1st-Floor New-Build 3-Bedroom Apartment in El Limonar, Torrevieja
Centro, Torrevieja · Alicante
3 Bed2 Bath104 m²Energy: G
Description
Part of a new-build complex of 60 homes in El Limonar, this first-floor apartment offers 104 m2 of living space across 3 bedrooms and 2 bathrooms. Built-in wardrobes are fitted as standard throughout. The complex includes apartments, ground-floor units and penthouses, with the total number of floors to be confirmed with the agent. Alicante-Elche Airport is approximately 44 km away, around 35 minutes by car.El Limonar is a residential area on the southern edge of Torrevieja, close to the N-332 coastal road. The Salinas de Torrevieja salt lagoon, a protected natural park, lies within a short drive. Playa de la Mata, one of Torrevieja's longest beaches, is roughly 4 km from the complex. Local supermarkets and day-to-day amenities within El Limonar are close by, and precise distances to specific shops and the beach should be confirmed with the agent.At EUR 370,000 for 104 m2, the price per m2 works out at approximately EUR 3,558. As a new build, the purchase is subject to IVA at 10%, equivalent to EUR 37,000, plus notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of around 1% plus VAT. Community fees are listed at EUR 0 at the time of publication and buyers should verify this with the developer. IBI and basura figures are not yet available. The energy rating is G. Torrevieja is a tourist area, making the apartment suitable for short-term holiday letting subject to obtaining the relevant tourist licence from the Valencian Community.The complex features landscaped communal gardens, a communal pool, a communal gym and a children's playground. Ground-floor units include a private garden and penthouses have a private solarium. The outdoor provision specific to this first-floor apartment should be confirmed with the agent.
Features
- New build
- 3 bedrooms
- 2 bathrooms
- 104 m2 build size
- 1st floor
- Built-in wardrobes
- Communal pool
- Communal gym
- Communal gardens
- Children's playground
Property Details
| Property Type | Apartment |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Built Area | 104 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 70729719-07 |
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.
Frequently Asked Questions
What are the purchase costs on top of the EUR 370,000 asking price?
As this is a new-build property, IVA applies at 10%, which is EUR 37,000 on the asking price. On top of that, you should budget for notary fees of approximately EUR 600 to 1,200, land registry fees of EUR 400 to 800, and legal fees of roughly 1% of the purchase price plus VAT (approximately EUR 3,700 before VAT). Total additional costs typically run to around 12 to 13% of the purchase price.
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 370,000 that equates to a deposit of approximately EUR 111,000 to EUR 148,000. Current variable and fixed mortgage rates from Spanish lenders are broadly in the 3.5 to 4.5% range, though rates vary by lender and applicant profile.
What are the ongoing running costs for this apartment?
Community fees are listed as EUR 0 at the time of publication. Buyers should verify the final figure directly with the developer before exchange, as this may change once the complex is completed and handed over to a residents' community. IBI (council tax) and basura (refuse collection) figures are not yet available for this new-build and should be requested from the developer or local town hall.
Is it possible to view the property remotely before travelling to Spain?
Yes. We offer video viewings for this development, which can be arranged at a time that suits you. A video tour allows you to assess the layout, finish quality and communal areas before committing to a visit. Contact us to arrange a live or pre-recorded video viewing.
What is the rental potential for this apartment?
Torrevieja is a well-established tourist destination on the Costa Blanca with strong summer demand. A 3-bedroom apartment of this size in El Limonar could be suitable for short-term holiday letting, subject to registering for a tourist licence through the Valencian Community's tourism authority. Rental income levels vary considerably depending on the season, finish and marketing, so we recommend taking independent advice from a local letting agent.
What does the buying process involve?
You will first need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate in your home country or at a police station in Spain. Once the price is agreed, a reservation contract is signed and a holding deposit, typically EUR 3,000 to 6,000, is paid to take the property off the market. This is followed by a private purchase contract (arras), at which point around 10% of the price is paid. The balance is settled at completion before a notary, who registers the title deed. Using an independent Spanish solicitor throughout the process is strongly advised.
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Key Details
- Type
- apartment
- Bedrooms
- 3
- Bathrooms
- 2
- Build Size
- 104 m²
- Energy Rating
- G
