1st-Floor Sea-View New-Build Apartment in Paseo Marítimo, Torrevieja
Centro, Torrevieja · Alicante
1 Bed1 Bath61 m²Energy: G
Description
This 61 m² first-floor apartment forms part of a new-build development on Paseo Marítimo, Torrevieja's seafront promenade, and includes one bedroom, one bathroom, underground parking and access to a communal pool with solarium. The building has a lift and security provision throughout. Sea and panoramic views are available from the apartment.Paseo Marítimo runs along Torrevieja's southern coastline and gives direct access to the town's main beaches, including Playa del Cura and Playa de los Locos. The promenade itself is lined with restaurants and cafés, and the Mercado Municipal on Calle Patricio Pérez is a short walk inland. Alicante-Elche Airport is approximately 35 minutes by car. Paseo Marítimo is also within easy reach of several golf courses along the Costa Blanca south.Estimated community fees are approximately 90 EUR per month and the estimated annual IBI charge is 360 EUR. The energy performance certificate is rated G. 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%. ITP does not apply. Reduced rates and local allowances may apply if you meet this region's conditions, for example age, large-family or disability status, or buying a primary residence. Torrevieja's Paseo Marítimo attracts consistent short-term rental interest given its coastal position, making this a consideration for buyers exploring the holiday-let market.
Features
- Communal pool
- Sea views
- Panoramic views
- Near beach
- Solarium
- Underground parking
- Lift
- Security
- Near golf
- Air conditioning
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 61 m² |
| Floor | 1 |
| Energy Certificate | G |
| Reference | 56986445-02 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
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Location
Centro, Torrevieja · 37.9774, -0.6738
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 taxes and fees apply to this apartment?
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 to new builds. On top of taxes, budget for notary fees of approximately EUR 600–1,200, land registry fees of approximately 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 this region's conditions, for example age, large-family or disability status, or buying a primary residence — worth checking before you finalise your budget.
Can I get a mortgage as a non-resident buyer?
Spanish banks typically lend non-resident buyers up to 60–70% of the purchase price, meaning a deposit of 30–40% is usually required. Current variable and fixed mortgage rates for non-residents generally range from approximately 3.5% to 4.5% annually, though rates vary by lender and applicant profile. We recommend obtaining a mortgage agreement in principle before making an offer.
What are the ongoing running costs for this property?
Estimated community fees are approximately EUR 90 per month, covering communal areas, the pool and shared facilities. The estimated annual IBI (local property tax) is EUR 360. These figures are estimated and may be subject to change. There is no basura (rubbish collection) figure currently on record — your solicitor can confirm this prior to completion.
Can I arrange a viewing remotely?
Yes. We offer video viewings via WhatsApp or video call for buyers who cannot visit in person. Our agent can walk you through the apartment and the communal areas live, and we can follow up with additional photos or floor plans. In-person viewings in Torrevieja can also be arranged at a time to suit you.
Is this apartment suitable for holiday rental?
Paseo Marítimo's seafront position in Torrevieja generates consistent short-term rental demand, particularly from late spring through early autumn. To let the property as a tourist rental, you will need to apply for a tourist licence from the Valencian Community authorities before advertising. We recommend speaking to a local property manager about realistic occupancy expectations in this area.
What does the purchase process involve?
First, you will need a Spanish NIE (tax identification number), which can be obtained at a Spanish consulate or in Spain with a solicitor's assistance. Once you agree a price, a reservation contract is signed and a holding deposit is paid to take the property off the market. This is followed by the arras (preliminary contract), at which point typically 10% of the purchase price is paid. The sale completes before a notary, where the balance is transferred and the deeds are signed. Using an independent Spanish solicitor throughout is strongly advised.
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
- 1
- Bathrooms
- 1
- Build Size
- 61 m²
- Energy Rating
- G
