamar and La Marina. Golf lovers will appreciate the close proximity to the prestigious La Finca Golf Resort, just 5 minutes away.
Property Features
- 2 bedrooms
- 1 bathroom
- Swimming Pool
- Walking distance to shops, restaurants, ...
- Close to golf resort
- dishwasher
- Close to shops, restaurants, ...
- Community fees
- Close to sports facilities
- Communal garden
- Blinds
- Garage
- Close to medical centre
- Parking on road
- Communal Parking
- Close To Town And Amenities
- Close to schools
- 2 Entrances
- Private Terrace
- Roof Terrace
- Parking - Off Road
- Private Solarium
- Communal Pool
Costing Breakdown
Standard form of payment
Reservation deposit
3,000€
Remainder of deposit to 10%
11,500€
Final Payment of 90% on completion
130,500€
Property Purchase Expenses
Property price
145,000€
Transfer tax 8%
11,600€
Notary fees (approx)
600€
Land registry fees (approx)
600€
Legal fees (approx)
1,500€
* Transfer tax is based on the sale value or the cadastral value whichever is the highest.
** The information above is displayed as a guide only.
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In Spain, two primary taxes are associated with property purchases: IVA (Value Added Tax) and ITP (Property Transfer Tax). IVA, typically applicable to new constructions, stands at 10% of the property's value. On the other hand, ITP, levied on resale properties, varies between regions but generally ranges from 6% to 10%.
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In Spain, mortgages, known as "hipotecas," are common, and the market has seen significant growth and evolution.