Ground-Floor New-Build 2-Bedroom Apartment in El Limonar, Torrevieja
Centro, Torrevieja · Alicante
2 Bed2 Bath75 m²Built 2002Energy: G
Description
This ground-floor apartment in El Limonar, Torrevieja, offers 75 m² of living space across 2 bedrooms and 2 bathrooms within a three-storey complex built in 2002. The apartment includes built-in wardrobes, a private garden, a terrace, and a dedicated storage room. Sea views are available from the property, and the complex sits on a ground-floor position suited to those who prefer step-free access.El Limonar is a residential district on the southern edge of Torrevieja, close to the N-332 coastal road and within easy reach of the salt lakes that define this part of the Costa Blanca. The area has local shops, cafés, and public transport connections into Torrevieja centre. Alicante-Elche Airport is approximately 35 minutes by road, making El Limonar practical for owners who travel regularly or let to short-stay guests.Estimated community fees are approximately EUR 100 per month and the estimated annual IBI charge is EUR 420. The apartment carries an energy rating of G. Torrevieja is classified as a tourist area and the complex includes communal facilities — a pool, gymnasium, and solarium — that support a short-let strategy for investors.
Features
- Communal pool
- Private garden
- Terrace
- Sea views
- Gymnasium
- Solarium
- Built-in wardrobes
- Storage room
- Near beach
- Air conditioning
- Ground floor
Property Details
| Property Type | Apartment |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Built Area | 75 m² |
| Floor | 0 / 3 |
| Year Built | 2002 |
| Energy Certificate | G |
| Reference | 70729719-03 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Torrevieja · 38.0010, -0.6904
About Centro, Torrevieja
Torrevieja is one of the most popular destinations on Spain's Costa Blanca for international property buyers. With over 300 days of sunshine per year, excellent healthcare facilities, and a large expat community, the area offers an outstanding quality of life.
Frequently Asked Questions
What purchase costs should I budget for on top of the asking price?
As a new build in the Valencian Community, this purchase carries IVA (VAT) at 10% of the purchase price plus AJD stamp duty at 1.4% of the purchase price. ITP does not apply. Additional costs typically include notary fees (EUR 600–1,200), land registry fees (EUR 400–800), and legal fees of around 1% of the purchase price plus VAT. Reduced rates and local allowances may apply if you meet the Valencian Community's conditions — for example, age, large-family or disability status, or buying a primary residence — and it is worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Non-resident buyers can typically borrow up to 60–70% of the purchase price from a Spanish lender, meaning a deposit of 30–40% is usually required. Current variable and fixed rates from Spanish banks generally range from 3.5% to 4.5%, though the exact terms will depend on your financial profile and the lender. We can put you in contact with independent mortgage brokers who specialise in Spanish property finance.
What are the ongoing running costs for this apartment?
Estimated community fees are approximately EUR 100 per month, covering shared facilities including the pool, gymnasium, and communal gardens. The estimated annual IBI (local property tax) charge is EUR 420. Please note both figures are estimates. There may also be a separate annual refuse collection charge; confirm the current amount with the agent.
Can I view this apartment remotely before travelling to Spain?
Yes. We offer video viewings for buyers who are unable to travel immediately. Our agents can conduct a live walkthrough via video call at a time that suits you, covering the apartment, communal areas, and the surrounding El Limonar neighbourhood. In-person viewings can then be arranged when you are ready to visit.
What is the rental potential for this property?
Torrevieja is a licensed tourist area, and properties here are eligible for short-term holiday rental subject to obtaining the relevant Valencian Community tourist licence. The complex's communal pool, gymnasium, and solarium, combined with the sea views and proximity to the coast, make this apartment attractive to holiday renters. We recommend speaking to a local rental management company for current occupancy rates and achievable nightly figures specific to El Limonar.
What does the purchase process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in person in Spain. The process typically begins with a reservation agreement and a holding deposit to take the property off the market, followed by a private purchase contract (arras) where a further deposit is paid, commonly 10% of the purchase price. Completion takes place before a notary, at which point the balance is transferred and ownership is registered. We strongly recommend instructing an independent Spanish solicitor to act on your behalf throughout.
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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
- 2
- Build Size
- 75 m²
- Energy Rating
- G
