New-Build 1-Bedroom Apartment in Centro, Torrevieja
Centro, Torrevieja · Alicante
1 Bed1 Bath54 m²Energy: G
Description
This new-build apartment on the third floor of a secured residential complex in Centro, Torrevieja measures 54m2 of internal space and includes a private terrace, storage room, built-in wardrobes, and air conditioning. The building is served by a lift and benefits from on-site security. Alicante-Elche Airport is approximately 35 minutes away by car.Centro is Torrevieja's commercial and administrative core, centred on Calle Ramón Gallud and the Paseo Vista Alegre promenade. Playa del Cura and Playa de los Locos are both within the central district, and the weekly Friday market at Mercado Municipal on Calle Patricio Pérez draws local shoppers throughout the year. Restaurants, pharmacies, and supermarkets line the streets around Plaza de la Constitución, all within the Centro neighbourhood.At EUR 199,000 for 54m2, the price per square metre is approximately EUR 3,685. As a new build, VAT applies at 10% rather than ITP, adding around EUR 19,900. Notary fees typically run EUR 600 to EUR 1,200 and land registry fees EUR 400 to EUR 800, with legal fees around 1% plus VAT. Estimated community fees are EUR 90 per month and estimated IBI is EUR 300 per year. The energy rating is G. Torrevieja is a designated tourist area, and short-term rental licences are available in this province, making the apartment of interest to investors.
Features
- Communal pool
- Solarium
- Jacuzzi
- Lift
- Security
- Air conditioning
- Built-in wardrobes
- Terrace
- Storage room
- Near beach
- New build
Property Details
| Property Type | Apartment |
| Bedrooms | 1 |
| Bathrooms | 1 |
| Built Area | 54 m² |
| Floor | 3 |
| Energy Certificate | G |
| Reference | 55276124-01 |
Distances & Nearby
- airport
- 35 min (Alicante-Elche ALC)
✈️
Location
Centro, Torrevieja · 37.9780, -0.6834
About Centro, Torrevieja
Centro is the central district of Torrevieja, a coastal city in Alicante province on the southern Costa Blanca. The neighbourhood is predominantly residential and commercial, with apartment blocks making up the majority of the property stock. Calle Ramón Gallud and the Paseo Vista Alegre promenade are the main axes, and both Playa del Cura and Playa de los Locos beaches are within the district. The Mercado Municipal on Calle Patricio Pérez, daily shops, and health centres are all accessible on foot. Alicante-Elche Airport is approximately 35 minutes by car.
Frequently Asked Questions
What are the purchase costs on top of the EUR 199,000 price?
As a new build in Alicante province, you pay IVA (VAT) at 10% instead of transfer tax, which amounts to EUR 19,900. Add notary fees of EUR 600 to EUR 1,200, land registry fees of EUR 400 to EUR 800, and legal fees of approximately 1% of the purchase price plus VAT (around EUR 2,390 plus VAT). Total purchase costs typically fall between EUR 23,000 and EUR 25,000 on top of the asking price.
Can non-residents get a mortgage for this property?
Yes. Spanish banks generally lend up to 60-70% of the purchase price to non-residents, meaning you would need a deposit of around EUR 60,000 to EUR 80,000 on a property at this price. Current variable and fixed mortgage rates in Spain range from approximately 3.5% to 4.5%. We can connect you with independent mortgage brokers who specialise in non-resident finance.
What are the ongoing running costs?
Estimated community fees are EUR 90 per month (EUR 1,080 per year) and estimated annual IBI (council tax) is EUR 300. Please note these figures are estimates; confirm final amounts with the developer and local authority before exchange. Utility connection costs for a new build will also apply.
Can I view this apartment remotely before travelling to Spain?
Yes. We offer video viewings via WhatsApp, FaceTime, or Zoom for buyers who cannot travel immediately. Our agents can walk through the apartment and the complex in real time, or send a pre-recorded tour. In-person viewings in Torrevieja can be arranged any day of the week with advance notice.
What is the rental potential for this apartment?
Torrevieja is a designated tourist area in Alicante province, and short-term holiday rental licences (VT licences) can be applied for through the Generalitat Valenciana. Demand for short-term lets in Centro is consistent from spring through to autumn given the location's proximity to the beaches and town centre. We recommend consulting a local gestoria to confirm current licence availability for this specific building before purchase.
How does the purchase process work in Spain?
First, you obtain an NIE (Número de Identificación de Extranjero), which is required for any property transaction. You then pay a reservation fee, typically EUR 3,000 to EUR 6,000, to take the property off the market. This is followed by a private purchase contract (arras or contrato de compraventa), at which point around 10% of the price is paid. The balance is paid at the notary on the day of completion, when title transfers to you. For new builds, stage payments during construction may also apply.
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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
- 54 m²
- Energy Rating
- G
