4th-Floor New-Build Apartment in Acequion, Torrevieja
Acequión, Torrevieja · Alicante
2 Bed1 Bath61 m²Energy: G
Description
A new-build apartment on the 4th floor of a residential building in Acequion, Torrevieja, this 2-bedroom, 1-bathroom property covers 61 m2 of internal space. The building includes a communal pool and a lift. Alicante-Elche Airport is approximately 35 minutes by road, making the location straightforward for international travel.Acequion is a well-established residential area on Torrevieja's eastern seafront. Playa del Acequion, one of the town's two Blue Flag beaches, runs along the neighbourhood's eastern edge. Avenida Gregorio Marañón and Calle Patricio Pérez carry the main local amenities, including supermarkets, cafés, and pharmacies, all within easy walking distance of the building.At EUR 285,000, the price per m2 works out at approximately EUR 4,672. As a new-build property, VAT applies at 10% rather than the standard resale transfer tax, adding EUR 28,500. Additional purchase costs include notary fees of approximately EUR 600 to 1,200, land registry fees of approximately EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are currently set at EUR 0. No IBI figure has been confirmed at this stage. The energy rating is G, which is typical for new-build properties of this specification in the Valencia region. Acequion's proximity to the beach and Torrevieja's established rental market make this property worth considering for those seeking a holiday letting investment.
Features
- New build
- 4th floor
- Communal pool
- Lift
- 2 bedrooms
- 1 bathroom
- 61 m2 build size
- Air conditioning
- Double glazing
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 1 |
| Built Area | 61 m² |
| Floor | 4 |
| Energy Certificate | G |
| Reference | 57906245-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Acequión, Torrevieja · 37.9737, -0.6935
About Acequión, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca.
Frequently Asked Questions
What are the purchase costs on top of the asking price?
As a new-build, this apartment is subject to IVA (VAT) at 10% of the purchase price, which amounts to EUR 28,500. You should also budget for notary fees (approximately EUR 600 to 1,200), land registry fees (approximately EUR 400 to 800), and legal fees of around 1% of the purchase price plus VAT. Total additional costs are typically in the region of EUR 32,000 to 34,000.
Can non-residents get a mortgage on this property?
Yes. Spanish banks generally lend up to 60 to 70% of the purchase price to non-residents, meaning a deposit of 30 to 40% is required. On EUR 285,000 that equates to between EUR 85,500 and EUR 114,000. Variable and fixed rates are currently in the range of 3.5 to 4.5% depending on the lender and your financial profile.
What are the ongoing running costs?
Community fees are currently EUR 0 per year. No IBI (council tax) figure has been confirmed for this property at the time of listing. You should also allow for utility connections and annual basura (waste collection) charges once set by the local authority.
Can I arrange a viewing remotely?
Yes. OceanHome offers video viewings for buyers who cannot visit in person. Contact our team to schedule a live video walkthrough at a time that suits you, or to request additional photography of specific areas of the property.
Is this property suitable for holiday letting?
Acequion is a tourist area with high demand for short-term rentals, particularly during the summer months thanks to its proximity to Playa del Acequion. A valid Valencian tourist licence (VT licence) is required before letting legally. We recommend confirming with your legal adviser that the building's community rules permit tourist lettings before proceeding.
What does the purchase process involve?
First, you will need an NIE (Número de Identificación de Extranjero), the tax identification number required for all property purchases in Spain. Once agreed, a reservation fee is paid to take the property off the market. This is followed by a private purchase contract (arras), typically with a 10% deposit, and finally completion is signed before a Spanish notary, at which point the balance and taxes are paid.
Maya Kallio💚
The Heart of Our Operations
Co-founder of OceanHome. Helping international buyers find their dream property in Spain since 2004.
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Key Details
- Type
- apartment
- Bedrooms
- 2
- Bathrooms
- 1
- Build Size
- 61 m²
- Energy Rating
- G
